SP-500I started trading in 2013 and I followed the American indices, SP-500, DOW-30, NASDAQ - 100 (they look about the same) .European indices DAX-30, IBEX-35, FTSE-100. And each of them shows the economic situation of the country .
I love Economics, but what I've seen over the years – it was a bubble blowing, a cycle. Now there are a lot of offers to invest in shares of companies, my vision, you need to run from the market! The whole market is overbought, and if everyone is already talking about stocks as the best investment at the moment, be careful. These are shouts from which you need to be protected and to keep a cool head.
I have a training schedule explaining the speed of information dissemination.
In addition to this, I know that one of the most important theories in the financial markets is the Elliott wave theory, which I showed on the chart. If the schedule really comes true, we will see a new financial crisis over the next 3-5 years.
The largest banks JPMorgan, Goldman Sachs, Fidelity and financial institutions are already preparing platforms, platforms in order to integrate even more into the digital economy with digital money in the form of cryptocurrencies.
ALSO DAX-30
Ftse100
Party's Over in Merry Old EnglandThe English stock market is tracing out a Super Cycle Strong B Wave IV flat since the top in 2000. Notice the length of the correction is greater than for other countries that have been in existence for a shorter period of time.
Looks like the upwards correction has run out of waves and the final C Wave down has started.
FTSE 100 LONGS SHORT TERM LONG As we have seen of recent the indices have had what Donald Trump is calling a 'correction'. As a technical trader this looks likely to continue to the downside but we must ask ourselves where the high probability trade is from. So looking at key resistance levels will be key, seeing that the 50% Fib is sitting at the resistance zone of around 7250.0 looks promising for trend traders. So, if we expect price to go short from here we could look at price going long short term to that level. Looking at the 4hr timeframe we can see the market changing cycles here giving us a potential opportunity if it can re-test the previous structure highs at 7055.0.
FTSE MIB - POTENTIAL BOUNCE FOR ONE MORE WAVE DOWNFTSE MIB has broken the main uptrend on daily chart. Bullish divergence for a potential bounce, but i'm expecting one more wave down.
Ocado Bouncing Off SupportLast post: June 15th. See chart .
Review: Price was pulling back after being in a nice uptrend.
Update: Price is stuck inside the consolidation zone and currently at the support area.
Conclusion: We need to see a breakout of this consolidation zone before looking at any trading opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
FTSE UK Stock Index (18 Sept 2018) This will be my views of FTSE UK Stock Index (18 Sept 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
TVC:UKX: FTSE100 Bull FlagFTSE100 seems to have completed the corrective structure WXY. We are now looking for a reversal, move to the upside. It is also possible that it is still correcting and there may be another corrective pattern for further downside, though unlikely given the strength of the previous move to the upside.
FTSE Elliott Wave Analysis: Started Another Extension LowerHello Traders,
FTSE short-term Elliott Wave view suggests that the rally to 7790.17 high ended blue wave (X) bounce. Down from there, blue wave (Y) remains in progress with instrument showing a lower low sequence. The internals of that leg lower is taking place as double correction lower due to overlapping price action happening from 7790.17 high thus suggesting that the decline is unfolding in 3 waves corrective sequence.
Down from 7790.17 high, the initial move to 7477.05 low ended red wave W of (Y). The internals of that lesser degree decline unfolded as a Zigzag structure where black wave ((a)) ended in 5 waves at 7614.48 low. Then the bounce to 7665.24 high ended black wave ((b)) bounce. And decline to 7477.05 low ended black wave ((c)) of W in another 5 waves structure.
Up from there, the bounce higher to 7639.13 high ended red wave X of (Y). The internals of that bounce unfolded as double three structure where black wave ((w)) ended at 7616.15 high. Black wave ((x)) ended at 7531.24 low and black wave ((y)) of red X ended at 7639.13 high.
Down from there, the index has made a new low confirming that red wave Y of (Y) has started and looking for extension lower towards 7323.99-7250.04, which is 100%-123.6% Fibonacci extension area of red W-X. Near-term, while bounces stay below 7639.13 high expect index to extend lower. We don’t like selling it.
Bears in control of the FTSE so longs are off the table.The Bears took control of the FTSE today. I'm a little perturbed of the exact driver but it seems to be a combination of Sterling strength after positive noises from the Brexit negotiating table and negative Trade War rhetoric. Either way this is not a place to buy and hold. We are likely to see decent bounces to the upside on the way down and I will take some intraday opportunities as I did today, but we are likely to first see 7500 and then a possibility of 7350 being visited. None of this is particularly concerning at this stage. Global growth is fairly resilient and the markets have been crying out for a genuine Throwback from upside moves.
FTSE Looks in dangerous teritory but what's the catalyst?Anyone following me will know how much I love to trade the FTSE 100 and just like all experienced trades I have a directional bias. My bias is long, I find trades to the upside much easier to spot and manage. Knowing this about myself helps give me an edge. It doesn't mean I am unable to spot a shorting opportunity however and the FTSE is looking more and more like a chart that is ready to sell. I see the 7630 area as integral to the FTSE's upside potential. I am happy that I took my profit last week and can now wait for the 7630 area to be taken or see if 7577 will give out and leave the Bears in control.
If the Price Action does fail and the Bears step in, I will be looking for that move lower to create new buying opportunities. The big question is always about drivers. What will be the catalyst for a FTSE 100 sell of. More trade wars? North Korea? Russia? Turkey contagion or maybe even Greece with it's hangover from the Financial crisis again falling into problems. Today I wait, but beware down below. It certainly looks like technically, a storm is coming.
Updated: FTSE UK Stock Index Aug 2018 (Bullish)This will be my views of FTSE Index (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Great Price, Great trade. Profit taken!!It doesn't always work out with such preciseness from any projection, but I am really pleased that the FTSE 100 has played out to perfection. This is my take profit area and even though there may well be a little bit more room to the upside, we are in a minor down trend and I'd like to see that take another dip before I buy and Hold. Seller will likely come in to the market tomorrow. Incase they don't however, I will be on the sidelines watching it play out.
Buy the FTSE but only for a day or twoLooking for longs in the FTSE has been my mission for quite sometime. I am always really comfortable as the Market sells off, as I have the knowledge to let me know a new Buying opportunity exists. This now however is not the case on the FTSE. Price has blasted through levels it needed to hold to promote another climb to lofty heights. Now all we have is a small window of opportunity to buy but not hold. I will target the same trendline but rather than looking for it to hold I will look for this to be the end of the run. We need to keep in mind that any longs can only be initiated with buy signals. As for the level.... I like the price!
FTSE Still selling, but it's not time to be onboardThe FTSE 100 is still flushing out the over confidence of the Bull run. There's no doubt about it, The FTSE 100 has seen some amazing gains so far this year. Negative global aspects are playing out here now though and now issues in Turkey are taking centre stage. As with the North Korean situation and the trade wars, I am seeing this as a buying opportunity. The Market still has some way to fall, but anywhere in the areas I have marked will be a zone I will be looking for for Buy signals and another opportunity to go long. For now though, lets sit tight and let the market sell off
FTSE 100 Trading Between ZonesWith note of the economics, for a while the FTSE 100 trading has mostly been contained to between the two zones, an area of support holding buyers at around the 7600.00 price, while the area around the 7800.00 has been keeping the FTSE 100 in check and acting as resistance stopping further upward movement.
The large amount of sellers at around the 7800.00 will need to be weakened if the FTSE 100 is going to reach the 8000.00 price mark.