Sentences with phrase «now in downtrends»

Not exact matches

«Bitcoin now is testing a very important downtrend line, the same one that the Cryptocurrency failed at in January and again in March (on a log scale),» Frank Cappelleri, executive director, institutional equities at Nomura Instinet, said in a note.

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.

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.

Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.

Although $ GLD is still in a downtrend, there are now 2 main technical signals and 1 other point that give me strong reason to believe gold is poised for a substantial, intermediate to long - term rally and / or bullish trend reversal...

One major question on Wall Street is if the long - term downtrend in rates has now reversed, how will the government pay for all of this new debt on top of the old debt?

Given the immediately negative reaction to earnings of Apple ($ AAPL), which was trading 6 % lower in yesterday's after hours trading, leading stocks, ETFs, and the main stock market indexes could now be on the verge of finally moving out of the choppy, erratic range of the past several weeks, albeit entering into a new intermediate - term downtrend.

For example, now that the broad market is in a confirmed downtrend (at least two «lower highs» and «lower lows» have been set), we are NOT interested in going long (buying) counter-trend bounces into resistance of downtrending stocks.

Although the S&P 500 is easily within striking distance of breaking out to a fresh 52 - week high any day now, the NASDAQ Composite remains below pivotal resistance of its 50 - day moving average and stuck in a 2 - month downtrend.

Although $ GLD is still in a downtrend (until it convincingly breaks out above the $ 128 to $ 130 level), there are now 3 great reasons to buy gold in anticipation of a substantial, intermediate to long - term rally and / or bullish trend reversal.

For now, we're still in a downtrend, but price action did improve last week.

More specifically, the overall downtrend has been rather evident for quite some time now, and it seems there is no real improvement in sight for the foreseeable future.

Considering that the cryptocurrencies are in a downtrend, it is risky to buy anything now.