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Cryptocurrencies report $BTC.X $ETH.X $LTC.X #cryptocurrency #trading #heikinashi #markets

May 13, 2018 Comments off

Bitcoin/USD ($BTC.X) daily

  • (!)  Fragile
  • (+) Sitting on 8,472 support
  • (+) Heikin-Ashi inside pattern
  • (+) Short but weak reversal haDelta signal
  • (-)  Weak signal because it’s generated deep in negative territory

 

Ether/USD ($ETH.X) daily

  • Bitcoin dependency
  • (+) Higher highs, higher lows
  • (!) The negative bias will be confirmed with a close below the May low

 

Litecoin/USD ($LTC.X) daily

  • Bitcoin dependency
  • (-) Broken higher highs, higher lows pattern
  • (-) Broken support. Next buy-stop above 170.63.
  • (-) Broke the low at the start of May

 

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Green, Orange, Orange $SPX $SPY $DIA $DJIA #markets #investing #trading #heikinashi

May 6, 2018 Comments off

The Orange status points to a transition from red to (light) green.

S&P-500 ($SPX) daily

  • (-)  Inside a descending triangle with a bearish bias.
  • (+) Obvious resistance levels.
  • (+) The Heikin-Ashi combined chart displays a green status.
  • (+) A higher low (May vs April).
  • (!)  For a higher high as a confirmation of an uptrend from the April low, wait until above the April high.

 

S&P-500 ($SPX) weekly

  • (!) Orange status.
  • (!) At support.

 

S&P-500 ($SPX) monthly

  • (!) Orange status.
  • (!) Support @2,542 (-4.53% below the current low)

Categories: heikin-ashi Tags: , , , , ,

Getting the market pulse $SPX $SPY $DIA $DJIA | #trends #technicalanalysis #heikinashi #trendfollowing

April 22, 2018 Comments off
  • Count the number of the S&P-500 stocks that meet oversold/bought criteria based on two technical measures
  • Plot this number in different time frames
  • Daily and weekly charts react best to +/-300 levels (+ in uptrends, – in downtrends)
  • Monthly charts react best to +/-400 levels  (+ in uptrends, – in downtrends)

 

S&P-500 ($SPX) daily

S&P-500 ($SPX) weekly

S&P-500 ($SPX) monthly

Categories: heikin-ashi Tags: , , , ,

$ADBE: Buying higher, selling higher #markets #trading #Adobe #technicalanalysis #trendfollowing

April 15, 2018 Comments off

Adobe ($ADBE) daily

  • (+) Uptrend (higher highs, higher lows)
  • Entry long @232 (above March high)
  • Stop @208 (April low)

 

Adobe ($ADBE) weekly

  • (+) Uptrend with a clear trailing-stop.

 

Adobe ($ADBE) monthly

  • (++) Superb uptrend. Stop (risk) at 16% below current level

Categories: heikin-ashi Tags: , ,

A triangle. A *descending* triangle. $SPY $SPX $DIA $DJIA #markets #trading #investing #heikinashi

April 8, 2018 Comments off

$SPY weekly 

 

$TSLA, a falling knife #Tesla #markets #trends #trendfollowing #trading #investing #cars

April 1, 2018 Comments off

Tesla ($TSLA) daily chart

  • (+) Speculative, falling knife.
  • (+) A bounce (reaction) is in the works, but…
  • (-) Technically, $TSLA is damaged.
  • (++) $HOPE is always there as a support like for $BTC.X  and other cryptos in the past and now.

 

Tesla ($TSLA) daily chart

  • (-) RSI-Laguerre is way below 0.50.

 

Tesla ($TSLA) weekly chart

  • (-) Since July 2017, lower highs, lower highs = Downtrend.
  • (-) Bearish.

 

Tesla ($TSLA) monthly chart

  • (-) Past behaviour does not grant the same behaviour in the future.
  • (-) Indicators are below bullish thresholds.

 

 

Categories: heikin-ashi Tags: , ,

The start of the rollover $SPX $SPY $DIA $DJIA #markets #heikinashi #trading #money #trendfollowing

March 25, 2018 Comments off

S&P-500 ($SPX) daily

  • (- -) Visually, obvious. Any reaction will die at the resistance line (orange).

 

S&P-500 ($SPX) weekly

  • (!) A new low below the February low will weaken the uptrend.

 

S&P-500 ($SPX) monthly

  • (!) The long-term support (trailing-stop) is on watch. Once broken, the rollover gets a strong confirmation.

 

Categories: heikin-ashi Tags: , , , ,
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