Cryptocurrency

Bitcoin Bounce Over

November 30, 2018 Cedric Thompson CMT 0

The Setup Firstly, in my previous article, I articulated that Bitcoin (BTC) futures should have rallied towards the 4,500 price level.  However, the counter-trend rally stalled around the 4,400 price level.  Now, the overall downward […]

Cryptocurrency

Short Term Bounce in Bitcoin

November 28, 2018 Cedric Thompson CMT 0

The Setup Firstly, Bitcoin Futures (BTC) has declined 46.28% during the month of November.  Indeed, in my previous article, I articulated that BTC’s price should have declined towards the 2,580 price level.  Despite this anticipated […]

Commodities

Intra-Day Uptrend in Gold

November 21, 2018 Cedric Thompson CMT 0

The Setup Firstly, on a 1-hour timeframe, Gold found some support around the 1196-1198 price levels.  From there, it rallied 2.59%, around the 1,228.84 price level.  The positive price crossover of the 50-TMA (Triangular Moving […]

Indices

Intraday Bounce on NAS100

November 14, 2018 Cedric Thompson CMT 0

The Setup Firstly, on the 1-hour chart, the Nasdaq 100 Index (NAS100) is in a downtrend.  This is illustrated by the downward trend line from November 11th to the current trading session.  Nonetheless, there are […]

Indices

Bullish Signal on NAS100

November 7, 2018 Cedric Thompson CMT 0

The Setup Firstly, a previous article,indicated a selling opportunity on the Nasdaq 100 Index (NAS100).  This has since reversed over the last 24 hours.  However, the NAS100 remains in corrective mode.  Despite this mode, a […]

Indices

Bearish Signal on NAS100

November 6, 2018 Cedric Thompson CMT 0

The Setup The Nasdaq 100 Index (NAS100) remains in corrective mode after producing all time highs in early October.  Indeed, the index created a double top pattern around the 7,690 to 7,725 price region.  Although […]

Forex

Leg Lower on EURUSD

November 5, 2018 Cedric Thompson CMT 0

The Setup Firstly, EURUSD recently re-tested the downward trend line which originated in late September.   This re-test occurred at the 1.145 price level and resulted in the FX cross maintaining the downward trend line.  Exhibit […]

Forex

NZDUSD Channeling Higher

October 18, 2018 Cedric Thompson CMT 0

The Setup The NZDUSD FX cross, affectionately called the Kiwi, declined 4.1% from September 21st at the 0.6698 price level to October 7th at the 0.6425 price level.  Consequently, the Kiwi began an upward trend […]

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