Sentences with phrase «bearish daily low»
VanEck Vectors Gold Miners ETF (GDX) Key Statistics (as of close 12/14/17) Daily High 22.17 Short - Term Trend Bearish Daily Low 21.80 Intermediate - Term Trend Bearish Daily Close 22.08 Long - Term Trend Bearish Minor Support Level 20.99 Minor Resistance Level 23.88 Major Support Level 12.40 Major Resistance...
http://www.netpicksetfinvestor.com/ Not exact matches
But for now, maintaining a small percentage allocation of short / bearish exposure may help to reduce overall portfolio risk by basically «hedging» until / unless the downtrend from the September 2012 highs is convincingly reversed by the formation of two «higher lows» and «higher highs» on the daily charts.
The Nymex crude oil futures bears had a good day Wednesday by scoring a bearish «outside day» down on the daily bar chart — whereby the daily high was higher and low was lower than the previous session's trading range.
Daily Chart — It seems that there's a great probability of such happening, as price action has recently just broken previous structure low ~ forming a bearish trend.
That said, the daily chart remains bearish, and we expect another leg lower in the correction.
A daily close (as per UTC) below the 50 - day MA would only add credence to the bearish setup detailed above (on the daily chart) and open the doors for a sell - off to $ 9,280 (Feb. 25 low) and $ 8,880 (200 - day MA).
Technically, BCH / USD has formed a bearish pennant pattern observed on the daily time frame, support of the lower trend line currently tracking around $ 625, where the upper resistance is seen at $ 680.
Bitcoin looks set for a drop to $ 6,860 and could possibly extend losses as low as $ 6,000, as indicated by the bearish setup on the daily chart.
XRP / USD technically is subject to a potential heavy break lower, if it gives up on the underlying trend line of a bearish pennant formation, seen on the daily time frame.