Sentences with phrase «bullish momentum in»

Given the force of the up move into last week's close we could see more bullish momentum in the coming days, traders can consider a long entry this week if the market retraces back down to support near 1.2875 or further below near 1.2750 and forms an obvious 4 hour or daily chart buy signal.
Note the daily 8 / 21 EMAs have also crossed higher recently, reflecting the fresh bullish momentum in this market.
Since gold is often viewed as a «flight to safety» play when stocks are weak, it's likely that bullish momentum in $ GLD will continue in the near to intermediate - term.
Overall, we remain well - positioned to profit from continued bullish momentum in the market, while still maintaining our firm, protective stop prices (as always) in case things don't go as planned.
The increasing bullish momentum in the financial ETF we mentioned last Friday can be easily seen on the percentage change chart below, which compares the performance of S&P Select Financial SPDR ($ XLF) against the S&P 500 SPDR ($ SPY), a popular ETF proxy that tracks the performance of the broad - based S&P 500 Index:
Today, we follow - up that analysis by examining in more detail the increasing bullish momentum in the financial sector.

Not exact matches

«So as long as these stocks all screen favorably in our momentum work, and for the most part they do — they still have bullish trends, they've been leadership — we think they're still worth a position in your portfolio.»
We expect bullish momentum to carry gold ETFs substantially higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base of price consolidation.
From here, we expect bullish momentum to power $ ZU substantially higher in the near to intermediate - term:
Given its convincing bullish momentum, it's probable that $ PGJ will eventually rally at least to its prior highs of 2011 (about 15 % higher), but the ETF is likely in need of a short rest before doing so.
Overall, Ether is gaining bullish momentum and it will most likely accelerate higher above the $ 750.00 and $ 760.00 levels in the near term.
Although this has been leading to moderately bullish price action in select blue - chip stocks such as $ IBM, more explosive, high - momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction of the overall stock market).
In order to recapture the bullish momentum, SPY must generate a weekly close above 280.23.
After being in downtrend from April 2011 until September 2012, KOL is now setting up as a short - term, momentum - based bullish trend reversal play.
Should the Aussie and the Canadian Dollar pick up some bullish momentum, we could be in for a more durable rally in equities too, as they have been leading risk assets in recent weeks.
When you learn how to interpret subsequent price action that follows the touch of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.
To investigate, we consider relationships between Powershares DB US Dollar Index Bullish Fund (UUP) and the following exchange - traded fund (ETF) asset class proxies used in «Simple Asset Class ETF Momentum Strategy» (SACEMS) at a monthly measurement frequency:
I'm not involved in corn, but I do believe prices are headed higher as we have major support around the 3.73 level, but for the bullish momentum to continue, we have to break the 3.95 area.
The ETH token has lagged BTC in the second half of the week, but it's holding up above support, despite the lack of short - term bullish momentum.
Meanwhile, the most traded currency pair is still trading in a broad consolidation pattern after failing near the upper boundary of the formation again, and as the tension in the market grows, a large momentum move could be around the corner, with the long - term trend still being bullish.
«Tax Day» in the U.S. is today, April 17, and a number of analysts are bullish on Bitcoin as the much - anticipated tax deadline should trigger the next upward momentum.
With valuations very rich, bullish sentiment high, and stocks generally overbought, there's a certain momentum to the market that makes it likely - in terms of probability - that stocks will be higher in the weeks ahead.
Considering that US stocks have been in a 5 - year bull market, it would be unreasonable to expect such bullish momentum to change overnight.
The cryptocurrency segment is in a short - term correction after a great week that saw several key resistance levels fall, as the major coins kept up the bullish momentum and hit new rally highs after a shallow correction.
After it broke out above resistance that day, buyers immediately stepped in and bullish momentum propelled the ETF sharply higher for six consecutive days (and still counting).
The next step before attempting to establish a low - risk buy entry in a stock that is basing out is to ensure the price action has begun to show signs that bullish momentum has moved back in our favor.
This ensures that bullish intermediate - term momentum is in our favor, which dramatically increases the odds of a profitable trade.
The major cryptocurrencies continue to act bullish after last week's strong momentum move higher, as the largest coins are all trading in shallows corrections or are...
Although we'd love to see $ EPI pull back closer to the prior breakout level at $ 19.40 in order to establish an even lower risk position, we do not want to miss the next potential move higher when the bullish momentum of the recent breakout resumes.
The GBPUSD moved higher last week, in - line with recent bullish momentum.
Momentum and trajectory remain very bullish and although there was a small bullish pin on Friday, it's not really in the right location for us to commit to a new long position just yet.
We would have liked to see a bullish close on this setup but given that the tail was long and obvious, and the setup was with the near - term momentum, we don't always NEED the close in our favor, it's just an extra point of confluence.
I am more bullish now, but I am waiting for a turn in the momentum to get more aggressive.
I got a large - ish amount of responses to my pieces Does Not Pass the Japan Test, A Reason to Sell Stocks Amid the Rally, and my more bullish piece Momentum in the S&P 500.
Bullish chart patterns on biotech - related assets suggest that the bulls are in control of the momentum.
Following this upside break out, we are looking to buy on any weakness, to enter long, in the direction of the bullish momentum.
This current rally is fueled by bullish comments from the new CEO, day traders who follow momentum (look at the recent rise in volume in the first graph, and short sellers buying in their positions.
Indeed we propose a simple model of the price dynamics in which the return growth depends on three components: a) a momentum component, naturally justified in terms of agents» belief that expected returns are higher in bullish markets than in bearish ones; b) a fundamental component proportional to the log earnings over price ratio at time zero.
With the bitcoin price already recovering from its major correction and no hard fork in sight, bitcoin is at a bullish scenario to achieve new highs and regain momentum.
Either price is consolidating for a greater move in general, or, this represents a bearish divergence showing a higher highs in price on lower volume, which would suggest weakening bullish momentum.
Short - term momentum studies indicate bullish setup: 5 - day MA and 10 - day MA are curled up in favor of the bulls.
EOS price is one of the few cryptocurrencies that seem to be closing the week in a bullish momentum.
Cryptocurrency frauds, scams, and hacks tend to rise every time there is considerable upward momentum in pricing for cryptocurrency market, so be extra cautious when the market is bullish.
Price action and market momentum are slowing, as bitcoin price typically does prior to a strong directional move... The one - day and three - day charts remain in bullish mode.»
However, bitcoin price has also broken past the moving averages» dynamic inflection points to reflect a pickup in bullish momentum.
While the trading volumes are low due to Easter holidays in many European countries, the bullish momentum is visible across the whole cryptocurrency market with all major coins recovering from early Asian lows.
A bullish momentum is sluggishly forming above the $ 450 level in the current session following the announcement from Coinbase cryptocurrency exchange to add the support for Ethereum smart contracts technology ERC20.
In addition, a bullish divergence was spotted on the RSI, which indicates that the pair is gathering momentum to end the correction.
Prices are stable and in the green zone, but upsides could be capped considering the lack of bullish momentum.
Bitcoin mostly traded in a range during the past two sessions, but a few altcoins such as bitcoin cash, E-coin, Ethereum classic, bitcoin gold and Qtum gained heavy bullish momentum and traded higher.
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