Tuesday, February 20, 2018

Dashboard Dailies (daily closing basis)

Daily Time Frame Trading

AEX @ 528,76 (AEX Daily Chart). TTIP mode.
Bearish trend direction. Trend trade setup invalid.
Longer Term: Bullish Trend Channel.
Shorter Term: Correction not over. Low however might be in.
Support/Resistance: 516/538 and pattern bounderies.

BRENT @ 64,90 (Brent Daily Chart). TTIP mode.
Bearish trend direction. Trend trade setup invalid.
Longer Term: Bullish Ascending Triangle.
Shorter Term: Move to lower boundery triangle.
Support/Resistance: 62/70 and pattern bounderies.

GOLD @ 1.356,20 (GOLD Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Ascending Triangle.
Shorter Term: Move to upper boundery triangle. Possible double top.
Support/Resistance: 1.309/1.365 and pattern bounderies.

SOYB @ 1.021,50 (SOYB Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Ascending Triangle and Bearish Symmetrical Triangle.
Shorter Term: Possible (false) breakout Bullish Ascending Triangle.
Support/Resistance: 978/1.033 and pattern bounderies.

XEU @ 124,05 (XEU Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Trend Channel.
Shorter Term: Correction.
Support/Resistance: 122/125,30 and pattern bounderies.

TTIP mode and Trend trade setup validness is determined on a daily basis.

For Patterns and pattern bounderies look at the Monthly Charts.

For an explanation of the Trend Trade & Investment Principle, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.