December 2016

Another narrow range bar, this time an inside bar, printed throughout the passing week, at the target area (2248) of the bullish Quarterly pinbar on sloping 8 EMA mentioned in the previous reviews, as well as the 138.2% extension to the last major bearish wave since April 2015. All the last 7 Daily bars are Read More

A narrow range bar was printed throughout the passing week, at the target area (2248) of the bullish Quarterly pinbar on sloping 8 EMA mentioned in the previous reviews. Currently, the reaction is very weak. But don’t let that Doji type Weekly bar misleading you. It penetrated the Weekly upper Bollinger and close above it. Besides, Read More

One of the most bullish weeks lately has passed. When the Monthly High was taken out on last Tuesday, there wasn’t any other choice but to look upwards, and the first target at 2248 that has already been achieved was of the same magnitude as the Low of the week and the High of the previous Read More

The Month of November ended up as a Monthly bullish pinbar on a sloping 8 EMA, very strong and bullish picture, but in order for this pattern to trigger, a new Monthly High should be made. The Weekly status is less enthusiastic. The previous week didn’t manage to touch not to mention penetrate the upper Read More