2023

DAX is now testing the 1D MA50 (blue trend-line) having rebounded at the bottom of its long-term (since the October 03 Low) Channel Up and the 1D MA100 (green trend-line). With the 1D RSI coming out of its Accumulation Zone, as in the previous two Lows (late September and late December 2022), we expect this

This is basically to last week’s buy signal at the bottom: As you see Dow Jones (DJI) made a new Lower Low (bottom) on the 4-month Channel Down and broke above the 4H MA50 (blue trend-line) again. The move is supported by a Higher Lows Zone (as is the RSI), similar to the previous Channel

The S&P500 index (SPX) is on a 1 week rebound following the March 13 Low which was made on Support Zone 2 and is so far on the bottom of the 5-month Channel Up. All candles have closed inside this pattern and as you see so far every bearish and bullish wave follows similar structure

The S&P500 index (SPX) is on a 1 week rebound following the March 13 Low which was made on Support Zone 2 and is so far on the bottom of the 5-month Channel Up. All candles have closed inside this pattern and as you see so far every bearish and bullish wave follows similar structure

Nasdaq (NDX) rebounded yet another week on the Bear Cycle Lower Highs trend-line and has recovered all the losses of the previous three. On top of that, this is the 7th straight 1W candle close above the 1D MA200 (orange trend-line), which as you see on this 1W chart, it was been the Resistance during

Dow Jones (DJI) is trading sideways for the 4th straight 1D candle on the bottom (Lower Lows trend-line) of the long-term Channel Down. As the 1D RSI touched the 30.00 oversold level and rebounded, similar to the September 27 bottom, while the 1D MA50 (blue trend-line) crossed below the 1D MA100 (green trend-line) to form