There is a bullish hammer on the weekly and daily chart... Next week we could be up and starting a new price cycle!

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Sounds good! Good luck!

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GL! there will too much support also...

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The 8 ema is about to cross the 50ema on the 4 hr chart! ( I have a feeling there will be strong support on 1298) Good luck!

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TP 1400!LOL I first want to wait for 1330 atleast... Technically though the daily chart there is bullish divergence too We have a hammer on the daily and also on the weekly chart... Maybe the market is trying to tell us something more... Maybe the ...

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Hey CT! Yes it has been very very rough lately! You too have a great weekend!

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The market can still reverse man! SHorting Dow! Yeah sounds like a good idea (its friday and uncertainty regarding the situation) THere will be more money taken out today and hence shorting any us index would be good!! Goodluck to you!

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Adam button is an interesting commentator; i think in his analysis yesterday he said that the uptrend is in place... he though expects the price to hit 1400...which I find quiet amusing... But lets see; I hope he is right! I really want to find a ...

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Yeah sounds good... the market has to retrace at some point; 1307/8 should be good i suppose!

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There might be a head and shoulder on the 5 min chart... Maybe we are going down?! depends on the close of the 1 hrly and 4hr candle! *Nope False* The 200 sma on the daily is the thing to beat now! That being said amazing candle on the 4hr chart

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I think the longer term trendline from 1392 is at 1306 level right now! If the market breaks and holds those levels by the end of the day we are probably going to be officially in a new bull run! So yeah 1310-15-20-30 etc are all plausible depending ...

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Yes that should be target I suppose as its a fib retracement level! Gl! What is more dangerous is that 1300 was the 50% retracement level for the 1328 top! Hence the market could go a lot lower next week if 1302 resists! maybe even 1224?! we have ...

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LOL! well I see no reason why it shouldnt happen... But not too soon! Next weeks nonfarm will determine that plus the deescalation of ukraine situation... Untill then the trend is either up with retracements on the downside! But the market is also ...

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We might be getting a wick on the 1hrly chart!

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Yes i was thinking the same.. WMD? "World media?, World Mass D****, War mass destruction?? I give up? hehe

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Reasons why the trend is changing... Usd index is at 50% retracement level! S&P has a hammer and we might have a risk off day due to the ukraine situation plus on friday nobody likes to go long! so we will go south! Lastly the usd/jpy looks like its ...

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You are right! a retracement is long over due... I have been waiting since yesterday (the reason I had taken a short) but now if it is too retrace then I think it would first retrace too 1291/2 level and if further then 1384 (which is a 50%) healthy ...

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SHorting right now would not be good... Wait till it breaks 1286 atleast! Otherwise you will be going short or long by the minute!

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As I said in the last post its tough to see...as we are on the crossroads right now! but as long as we don't see a long wick on the 1hrly and 4hr chart I think the bull run should continue today!

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Exactly! and very crucial that it does soon too.. because that area is the 50% fib retracement level from the 1328 recent top level which only means the down trend will continue... Its tough..trading these days! bullish hammer on the daily is making ...

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