Weekly Charts September 1st, 2019
USDIndex,Weekly
EURUSD,Weekly
S&P500,Weekly
USOIL,Weekly
GOLDUSD,Weekly
USDIndex,Weekly
EURUSD,Weekly
S&P500,Weekly
USOIL,Weekly
GOLDUSD,Weekly
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- #1,181
- Sep 1, 2019 8:49am Sep 1, 2019 8:49am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,182
- Sep 1, 2019 8:50am Sep 1, 2019 8:50am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,183
- Sep 1, 2019 8:51am Sep 1, 2019 8:51am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,184
- Sep 2, 2019 4:36pm Sep 2, 2019 4:36pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,185
- Sep 5, 2019 9:12am Sep 5, 2019 9:12am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,186
- Sep 7, 2019 6:23pm Sep 7, 2019 6:23pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,187
- Sep 7, 2019 6:24pm Sep 7, 2019 6:24pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,188
- Sep 7, 2019 6:24pm Sep 7, 2019 6:24pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,189
- Sep 7, 2019 6:25pm Sep 7, 2019 6:25pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,190
- Sep 7, 2019 6:25pm Sep 7, 2019 6:25pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,191
- Sep 9, 2019 11:15am Sep 9, 2019 11:15am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,192
- Sep 10, 2019 11:25pm Sep 10, 2019 11:25pm
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #1,193
- Sep 11, 2019 2:05am Sep 11, 2019 2:05am
- Joined Apr 2007 | Status: Trader | 1,016 Posts
SandP Weekly... if this holds look out below. {image}
Hindsight observations:
First, the most recent high had decent potential as a "Hunt for C" pivot because of the observed resonances:
Black fork (just like your weekly orange PF) has intra-fork ML resonance at the blue box. Not super strong by itself, but also draw the red fork. At the moment the black and red forks formed the C pivot, their slopes were virtually identical. (The red and black UML's overlap nearly perfectly).
I think these were good indications of a strong pullback, at least, which we've already had. Price hit and exceeded the red ML, but held above the black+0.5 (half-line above the ML). (That was an obvious target it held shy of, which one could interpret as a sign of further strength to rise).
Will these forks hold? Based on the above resonances, I *might* have been tempted to short at the black/red UML, but... it didn't hold so far. It has now risen and exceeded the black/red UML's and may (??) continue higher to a new high.
If it does find a new high, then possible future/projected lines of resistance:
The blue fork has better intra-fork ML resonance at the 3 blue boxes if price rises and meets (anywhere) the blue UML.
The orange fork, repositioned as it is, could indicate some rising channel lines. Not sure if these will come into play.
For my own different reasons, I have ~3202-3206 as a possible high target, whenever it occurs.
- #1,194
- Sep 14, 2019 10:45pm Sep 14, 2019 10:45pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,195
- Sep 14, 2019 10:46pm Sep 14, 2019 10:46pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,196
- Sep 18, 2019 7:08am Sep 18, 2019 7:08am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,197
- Sep 21, 2019 9:21am Sep 21, 2019 9:21am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,198
- Sep 21, 2019 9:22am Sep 21, 2019 9:22am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,199
- Sep 21, 2019 9:26am Sep 21, 2019 9:26am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
- #1,200
- Oct 5, 2019 1:45pm Oct 5, 2019 1:45pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
