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ADX

Will Gold resume its Bull run?The decade of bull run from ~$260 in 2001 to $1920 in 2011 (6X) on back of safe haven buying and an investment asset class ended with revival in major global indices and on track economies. The 5 years of slow and steady pain from 2011 to 2016 where gold lost 45% of its glittering from its peak might come to an end. We might witness the resumption in the bullish trend on the back of technical setups. The rationale are: * Morning Star - bullish reversal candlestick pattern * Falling channel support * 38.20% Fibonacci retracement of $260 to $1920 * 2/1 Gann fan line * 141% Fibonacci time cycle of 2001-2011 ends at January 2016 * -DI sloping southwards suggesting bears are tiring The above view would hold till gold doesn't breach $1000 and expect the move towards $1450-1600.
COMEX:GC1!Long
by bbrijesh
Bearish Double Top on NetflixUnfortunately for NFLX on the fundamentals side, they were ousted from Indonesia, which was a prime target for their international expansion endeavors, due to a failure to fulfill their censorship standards. Unfortunately for them, this simply adds to the list of bearish technical indicators despite 'buy' ratings from numerous sources. First, note the bearish Aroon and ADX indicators indicate a solid down trajectory. Also note that the MACD has been bearish for some time now, since before the new year (2016) in fact. Note further the strong selling pressure via the OBV. The optimal time to enter a short position? Wait for a short covering rally sometime in the next week following the massive dive from today, similar to what we saw in oil earlier this week. It will look head for the Ichimoku cloud bound from above, but most likely turn sharply after a Heikin Ashi doji candle when the market ranges for a day or so.
NASDAQ:NFLXShort
by quantguy
Bearish Head and Shoulders and a Gloomy Outlook for AAPLWhen Apple was using the Power PC line of processors in their computers, I was extremely skeptical of them. Their operating systems prior to OS X were abysmal. They crashed all the time, and the availability of software for anything I wanted to do was scant. Then they started rolling out Intel processors, and updated OS, and a slew of performance upgrades and I was sold. But, as the attached article mentions, the hegemony of AAPL is slipping. From the dreadful abomination that is iTunes, to less intuitive interfaces, to slipping iPhone sales, they are slowly and surely losing ground in the markets. The most obvious support for this statement technically is the bearish head and shoulders pattern apparent here. Next, we see a clear rejection from the important technical and psychological level of $120, and an exodus from the Ichimoku cloud. The MACD is solidly in negative territory, and the Aroon indicator together with the ADX confirms a lot of bearish momentum. The RSI indicator shows AAPL is oversold slightly, and the selling pressure evinced by the OBV seems disparate to the bearish price action, so we may anticipate a small rally soon, but this should be interpreted as a good time to enter a short trade, at around the $104-105 level. The doji candle at present seems to confirm a turnaround, or at least a pause from the recent landslide.
NASDAQ:AAPLShort
by quantguy
Christmas and new year's eveThis ADX seems to be heading to a third wave that will be stronger than the other previous two. There may be some retracing in between with a short opportunity between now and christmas. I believe we will keep on an old support and won't go below 400. Then Santa's rally will come and keep up till 2016, then.... who knows, hopefully some sideways calm period, perfect for your january vacations. Once the trend on the ADX establishes, it rarely reverses in the middle. Would like to hear your comments.
OKCOIN:BTCUSDLong
by purpurato59
1
ADX Trading System Overview! Link To Video!ADX System Overview So I Came Across Another Trading System for Only $997. However, if you purchased in the next 24hours the whole system could be Yours For Only $497. So I decided to Code it. This is only Version 1, and I discuss in the Video What I’ve found so for, some plans for Version 2 of the indicator, and I ask for your feedback on anything you find. Indicators used in System: CM_DI_Plus_Minus_V1 (Indicator On Bottom). CM_ADX_V1 (Indicator On 2nd Pane). CM_Gann_Swing_Hi_Lo (Indicator on Price Pane). This Indicator was published before…Link Below. Link In Related Ideas Below CM_DI_Plus_Minus_V1 Link In Related Ideas Below CM_ADX_V1 Link In Related Ideas Below In Video I go over settings and how to customize charts. Link To Video: vimeopro.com Link To Downloadable PDF Shown in Video: d.pr
by ChrisMoody
44
BTC/USD Final Destination Upper-Mid $200's (Perhaps Lower)This weekly chart is what I'm using to maintain my short position. Obviously the shorter term signals like the 1D or less are more valuable for spotting reversals, but I'm using this chart to confirm my belief that my 1D signals are all saying this down trend is far from over. In fact it might just be building steam. The weekly MACD has not crossed the 0 line with building momentum in all the MT.GOX data that I can find. This is a serious sell signal (as people are finding out they need to be careful with margin long positions now). With the timing of the ADX turning up to signal a new bear trend starting I'm quite honestly not ruling out that this move might find itself well below $200. However I do not want to get greedy thinking BTC will go to $50, so I'm using the 78% retracement of the entire bull run as a starting target and it seems to line up somewhat close to the most likely candidate for a trend line of the previous bull run (puts us in the upper-mid $200's area). The weekly RSI will have a long way to go to find itself in oversold territory. Notice also that the previous all time high of $1163 shows pretty clear divergence on the RSI as well as ADX (helps to conclude $1163 was the top for now). Finally volume is starting to pick up suggesting this is the new trend. Be careful that a lot of people might think $350 area is bottom. I'm thinking there's a chance it might bounce hard there and planning accordingly.
BITSTAMP:BTCUSDShort
by bwy
10