SPX500 Weekly Review
Wave Analysis
During the previous week, the SPX500 bounced off from the upper trendline, headed straight to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking at nothing but a possible momentum to the lowerside. The idea here is to keep looking for low risk sell positions expecting a possible break and close below 3692.1 and may see the price continue to the lowerside with the next ideal target set at 3333.6.
Trade Recommendations:
We're sellers towards 3333.6
Dow weekly Review
Wave Analysis
Last week, the Dow bounced off from 34195, headed straight to the lowerside and is still showing signs of continuing to the lowerside. As it is right now, we are looking for a rebound from 32656 to pick a possible long term buy position, In case the price breaks and closes below 32656, then we will be looking at a possible rally towards 30742 and may likely break and close below that level, on this chart, for now, we are waiting for a buy around 32656.
Trade Recommendations:
We're buyers towards 34195.
HSI Weekly Review
Wave Analysis
During the previous trading days, the Hongkong stock's index rallied to the upperside and is still showing signs of continuing to the upperside. As it is right now, I am looking forward to a possible continuation of the last impulsive wave (c) to the upperside and will see the price rally towards 22810 and may continue much higher. On this chart, only buy positions looks ideal and can safely be recommended.
Trade Recommendations:
We're buyers towards 22810.
en 
cn 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
