this is not consultation or advice. I think that the situation about covid 19 in the world has influence on the markets. Indices: Dow : Dow was first to indicate down movement few days ago. I wrote in previous post on Dow, that Wow show weakness, and breaking the blue line will bring it to meet the blue line (high probability). Well Dow go under the blue line, but the candle that we see, show that some thing stop the bearish movement. usually the price should go down to meet the red line, but in this case I think Its better to wait and see what will happen tomorrow. Nasdaq: Nsdaq stop on the blue line, if it go under the blue line, there high probability that the price will meet the red line. if the price stay above the blue line' there high probability that the price will meet the green line. S&P500: S&P500 didn't go below the blue line, the candle that we see, show that some thing stop the bearish movement. I think S&P500 go back up, and all indices will follow. Lets see what happen tomorrow. View attachment 242466 View attachment 242467 View attachment 242468
this is not consultation or advice. I think that the situation about covid 19 in the world has influence on the markets. Indices: Dow sho w weakness (red dots), its go under the blue line and set as target the red line(26,694). S&P500 go under EMA , show weakness(red dots), but stop on the blue line(3,380). if S&P500 go down under the blue line, I think its go to meet the red line at 3,226. Nasdaq go under EMA and show weakness (red dots), I think its go after Dow and S&P500.
indicators : Red : Low target, When the price and low target indicator meet, the trend should stop. Blue : halfway target, When the price and low target indicator meet, the trend should stop. And go back (reverse the trend). EMA Follow trend : Orange indicator, When the price above this line and the points on the halfway indicator are green, the trend is bullish. When the price below this line and the points on the halfway indicator are red, the trend is bearish. Green : High target, When the price and low target indicator meet, the trend should stop. you can try this system : http://trendindicator.trandindicator.net/
this is not consultation or advice. when the price meet one of the indicator, the trend is stop and new trend begin. Dow: Dow go above the EMA(orange line) and stop on halfway indicator(blue line). if Dow go above Halfway indicator, I think the next target will be the high target indicator (green line). If Dow go back below EMA, then the target will be the low target indicator(red line). S&P500: S&P500 go above the EMA(orange line) and stop on halfway indicator(blue line). if S&P500 go above Halfway indicator, I think the next target will be the high target indicator (green line). If Dow go back below EMA, then the target will be the low target indicator(red line). nasdaq: nasdaq stop on halfway indicator(blue line). if nasdaq go above Halfway indicator, and above EMA, I think the next target will be the high target indicator (green line). as long as nasdaq below EMA, the target will be the low target indicator(red line).
this is not consultation or advice. when the price meet one of the indicator, the trend is stop and new trend begin. Dow: Dow go above the EMA(orange line) and above halfway indicator(blue line). The target is high target indicator(green line). The green dots on the halfway indicator are another sign for bullish trend. As long as the price above the EMA, the trend stay bullish. S&P500: S&P500 meet the high target indicator (green line). Now it can go down to meet the EMA (orange line), or continue go up and the EMA come closer to the price. The green dots on the halfway indicator are another sign for bullish trend. as long as nasdaq above EMA, the trend stay bullish. nasdaq: nasdaq meet the high target indicator (green line). Now it can go down to meet the EMA (orange line), or continue go up and the EMA come closer to the price. The green dots on the halfway indicator are another sign for bullish trend. as long as nasdaq above EMA, the trend stay bullish.
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). Dow, S&P500 and Nasdaq met the High target indicator (green line). from here new trend should start. The last red candle show weakness of bullish trend. As long as the price (of each index) is above the EMA (orange line), the trend is bullish. When the price go below EMA, the first target price will be the Halfway indicator(blue line).
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). Dow, S&P500 and Nasdaq met the High target indicator (green line), and can not break it and create new high point, sign for weakness. As long as the price (of each index) is above the EMA (orange line), the trend is bullish. When the price go below EMA, the first target price will be the Halfway indicator(blue line).