Sentences with phrase «term uptrend»

At this time the index tested the long term uptrend line as a support level.

The third resistance feature is the long term uptrend line that defines the development of the trend in the Shanghai index.

Nevertheless the long term uptrend in nominal prices is subject to countless recurring seasonal patterns.

Elsewhere look for Gold to continue in its short term uptrend while Crude Oil churns with more sideways price action.

Longer term the uptrends remain with the QQQ looking the strongest.

«While GBP is in a short - term uptrend for now, we are still struggling to see a material improvement in the medium - term outlook to justify going long GBP here,» it said.

Monero is still consolidating its recent gains, and the coin remains in a strong short - term uptrend despite the relative weakness during the weekend.

The Direxion 30 - year Treasury Bull 3X ETF ($ TMF), an index that tracks the performance of long - term US government T - bonds, has been in a long - term uptrend since February of 2011, but has been in an intermediate - term downtrend (correction) off its highs since July of 2012.

while the April recovery rally appeared to have run out of steam, the short - term uptrend pressure remains up and the charts are still building on encouraging formations.

With the strong sell - off in December Gold's long - term uptrend looked to be in trouble, however the January rebound, albeit on lighter volume, staved off a complete breakdown.

Elsewhere looked for Gold ($ GLD) to continue in its short term uptrend while Crude Oil ($ USO) churned with more sideways price action.

Continued Intermediate Term Uptrend.

Crude Oil remains in a long - term uptrend as we have discussed for months now in the commentary.

Second, each of these ETFs is also trading below its five - day moving average, thereby offering a near - term «buy on the dip» opportunity, given the longer - term uptrend at hand.

Bitcoin price is starting a new short - term uptrend on its 1 - hour time frame and might offer an opportunity to go long on a pullback.

The retreat presented a buying opportunity, but not for a long - term uptrend continuation.

Key support levels ahead for the latter index are 1,905, a 3 percent drop from Friday's close, and then 1,820, a violation of which «would alter the longer - term uptrend of the broader market.»

The low for the week was 7,073.00, not too far from the week's close of 7,092.40 (weak close), while a 61.8 % Fibonacci retracement of an intermediate - term uptrend completed at 7,089.20.

Dash built up relative strength during the second phase of the rally this week, and the coin is in a clear short - term uptrend following the move, although a correction likely started today.

Broadly speaking, stocks tend not to break out of these longer - term uptrending channels for very long before mean - reverting back in.

This currency pair continues to operate within the context of a long - term uptrend extending from March.

Within the context of this downtrend resistance line, price has made several breakdowns of both short - term uptrend support lines and horizontal support...

The post Bitcoin Price Technical Analysis for 11/14/2017 — Short - Term Downtrend, Long - Term Uptrend appeared first on NEWSBTC.

Though the long - term uptrend in ethereum is definitely holding up, shorter term price movements have been choppy.

The first feature on the Dow chart is a long term uptrend line.

The US Dollar Index ($ UUP) was showing strength in the short run while US Treasuries ($ TLT) were consolidating in the short term uptrend.

The slope of this new trend line is different from the slope of the long term uptrend line.

Dash continues to be the strongest major regarding price action as the coin quickly recovered almost all of its losses and it's holding on in its short - term uptrend despite the stretched long - term picture.

The USDJPY has been in a short - term uptrend since breaking up through 107.35 — 108.15 key resistance zone which has subsequently flipped to a key support zone.

Although seemingly vulnerable to a short - term weakness, a close below 2660 is needed before there is any real prospect of a change in the short - term uptrend pressure

Longer term their uptrends remain intact.

The rally over the past week was a breakout above a valid base of consolidation, which could set into motion a new intermediate - term uptrend for this ETF.

However the clearly visible changes in volatility behavior, and the compression and rollover of the long - term GMMA show beyond doubt that the long - term uptrend has ended.

In this environment the long - term GMMA will remain well separated and that is a major resistance feature that limits any rally and makes it more difficult to establish a new long - term uptrend.

Until the long - term uptrend is well defined, traders continue to trade short - term rally - and - retreat behavior.

Until the long - term uptrend is well defined, traders will continue to trade short - term rally - and - retreat behavior.

This steady separation is characteristic of a sustainable longer term uptrend.

The second resistance feature is the value of the long - term uptrend line.

The Dow chart now has three significant chart patterns and they combine to define the strength of the longer - term uptrend and to identify support features.

The first feature on the Dow chart is a long - term uptrend line.

The Dow chart now has three significant chart patterns and they combine to define the DOW rally in the short term and the strength of the longer term uptrend.

Nearly a month ago, in our March 18 blog post (part 1), we said, «The impressive, long - term uptrend in gold (from 2005 to 2011) appears to be reaching an end.

While we still can't conclude a new short - term uptrend in the segment, and as last week's leaders are still only mixed (with small caps notably outperforming), the overall picture is slightly brighter.

That said, traders should wait until a new short - term uptrend is established before entering new positions.

The longer - term uptrend line (from the lows of 2011) is still well below the current price of the NASDAQ, but would likely become a target support level to the downside if market conditions continue to deteriorate:

As BTC hit a marginal new high yesterday, ETH remained strong overnight, and it's still within its rising short - term uptrend.

The coin is in clear short - and long - term uptrends, without being overbought, pointing to more upside potential for both traders and investors.