CRON OS Bounce 08032019


Comments

Post a Comment

Popular posts from this blog

SPY Technical Analysis 15/10.2018

Image
SPY has gone through a tough few days over the last 1.5 weeks. Hope everyone has been able to remain safe during this time. I've been relatively safe but made afew mistakes with certain stocks which now leaves me in the red a little but nothing too serious at the moment. One thing that I have learnt over the past few months of trading is to be emotionally detached from the P&L. Big spikes are times when you cannot sell if you were caught out. Wait for the bounce, you have already survived so much pain, it doesnt hurt to hold out for the bounce now. Obviously, if u had stuck to a stop it would have been better, but this is not too bad either. SPY corrected down towards 270.36 at its bottom. On 12 Oct hrly, there is a dragonfly doji. Someone or some people capitulated which might signal the bottom of this bounce is in. The following day's continuation up kind of confirmed it for the short term. We however have to remain cautious with Long positions in this ma...
Read more

Bitcoin Trading Journal 22/7/2018

Image
Volume: 3,726,610,000 Dominance: 45.2% Checking back on BTC today. The past week i've been following the US stock markets more clearly, looking for opportunities. But today, i'm back with bitcoin to see how things are developing. After the initial bounce from the 5785 level, we have made a higher low at 6079.9 and a following higher high at 7690 region. This confirms the short term change in the trend. The next resistance level that we will need to get through will be the 7800 region which then provides a big window up to potentially 8500. For the past days, I've been waiting for a consolidation and potentially the formation of a higher low possibly at the 6800-6900 region after 5 big green days and only a small red day between another 2 green days. Daily MACD is around the 65 region which in my opinion is pretty high and shows over extension of the move up. There have been tests by the bull to break higher however each time there has been strong rejections shown ...
Read more