If price action breaks above current session highs in an uptrend OR breaks below current session lows
in a downtrend from that 2 pm EST zone, expect a strong continuation of the directional trend into the final hour and / or closing bell.
Wanted to share... These are his opinions... BTW Gold is
in a downtrend from a trend following perspective but that can change....
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.
Not exact matches
A respected TV financial commentator told viewers
in Australia recently that the dollar index had broken out
from the
downtrend and the US dollar was poised to go higher.
Mike van Dulken, head of research at Accendo Markets, says
in an email on Thursday morning: «Gold has been a clear winner
from the US dollar's sharp sell off following the Fed's rate hike, as the precious metal halts its
downtrend to post fresh two - week highs.
This will also signal a breakout
from the
downtrend in the dollar yen with an initial upside target near $ 1.12.
Fuel prices have been
in a
downtrend since June, losing nearly 50 percent of their value, on the back of a price war waged by OPEC (the Organization of Petroleum Exporting Countries) against the U.S. shale producers and as demand
from China decreased amid slowing growth.
Crude oil rallied 20 percent
from its 52 - week low this week, but is technically overbought and
in a
downtrend.
This is where our objective, rule - based market timing model really shines, as it prevents us
from selling short when the main stock market indexes are still trending higher (or going long when the broad market is
in a confirmed
downtrend).
Short exposure (including inverse ETFs) is at its highest level,
in order to profit
from a
downtrending market
The virtual currency has been
in an overall
downtrend since Thursday, falling
from a high of almost $ 7,900 and breaking below $ 7,000 on Friday.
The iShares Dow Jones US Real Estate Index Fund (IYR) went
from an uptrend to a
downtrend in aggressive fashion.
After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step
in due to break of key moving average resistance, as well as a break of the
downtrend line
from the January high.
In the halcyon days this was the rate of inflow every three days (it's important to note that crowdfunding amounts vary, but there seems to be a general downtrend in the market from the data we were able to collect
In the halcyon days this was the rate of inflow every three days (it's important to note that crowdfunding amounts vary, but there seems to be a general
downtrend in the market from the data we were able to collect
in the market
from the data we were able to collect).
Unlike our stock trading strategy, which focuses primarily on Breakouts and Pullbacks
in uptrending markets, we afford ourselves a bit more diversity with our ETF trading strategy because we also seek to take advantage of ETFs reversing
from downtrends.
In recent commentaries we've discussed the downtrend in the GBPUSD and that we were looking to sell from retraces back to resistanc
In recent commentaries we've discussed the
downtrend in the GBPUSD and that we were looking to sell from retraces back to resistanc
in the GBPUSD and that we were looking to sell
from retraces back to resistance.
Similar to other cryptocurrencies, litecoin has also been
in a
downtrend since September 18, when the price started to drop
from a high of about $ 57.
The energy sector has rebounded sharply
from the multi-year
downtrend in oil prices, but has severely underperformed the S&P 500 Index this past year.
Homebuilder sentiment is near recovery highs, yet the relative strength of the SPDR S&P Homebuilders ETF (XHB, $ 37.49) has been
in a multi-year
downtrend and recently began to roll - over
from a lower - high, as shown
in the following chart.
Ethereum is also still
in a clear short - term
downtrend following the failure to break - out
from the broader bearish trend.
We are
in a long term
downtrend and we may end up down over 20 %
from the top
in coming weeks.
Whereas,
in a
downtrend, «value» is seen at resistance, since the price has rotated higher within the broader
downtrend; so it's a good «value» to sell
from resistance
in a
downtrend.
As for its stock, RSH has been stuck
in a severe
downtrend since 2010, dropping
from highs near $ 24 to a low just above $ 2.
SELL:
In downtrends: Sell if the timing indicator crosses down
from above 70 to below -LSB-...]
We remain bearish biased on this market and will continue watching for price action sell signals
from resistance to rejoin the
downtrend as we can see the longer - term
downtrend is still clearly
in effect and key support isn't seen until down near 1.2040 area.
The price action
in the trading range is more likely consolidation of
downtrend from 1.6721.
EURUSD stays
in a rising price channel EURUSD stays
in a rising price channel on 4 - hour chart, and the price action
in the channel is more likely consolidation of
downtrend from 1.5144.
Pullbacks occur during uptrends and
downtrends in the form of temporal reversals
from the current trend.
Of course, it's easier to profit
from short sales
in downtrends because, as Martin Zweig wisely says
in his 1986 classic Winning on Wall Street, «the trend is your friend».
X-to-A ideally moves
in the direction of the overall trend,
in which case the move
from A-to-D reflects a short - term correction of established
downtrend.
In order to gain from the probable downtrend, we establish a short - position in the currency marke
In order to gain
from the probable
downtrend, we establish a short - position
in the currency marke
in the currency market.
The Shanghai Composite ($ ASHR) looked to continue its pullback
from a major run higher and Emerging Markets ($ EEM) continued to consolidate
in a bear flag
in their
downtrend.
However, Bitcoin
in particular has proved to be a strong cryptocurrency and has recovered
from the many
downtrends it has faced so far
in its 9 years of life.
Let's talk about some recent research
from Tom Lee at Fundstrat Global, and why US residents potentially owing up to $ 25 Billion
in capital gains taxes on crypto investments might be behind the overall market
downtrend.
Talking Points — Bitcoin (BTC) continues to struggle to reclaim recent losses with the
downtrend from the early September high still
in place.
As volatility makes a comeback
in crytocurrencies, more so
in Bitcoin, the price of the biggest digital coin falls below $ 9,000 and below the very trendline it broke out of last week, signalling the resumption of
downtrend which started
from its January high.
Many
in the investor community continue to believe that the sudden shooting up
in the price of Bitcoin
from $ 6,000 levels is only is only a «corrective rally» and there is a bigger
downtrend to be followed soon after.