r1k3r

r1k3r

Nasdaq should grow from here. - Triple Bottom (see purple drawings) - Long term vertical support (blue line) - Short term horizontal support (green line) - TLT made a breakout downwards (usually inversely correlated with indices) - Fibonacci 50% hit - Bullish divergence on RSI (we had a lower low on the candle, but RSI was higher compared to lower candle...

r1k3r

Hello altogether! HelloFresh seems to be moving in a triangle recently. We will follow the breakout move - up or down. We moreover think it will go up. But until we get a confirmation breakout we will stay neutral and alert. The next move can be big again :)

r1k3r

Hello altogether! Fresenius looks ready to go up. - We roughly tested the previous long-term descending trendline (care!: maybe this was not the test we want to see and we will come back and really test it!) - The short-term descending trendline is broken - Our fibo level held nicely We are entering here... looking for a move up to the 54-62 region (see upper...

r1k3r

Hello altogether! What does it look like if we dive upwards? Let us check on silver to find out... We are on a nice support (see blue lines). But note that we can pull back all the way to 23.50 (green line). However, both points seem like a nice entry point. Once we crossed the vertical resistance (orange line) we are in danger-free zone and silver should start...

r1k3r

Hello altogether! Silver is at a pretty interesting decision point today. We break the orange line AND do a nice retest and it looks like a nice setup for a push into at least the 24 area. BUT if we get rejected and we break through the last candle, a new low could be incoming and that could be very far away... Be neutral right now - watch and attack at the...

r1k3r

Hello altogether! It is time to have a look at SPX. Since the recent breakdown and weakness in SPX, I am expecting a last nice move up. I reckon the last move will take us into the 4900 area. Afterwards, only god knows what will happen :) So far we are holding the vertical support line and already broke out the vertical resistance and are staying above. 4309 -...

r1k3r

Hello altogether! Honeywell is looking pretty nice at the moment. Could be a good entry point around 214-220. As usual: check for a confirmation that this is actually our support. If you can see it, grab it :)

r1k3r

I do not think that I need to say too much to this chart and Gold in general. Let's pull out the big guns if this support holds and we see confirmation. This can go to 1900 easily.

r1k3r

NATGAS was on a very strong run so far. The long lasting channel and support (white lines) is still being held - hence we are not expecting a big bearish move on NATGAS yet. But the short-medium term support has broken (orange line). On top: RSI and MACD show some bearish divergence. We are making new highs, but the RSI and MACD is not convinced (no new...

r1k3r

I reckon it is time to grow for silver. As the DXY starts to show some weakness and the economical data looking not very bright (check my idea on EURUSD), it is also time to grow for silver. Very similar setup to our EURUSD watch... just: silver has already broken the horizontal resistance. Will the vertical be the next one to break? As usual: wait for...

r1k3r

Hello altogether, After making some $ on the last trade of EURUSD, I think we are ready for the next move. Check the chart above: either we will make a move back down into the vertical resistance and bounce up or we will immediately break the vertical resistance. Both moves are possible. I am neglecting the downside move, since I do not anticipate this happening...

r1k3r

Hello altogether! I wanted to share my BTCUSD chart with you. We recently made a big move - above the vertical resistance that kept Bitcoin in bearish looking territory. Now that we were able to break this resistance, Bitcoin looks very healthy again. The next big hurdle is the horizontal resistance at approx. 48.000 USD. If that breaks, I am expecting a move...

r1k3r Updated 

Hello! This is the first idea I am sharing, so please be patient with me :) Some improvement ideas are always welcome. For the couple last days, we have seen EURUSD under quite some pressure. We are now getting into an interesting entry point. Whilst we are making lower lows (but not much lower), the RSI is rising: bullish divergence. On top, we are on a strong...

r1k3r Updated 

Hello altogether, Today we want to look at the Nasdaq index. Fundamentally we are in a bit of uncertainty: - Delta variant of Covid is spreading strongly - Markets seem to be pushed a bit too high - Fed is already talking about tapering, since the economical data releases are looking quite healthy for a while Above can give the USD a push higher and could put...

r1k3r Updated 

Hello altogether! Today I wanted to have a look at Tesla, after the share had a bigger setback of about 5% yesterday. In my opinion, this gives a nice entry opportunity again, as the share still looks very healthy and we are approaching a major vertical support line. If that line holds, I will put another long on Tesla - still waiting for the share price to...