arodatos

arodatos

On July 7 I commented on Twitter that the light crude was breaking a side structure with a technical projection around $ 41.80. Currently the price has been playing around the area of $ 42.25, a major structural zone that corresponds to the maximum of March. In this sense, I think the price could rebound in that area to reach the top of the bearish channel in...

arodatos

The index loses relative strength whareas the prices is giving bearish divergences in price and momentum oscillators (MACD and RSI )

arodatos

The price moves strongly towards 1.4400 area and goes back to the 1.4300, support level that breaks out and pullback again to that level. We consider this an opportunity to join the medium term downtrend

arodatos

The price close to an area that has shown resistance from Jun14 . Multiple bearish divergences (MACD and RSI ) are seen in time frames 1 and 4 hours.

arodatos

Recent scandals regarding the iCloud's security allowed the price to correct to key support area . At this point , we consider this correction an opportunity to follow to the main trend.

arodatos

The price begins to stabilize at the level of the minimum area between 93.14 and 92.22. Behavior that allows price oscillators triggered buy signals in highly oversold levels are accompanied by a surge in trading volume. In this context we decided to give an opportunity for establishing a long position to stop weekly close below 92.22. An upgrade to the daily...