Friday, February 23, 2018

Dashboard Dailies (daily closing basis)

Daily Time Frame Trading

AEX @ 532,64 (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: 515,96/537,72 and pattern bounderies.

BRENT @ 66,20 (Brent Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup invalid.
Longer Term: Bullish Ascending Triangle.
Shorter Term: Move to upper boundery triangle.
Support/Resistance: 61,76/70,02 and pattern bounderies.

GOLD @ 1.332,70 (GOLD Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup invalid.
Longer Term: Bullish Ascending Triangle.
Shorter Term: Move to lower boundery triangle. Possible double top.
Support/Resistance: 1.309/1.364,40 and pattern bounderies.

SOYB @ 1.043,25 (SOYB Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Ascending Triangle and Bearish Symmetrical Triangle.
Shorter Term: Possible breakout Bullish Ascending Triangle.
Support/Resistance: 977,75/1.080 and pattern bounderies.

XEU @ 123,30 (XEU Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup invalid.
Longer Term: Bullish Trend Channel.
Shorter Term: Correction.
Support/Resistance: 122,06/125,37 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.