Watch the resistance of VIX both on the Daily Chart and the Weekly Chart. 1. Daily Chart Noticed how the Chikou Span (as identified by the circled area) is providing some resistance 2. Weekly Chart Now switch to the Weekly chart, and see how the kumo is resisting its movement upwards.
This is a recap of my short position on HOG. Trade was initiated on Monday (June 8) based on last Friday’s chart (June 5) 1. Weekly Chart still shows the kumo is trending down. 2. On daily, price has fall back into the kumo on higher volume. 3. Confirming this includes other indicators – Force… Continue reading Harley-Davidson (HOG) : Short signals on HOG
My MACD readings is a bit rusty. So, take it with a pinch of salt. The following chart uses 2 indicators to determine a short entry. 1. 20 day MA 2. MACD histogram Some points to note: 1. ARE has been trading at a lower range. Look at the boxes drawn. It is still not… Continue reading Alexandria Real Estate (ARE) : Short signals (are they aligned yet?)