So using this as an indicator in the way we have been thinking really seems irrelevant now as central bankers continue to hurt any sign
of bearish price action.
At this point in time it looks as though the S&P is going to acquire it's full double bottom target at 2084.30 (calculation shown on chart) as there is barely a glimmer
of bearish price action to work with and as we saw Friday, any kind of dip is bought with both fists.
This is a small sign
of bearish price action in the stock market.
Not exact matches
Based on the above explanation
of our short selling methodology, our anticipated entry into $ GLD (or buy entry into a «short ETF») is now a bounce to near the $ 150 level that is followed by the first subsequently
bearish price action.
If the
price action follows through to the downside today (January 30), then
bearish short - term momentum will likely take the index down to the 4,000 area (support
of the December 2013 lows).
Although our
bearish analysis will undoubtedly anger the loyal army
of Apple fanboys, we are merely being objective by saying that recent
price action of AAPL (and quite a few other former market leaders) indicates a changing
of the guards is on the horizon.
Hence, after studying the charts for some 20 years and watching what market
action has followed the appearance
of Broadening
Price Patterns, we have come to the conclusion that they are definitely bearish in purport, that, while further advance in price is not ruled out, the situation is, nevertheless, approaching a dangerous s
Price Patterns, we have come to the conclusion that they are definitely
bearish in purport, that, while further advance in
price is not ruled out, the situation is, nevertheless, approaching a dangerous s
price is not ruled out, the situation is, nevertheless, approaching a dangerous stage.
Today's
price action confirms the
bearish implications
of the «indecisive» prior session (s) and suggests still lower levels forthcoming.
Last week's
bearish price action caused the main stock market indexes to plunge through major levels
of technical
price support, including key moving averages and prior «swing lows.»
It's been an exciting 24 hours for crypto investors as the slow and
bearish price action of the recent period quickly turned into a buying frenzy...
So, we had confluence with the
bearish momentum, the rejection
of resistance, and an obvious
price action setup.
The shooting star candlestick pattern, also known as the pinbar (or
bearish pinbar) by some, is one
of the most popular candlestick patterns among
price action traders.
This bullish piercing pattern was preceded by a
bearish (downward)
price movement, which is a requirement to qualify taking this trade; the context is very important whenever you're doing any kind
of price action trading.
These are both signs
of bullish
price action vs seemingly
bearish news.
All
of these setups were with the recent daily
bearish momentum and worked out quite nicely for savvy
price action traders.
Combine that with a valid
price action strategy and the right amount
of bullish or
bearish momentum, and you have a winning combination.
The Flag forex pattern is a continuation pattern that is formed just after a bullish or
bearish price action trailed by a session
of consolidation.
Is the stock market's inability to rally in 2018 despite strong fundamentals a sign
of «
bearish price action»?
As has been the case in the past few weeks, the Aussie took directional cues from gold and risk sentiment, which makes for some rather weird and messy
price action, especially on Monday when gold
prices dropped because
of the Greenback's overall strength, which is
bearish for the Aussie.
Today's open hinted that
price action might not be the strong signal to follow... We examine the psych
of why today's open still shows a clear bear signal even though we technically broke into a «reversal
of trend» from
bearish to bullish on the larger time frames.
The EURUSD gained back some
of last week's lost ground today, however, we are still
bearish biased on this market after seeing it weaken significantly over the last two weeks as we discussed in this week's weekly
price action outlook.
I typically have more success with sell trades, so I always prefer the
bearish version
of any
price action pattern.
The equidistant channel can be bullish (ascending) or
bearish (descending) depending on the direction
of the trending
price action.
Whenever there is
bearish looking
price action on the tape, the central planners come in with some sort
of dovish talk or bazooka type money printing and the market doesn't just bounce but causes an epic short squeeze followed by epic FOMO (Fear
of Missing Out).
Price Action Tracker detected a
bearish false - breakout pattern and suggested to wait for a break
of 1.3506 to confirm
bearish sentiment.
No
bearish price action to speak
of and even hard to invent any here like I did above with the S&P.
This forex scalping strategy consists
of an easy to read buy / sell arrow indicator and trading oscillator which oscillates above and below 0.00 for bullish and
bearish price action.
Weekly Chart:
Price action on the stock seems to be trading in a consolidation range with an up build
of a
bearish character.
Nope,
price action explains why it was overvalued [lack
of demand] and it has been in a
bearish trend since 1995 (Clearly something is wrong with management).
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.
Uncertainty generally creates
bearish price action, and uncertainty regarding the underlying principles
of the Bitcoin protocol certainly has many traders and investors concerned.
Further, the lack
of fundamental news leaves us with just
price action analysis, which indicates heightened odds
of a
bearish move.