At the moment, BTC / USD is trading around 4.5 % higher from the recent
swing low of USD 6,873.
The pair is now trading near the last
swing low of $ 625.
The market has rebounded more than $ 70 billion from Sunday's
swing low of around $ 275 billion.
Currently, Bitcoin Cash price is testing the region of the 61.8 % Fib retracement level with the previous
swing low of $ 1,250 from a high of $ 1,283.
However, bears are attempting to defend the $ 4695 level, which is a 61.8 percent Fibonacci retracement of the fall from the high of $ 4980 to
the swing low of $ 4234.16.
If the S&P 500 loses support of its April 10th
swing low of 1,357, the broad market could easily see a more pronounced pullback from its highs.
The price has breached the last
swing low of $ 281, which is a... Continue reading Ethereum Price Technical Analysis — ETH / USD Completed Correction
Furthermore, this range represents a Fibonacci retracement of 38.2 % to 50 % (from
the swing low of February 26 to yesterday's (March 5) intraday high.
Not exact matches
More disturbing than the incidence
of cardiac arrest in fairly healthy people, however, are the variations in survival rates, which can
swing from as
low as 3 % in some US counties to as high as 20 % in others, The New York Times reports.
Fixed - income investors should be realistic in expecting this to be a year
of relatively
low returns across asset classes in general — a year in which small ball becomes much more important than
swinging for the fences.
In early Asian trade on Monday, the Shanghai bourse posted dramatic
swings on either sides
of the flatline and was last seen more than 2 percent
lower, despite the People's Bank
of China's (PBOC) bigger - than - expected easing package over the weekend.
This is one
of the reasons calories from sweetened beverages are often referred to as «empty calories,» since they can increase hunger pangs and mood
swings and leave you with
low energy levels.
And matters weren't helped much as volatility hovered close to the
lowest levels on record, sapping the market
of the price
swings so crucial for active managers to prove their bonafides.
And matters weren't helped much as volatility hovered close to the
lowest levels on record, sapping the market
of the price
swings so crucial for active managers to prove their bona fides.
«Other things equal, a counterfactual analysis shows that Michigan, Wisconsin, and Pennsylvania would have
swung in favor
of the Hillary Clinton if robot adoption had been two percent
lower over the investigated period, leaving the Democrats with a majority in the electoral college.»
This year, price
swings for Treasuries are up almost 75 percent from their
lows in 2013, data compiled by Bank
of America Corp. show.
Comparing the most recent distribution
of estimates with previous points in history (see chart below), there is greater clustering around the mean and noticeably shorter tails, suggesting a
lower likelihood
of major price
swings over the next year.
After the higher
swing low was established in the first half
of December, the next step was to look for a tight then look for a tighter, shorter - term price range to develop just below resistance
of the highs
of the base.
Finally, as for the exit point, our target on this type
of momentum trade is simply a retest
of the prior
swing high (or prior
swing low if selling short).
Low volatility had been replaced by high volatility — Q1 had 23 days
of daily moves greater than 1 % in the S&P versus seven such days for all
of last year, and the first few weeks
of the second quarter have seen similar
swings.
Approximately 90 % or more
of our ETF and stock breakout entries will have some sort
of a «higher
swing low» in place prior to our buy entry, and this setup was no different:
As always, we will provide subscribers
of The Wagner Daily with our exact entry, stop, and target price if / when this technical trade setup provides us with an ideal,
low - risk entry point (click here to start your 30 - day risk - free trial membership to our
swing trade newsletter today).
The next major support level is the 50 - day moving average ($ 112 area), while the second zone
of support is the prior
swing lows (just below $ 110):
Rather, our most ideal short selling candidates are stocks and ETFs that have recently set new «
swing lows» (or are testing prior
lows), and have subsequently bounced into resistance over a period
of three to ten days.
Furthermore, the odds
of $ DZZ going to a new high are much
lower than the odds
of it simply going back to retest its prior highs because now there is resistance
of a major
swing high (support
of a key
swing low in $ GLD).
Above all, our protective stop was already in place at the time
of buy entry (just below the prior «
swing low»), and we were relaxed because
of our zen - like «set it and forget it» approach to placing stops.
Once a clear base
of support has formed, we then look for the formation
of a «higher
swing low» to develop within the base, which lets us know that bullish momentum is on our side.
In this post and in the May 2 issue
of The Wagner Daily, we said, «If the S&P loses support
of its two - day
low (1,394 at that time) and doesn't recover quickly, we anticipate a retest
of the 1,357
swing low in the near - term.»
The pink, horizontal line on the weekly chart below shows the area
of resistance that $ LULU may bounce to, which may present you with a
low - risk entry point for
swing trading on the short side:
Bar 3 - Opening reversal up from moving average, possible
low of day, but
low probability so
swing or wait, but consecutive bear bars, better to wait for a strong bull breakout, or more buying pressure and second entry buy
As we entered into neutral mode on October 5, we began exiting all long positions in individual stocks and started focusing primarily on
swing trading ETFs with a
low correlation to the direction
of the overall stock market (ie.
Operating with the idea that the 200 - day moving average
of $ QQQ will not provide significant support, we now expect $ QQQ to fall to test its prior
swing low (around the $ 63 to $ 64 area) over the next two weeks.
On April 15, the NASDAQ brothers dipped below pivotal support
of their February 5 «
swing lows» on an intraday basis, then recovered to close near their highs
of the day.
Possible
low of day, but
low probability so
swing or wait, but
low probability so
swing only or wait
Looking at the 2 - hour chart
of ETH / USD, the pair made a nice advance from the $ 675.00
swing low.
The coin is currently testing the upper boundary
of the pattern, and another leg higher in the trend is likely after establishing a
swing low near the $ 0.20 level.
The blue horizontal line marks horizontal price support
of the recent «
swing lows» set earlier this month:
Conversely, an inverse head and shoulders is bullish when it forms around the near - term
lows of a protracted downtrend, and will frequently lead to new «
swing highs.»
Presently, there are a handful
of stocks that meet my criteria for selling short (former leading stocks blowing up), but I have not yet spotted
low - risk
swing trade entry points on the daily charts.
This is the bullish type
of price action that leads to sustainable breakouts and ideal,
low - risk
swing trade entries.
If $ SMH can set a higher
swing low and close above Monday's high on a pick up in volume, then it may attract enough buying interest to break the short - term downtrend line and test the highs
of the base:
In late December, $ RSX formed a second higher
low, right at near - term technical support
of the 20 - day EMA, which led to a failed breakout above the prior
swing high.
But traders who have been paying attention to the bigger picture
of what's happening avoided jumping back into the market so quickly, and yesterday's breakdown to new «
swing lows» shows they were correct in doing so.
On the chart below, notice how the distance from each
swing high to
swing low has tightening up (compared to the volatility
of June and July):
Analysts at investment research platform Seeking Alpha found that
of all the months
of the year, October has historically experienced the most 1 - percent
swings in either direction for the S&P 500 index — and during election years, stocks have finished the month
lower, on average.
For the past three weeks, New 52 - Week Highs (the blue line) has formed several «higher
lows,» and is now poised to breakout above resistance
of its prior «
swing high.»
With the exception
of the S&P MidCap 400 Index, all the major indices have fallen below support
of their prior
lows from April, resulting in the formation
of new «
swing lows.»
We prefer
lower risk entry points, so we look to build a position much earlier in the base using a combination
of downtrend line breakouts, higher
swing lows, and the 50ma.
By focusing on our mandate to keep inflation
low, stable and predictable, the Bank has built up credibility, and Canadians have well - anchored inflation expectations, even in the face
of large price
swings.
Bar 8 - Fail, failure breakout high
of yesterday second entry sell, possible high
of day, but
low probability so
swing or wait, but always in long, limit order market, sellers scaling in above, buyers below, both scalping, magnet above,
low probability short, probably buyers below, and sideways more likely than down