When everybody talk about to buy it's time to sell, last week Golman Sach, Merrill Lynch, Morgan Stanley and many others has said that we had see the botton. So, from my point of view its clair. It's time to look for short opportunities, between alls one of the weakest is the IBEX 35, benchmark index of the spanish market.With a potencial gain around 14% on short termes and 45% in the long termes. A close below 6.600 is the first signal to get short about a Stop above 7.230 points. Today we have the first clue in the intraday chart, we wait the confirmation with a close below 6.600 point to get short in the market. Take care and good week in the markets!!!
Hi trader, Today we have the OPEC's meeting so be careful on the market. It's important remember that we are in a bearish market and it can go down at anytime. OPEC MEETING Good Bye and Good Trading.
Hi everyone, Today the markets looks bearish, so is a good day to see a reversal on the market. CL. Yesterday the Crude Oil reversal at 49,50 and the price reached 47,45 now the price is moving out the bearish channel. If the price goes above 48,00 we can see a new highs today. If not, the support is 47,00-46,50. I don't expect a close belows this level. TF: Bearish market too, and the chart shows us a relevant support at 1090, If the price lost the yellow line we can expect new lows. If we see the price out the bearish channel and a close above 1100 we will see new highs for today. YM: The price is sideways the support is set at 17400 and the resistence 17500. I a large range but should wait until the price goes above or below. Right now the price is moving in the bearish channel but the main movement is sideways and we should wait a breakout. NQ: Another sideways market, despite the market is moving inside the bearish channel. If we see a cl...
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