Banx broker
Advertisement
Share
View previous topicGo downView next topic
Moderator
Moderator
Broj poruka : 467
Date of Entry : 2013-01-29
View user profile

Re: Hot Stocks Signals

on Tue Feb 28, 2017 7:33 pm
First Trust ISE Chindia ETF (FNI)
 NYT - 28 Feb 2017

Turning down
Regarding the chart:
* The share struck against the 2016 top
* A bearish engulfing configuration is identified between February 22nd & 23rd

Regarding technical indicators:
* The RSI indicator has confirmed a bearish divergence
* The upper Bollinger band plays a resistance role

Trading strategy
Short Sell @ $30.83 - Stop loss @ $31.5 - Target @ $29.35
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Mar 03, 2017 11:26 am
Westpac Banking Corp: bullish bias above 32.50.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 32.50
Our preference: long positions above 32.50 with targets at 35.20 & 36.00 in extension.
Alternative scenario: below 32.50 look for further downside with 31.50 & 30.80 as targets.
Comment: The stock is trading above its rising 20-day and 50-day moving averages, which play support roles and maintain the upside bias. The relative strength index is above its neutrality level at 50 and lacks downward momentum.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Mar 05, 2017 9:02 pm

S&P-ASX 200: limited upside.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 5670.00
Our preference: long positions above 5670.00 with targets at 5835.00 & 5900.00 in extension.
Alternative scenario: below 5670.00 look for further downside with 5575.00 & 5500.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Mar 12, 2017 8:44 pm

S&P-ASX 200: limited upside.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 5670.00
Our preference: long positions above 5670.00 with targets at 5835.00 & 5900.00 in extension.
Alternative scenario: below 5670.00 look for further downside with 5575.00 & 5500.00 as targets.
Comment: the RSI lacks downward momentum.
Moderator
Moderator
Broj poruka : 467
Date of Entry : 2013-01-29
View user profile

Re: Hot Stocks Signals

on Fri Mar 24, 2017 7:43 am

Macquarie Group: supported by a rising trend line.



Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 84.00
Our preference: long positions above 84.00 with targets at 90.00 & 93.50 in extension.
Alternative scenario: below 84.00 look for further downside with 81.00 & 77.00 as targets.
Comment: The technical picture of the stock is bullish as the price is supported by a bullish trend line since November. In addition, the price broke above its 20-day moving average. The RSI is also supported a rising trend line since November.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Mar 26, 2017 11:33 pm

S&P-ASX 200: key resistance at 5820.00.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 5820.00
Our preference: short positions below 5820.00 with targets at 5670.00 & 5575.00 in extension.
Alternative scenario: above 5820.00 look for further upside with 5900.00 & 6000.00 as targets.
Comment: as long as 5820.00 is resistance, likely decline to 5670.00.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Mar 31, 2017 10:20 am

Woodside Petroleum: the upside prevails.



Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 31.50
Our preference: long positions above 31.50 with targets at 33.45 & 34.25 in extension.
Alternative scenario: below 31.50 look for further downside with 30.40 & 29.50 as targets.
Comment: The stock broke above bearish trend line since January and the upper boundary of Bollinger Bands, which indicated the continuation of the bullish trend. The 20-day moving average is turning up. The RSI also broke above the declining trend line since November.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Apr 02, 2017 10:51 pm
S&P-ASX 200: the upside prevails.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 5771.00
Our preference: long positions above 5771.00 with targets at 5960.00 & 6040.00 in extension.
Alternative scenario: below 5771.00 look for further downside with 5670.00 & 5575.00 as targets.
Comment: the RSI broke above a declining trend line.
Broj poruka : 947
Date of Entry : 2014-06-26
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Apr 07, 2017 8:45 am
Beach Energy: further advance.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 0.74
Our preference: long positions above 0.74 with targets at 0.88 & 0.91 in extension.
Alternative scenario: below 0.74 look for further downside with 0.71 & 0.68 as targets.
Comment: The stock broke above the declining trend line since January. The 20-day moving average has crossed above the 50-day one. The RSI is above its neutrality level at 50.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon Apr 17, 2017 7:23 pm
First Trust ISE-Revere Natural Gas ETF (FCG): capped by a negative trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot 25.35
Our Preference short positions below 25.35 with targets at 23.00 & 21.40 in extension.
Alternative Scenario above 25.35 look for further upside with 26.35 & 27.30 as targets.
Comment the RSI is capped by a declining trend line.

First Trust ISE Water ETF (FIW): key resistance at 42.45.

Green Lines Represent Resistances Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot 42.45
Our Preference short positions below 42.45 with targets at 40.15 & 39.40 in extension.
Alternative Scenario above 42.45 look for further upside with 43.25 & 44.00 as targets.
Comment the RSI is capped by a bearish trend line. We notice a bearish divergence with prices reaching record highs while the RSI is showing lower highs, capped by a declining trend line.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Apr 21, 2017 8:31 am

Woodside Petroleum: supported by a rising trend line.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 31.50
Our preference: long positions above 31.50 with targets at 33.15 & 33.95 in extension.
Alternative scenario: below 31.50 look for further downside with 30.40 & 29.50 as targets.
Comment: The stock is supported by the bullish trend line since November. The former declining trend line and the rising 50-day moving average should support the prices. The key support at 31.5 should limit the downside potential.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Apr 23, 2017 11:02 pm

S&P-ASX 200: under pressure.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 5960.00
Our preference: short positions below 5960.00 with targets at 5670.00 & 5575.00 in extension.
Alternative scenario: above 5960.00 look for further upside with 6040.00 & 6125.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 5960.00.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Apr 28, 2017 10:29 am
Westpac Banking Corp: further upside.


Pivot: 34.00
Our preference: long positions above 34.00 with targets at 36.00 & 37.00 in extension.
Alternative scenario: below 34.00 look for further downside with 33.25 & 32.50 as targets.
Comment: the RSI is bullish and calls for further upside. The stock has broke above the upper boundary of the bearish trend channel. In addition, the prices supported by a rising trend line Since November 2016. The rising 20-period and 50-period moving averages are playing support role.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon May 08, 2017 7:54 pm
S&P-ASX 200: under pressure.



Pivot: 5960.00
Our preference: short positions below 5960.00 with targets at 5788.00 & 5670.00 in extension.
Alternative scenario: above 5960.00 look for further upside with 6040.00 & 6125.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 5960.00.
avatar
Broj poruka : 202
Points : 1129
Date of Entry : 2015-06-28
Godina : 32
View user profile

Re: Hot Stocks Signals

on Fri May 19, 2017 2:49 pm

Insurance Australia Group:

break of a ST rising trendline support.

Pivot: 6.39
Our preference: short positions below 6.39 with targets at 5.95 & 5.80 in extension.
Alternative scenario: above 6.39 look for further upside with 6.56 & 6.70 as targets.
Comment: the RSI advocates for further decline. The stock broke below the short term rising trend line and 20-Day moving average.
avatar
Broj poruka : 202
Points : 1129
Date of Entry : 2015-06-28
Godina : 32
View user profile

Re: Hot Stocks Signals

on Mon May 22, 2017 8:12 pm
YieldShares High Income ETF (YYY): supported by a rising trend line.

Pivot 19.1
Our Preference long positions above 19.10 with targets at 19.80 & 20.40 in extension.
Alternative Scenario below 19.10 look for further downside with 18.65 & 18.15 as targets.
Comment the RSI advocates for further upside.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Thu May 25, 2017 7:40 am
Iluka Resources: supported by a rising trend line.

Pivot: 8.35
Our preference: long positions above 8.35 with targets at 9.85 & 10.15 in extension.
Alternative scenario: below 8.35 look for further downside with 7.95 & 7.57 as targets.
Comment: the RSI shows upside momentum. The stock broke above the upper boundary of Bollinger Bands, which confirmed the continuation of the bullish trend. The prices are supported by a bullish trend line. The upward momentum is further reinforced by the rising 20-day and 50-day moving averages.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon Jun 05, 2017 7:58 am

S&P-ASX 200: under pressure.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

Pivot: 5836.00
Our preference: short positions below 5836.00 with targets at 5670.00 & 5575.00 in extension.
Alternative scenario: above 5836.00 look for further upside with 5960.00 & 6040.00 as targets.
Comment: the RSI lacks upward momentum.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Tue Jun 13, 2017 7:32 am

S&P-ASX 200: the downside prevails.



Pivot: 5800.00
Our preference: short positions below 5800.00 with targets at 5575.00 & 5505.00 in extension.
Alternative scenario: above 5800.00 look for further upside with 5890.00 & 5960.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jun 16, 2017 7:00 am
BlueScope Steel: rebound expected.

Pivot: 11.10
Our preference: long positions above 11.10 with targets at 12.80 & 13.40 in extension.
Alternative scenario: below 11.10 look for further downside with 10.40 & 9.75 as targets.
Comment: the RSI broke above a declining trend line. The stock broke above the upper boundary of symmetric triangle. The 20-day moving average crossed above the 50-day one.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jun 23, 2017 9:42 am

Fortescue Metals Group: capped by a negative trend line.



Pivot: 5.15
Our preference: short positions below 5.15 with targets at 4.16 & 3.87 in extension.
Alternative scenario: above 5.15 look for further upside with 5.50 & 6.00 as targets.
Comment: the RSI lacks upward momentum. The price is capped by a negative trend line sine February. The downward momentum is further reinforced by the declining 20-day and 50-day moving averages.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

ETF Trends of the Week

on Tue Jul 04, 2017 8:23 am

  • chevron  First Trust ISE Chindia ETF
  • chevron  First Trust ISE Cloud Computing ETF


First Trust ISE Chindia ETF (FNI): supported by a rising trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

  • Pivot 34
  • Our Preference long positions above 34.00 with targets at 36.50 & 38.00 in extension.
  • Alternative Scenario below 34.00 look for further downside with 33.00 & 32.00 as targets.
  • Comment the RSI is mixed to bullish.


First Trust ISE Cloud Computing ETF (SKYY): key resistance at 41.00.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

  • Pivot 41
  • Our Preference short positions below 41.00 with targets at 37.75 & 37.00 in extension.
  • Alternative Scenario above 41.00 look for further upside with 42.00 & 43.00 as targets.
  • Comment the RSI is capped by a bearish trend line. Emergence of a bearish divergence.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jul 07, 2017 8:50 am
Westpac Banking Corp: key resistance at 31.50.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 31.50
Our preference: short positions below 31.50 with targets at 29.00 & 28.30 in extension.
Alternative scenario: above 31.50 look for further upside with 32.10 & 33.30 as targets.
Comment: the upward potential is likely to be limited by the resistance at 31.50. The stock broke below the 20-period moving average. The 50-period moving average is playing a resistance role.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Sun Jul 09, 2017 10:56 pm
S&P-ASX 200: the bias remains bullish.
07.09.2017

Pivot: 5640.00
Our preference: long positions above 5640.00 with targets at 5835.00 & 5960.00 in extension.
Alternative scenario: below 5640.00 look for further downside with 5575.00 & 5505.00 as targets.
Comment: a support base at 5640.00 has formed and has allowed for a temporary stabilisation.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Tue Jul 11, 2017 2:31 pm
First Trust ISE-Revere Natural Gas ETF (FCG): capped by a negative trend line.
Pivot 21.5
Our Preference short positions below 21.50 with targets at 18.75 & 17.00 in extension.
Alternative Scenario above 21.50 look for further upside with 22.80 & 24.15 as targets.
Comment the RSI is capped by a bearish trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

PureFunds ISE Cyber Security ETF (HACK): supported by a rising trend line.
Pivot 29.35
Our Preference long positions above 29.35 with targets at 30.70 & 31.35 in extension.
Alternative Scenario below 29.35 look for further downside with 28.35 & 27.50 as targets.
Comment the RSI is mixed to bullish. Prices are about to break above a falling wedge pattern.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jul 14, 2017 7:54 am
AMP Limited: further advance.


Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced


  • Pivot: 5.10
  • Our preference: long positions above 5.10 with targets at 5.45 & 5.65 in extension.
  • Alternative scenario: below 5.10 look for further downside with 4.90 & 4.73 as targets.
  • Comment: the RSI is bullish and calls for further advance. The price broke above the upper boundary of the falling flag. The stock is supported by a bullish trend line. The 20-day moving average crossed above the 50-day one.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jul 21, 2017 3:18 pm

Commonwealth Bank Of Australia: further advance.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

Pivot: 80.70
Our preference: long positions above 80.70 with targets at 87.70 & 90.00 in extension.
Alternative scenario: below 80.70 look for further downside with 77.60 & 75.00 as targets.
Comment: the RSI is bullish and calls for further upside. The stock recorded higher tops and higher bottoms since June. The 20-day moving average crossed above the 50-day one.

avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Tue Jul 25, 2017 11:36 am
PureFunds ISE Cyber Security ETF (HACK): supported by a rising trend line.

  • Pivot 29.35
  • Our Preference long positions above 29.35 with targets at 31.35 & 31.95 in extension.
  • Alternative Scenario below 29.35 look for further downside with 28.35 & 27.50 as targets.
  • Comment the RSI is supported by a rising trend line. Prices broke above a falling wedge pattern.


Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

AlphaClone Alternative Alpha ETF (ALFA): supported by a rising trend line.

  • Pivot 39.5
  • Our Preference long positions above 39.50 with targets at 42.25 & 43.58 in extension.
  • Alternative Scenario below 39.50 look for further downside with 38.45 & 37.60 as targets.
  • Comment the RSI is supported by a bullish trend line. The RSI broke above a symmetrical triangle pattern.


Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Jul 28, 2017 8:27 am
ANZ Banking Group: rebound expected.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced


  • Pivot: 28.30
  • Our preference: long positions above 28.30 with targets at 30.60 & 31.85 in extension.
  • Alternative scenario: below 28.30 look for further downside with 27.15 & 26.00 as targets.
  • Comment: the RSI is supported by a rising trend line. The stock recorded higher tops and higher bottoms since June. The 20-day moving average crossed above the 50-day one.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon Jul 31, 2017 10:30 pm
First Trust ISE-Revere Natural Gas ETF (FCG): capped by a negative trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced


  • Pivot 21.8
  • Our Preference short positions below 21.80 with targets at 20.05 & 19.20 in extension.
  • Alternative Scenario above 21.80 look for further upside with 22.85 & 24.05 as targets.
  • Comment the RSI is mixed to bearish.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Wed Aug 02, 2017 7:00 pm
PowerShares DWA Energy Momentum Portfolio (PXI)
16:44 GMT - 12:44 NYT - 2 Aug 2017


Capped by a declining trend line
Regarding the chart:
* Prices are ranging within a bearish channel in place since March.
* On a short-term basis, prices broke below a rising channel.

Regarding technical indicators:
* The RSI indicator broke below a bullish trend line.

Trading strategy
Short Sell @ $33.25 - Stop loss @ $35 - Target @ $31.65
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Fri Aug 04, 2017 11:13 am
Rio Tinto: further advance.


Pivot: 62.00
Our preference: long positions above 62.00 with targets at 69.70 & 72.00 in extension.
Alternative scenario: below 62.00 look for further downside with 59.90 & 56.50 as targets.
Comment: the RSI lacks downward momentum. The 50-day moving average is playing a support role. The downside potential should be limited by the key support at 62.0.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon Aug 07, 2017 7:51 am
S&P-ASX 200: bullish bias above 5640.00.



Pivot: 5640.00
Our preference: long positions above 5640.00 with targets at 5835.00 & 5960.00 in extension.
Alternative scenario: below 5640.00 look for further downside with 5575.00 & 5505.00 as targets.
Comment: a support base at 5640.00 has formed and has allowed for a temporary stabilisation.
avatar
Broj poruka : 947
Points : 2493
Date of Entry : 2014-06-26
Godina : 36
View user profilehttps://www.fxsforexsrbijaforum.com/

Re: Hot Stocks Signals

on Mon Aug 14, 2017 1:22 pm
S&P-ASX 200: the bias remains bullish.

Pivot: 5640.00
Our preference: long positions above 5640.00 with targets at 5835.00 & 5960.00 in extension.
Alternative scenario: below 5640.00 look for further downside with 5575.00 & 5505.00 as targets.
Comment: a support base at 5640.00 has formed and has allowed for a temporary stabilisation.
View previous topicBack to topView next topic
Permissions in this forum:
You cannot reply to topics in this forum