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It looks like the market is changing to the downside again. Looking for a short trade setup now. Let´s wait for more price action to develop.

The long trade did not work, stop was triggered. Looking for a new trade setup.

Lets see if this trade works out...

Buyers found at 2780-2799 level. Buying deeps inside the move up.

Price found support at 2783 and resistance at 2824, waiting for more price action to decide how to play it. Any ideas are welcome.

Thanks for your opinion. I am also looking at price behavior. Let´s wait.

Wise words, thank you.

OK, lets try to play this together. The signal for a short trade never happened. Now, Scenario 1: I will wait for a weak pullback near 2800 level to see how price behaves around that level to enter a long trade. Scenario 2: If pullback is strong after this move upwards I will wait for a price...

Thanks for your opinion, all information is greatly appreciated.

Looks like the low is holding as you said. Nice call, let´s see what happens.

U-N-C-E-R-T-A-I-N-T-Y On September 30th, Wealth Research Group commenced on a 3-part series, which continued on October 2nd and October 4th, detailing the reasons that gold and silver are FINALLY indicating signs of a bottom. Gold's price at the time was $1,183, which we see as an important...

Looking for a short entry around 2796 and 2775 if market lets it happen. What do you think ?. Morgan Stanley: The stock sell-off is going to get worse. The stock market sell-off is only going to get worse, predicts Morgan Stanley's chief U.S. equity strategist, Mike Wilson. In a note to...

Dow tumbles over 500 points, bringing 2-day losses to more than 1,300 points. Stocks fell sharply on Thursday in a second straight scary day on Wall Street as investors dumped equities around the globe because of fears of rapidly rising interest rates, a possible global economic slowdown and...

What sparked the fall? Nervousness had been building for days on Wall Street. The catalyst was the recent spike in the yield on a closely watched government bond to a seven-year high. The 10-year Treasury note – whose key rate impacts the pricing on things ranging from fixed-rate mortgages to...

Stock market sell-off could signal turning point for bull market, as Dow plunges again. In a span of six treacherous days on Wall Street, the mood of the stock market has turned from giddy optimism to gloomy pessimism. Pinpointing major shifts in markets is an inexact science. But some Wall...

Should we expect more selling if price gets to 2800 level ?. What do you think ?.

Will this stop ?

The Wall Street bull got bloodied and battered Wednesday as the stock market suffered its biggest sell-off since February. Investors bailed out of the market as fears about the economic fallout caused by rising interest rates and the U.S. trade conflict with China spooked them. Technology...

A bloodbath today.