Alexander Nikolov @trendrecogn
technical analyst and trader, founder of http://t.co/cRN7nevRKL trendrecognition.com Sofia, Bulgaria Joined August 2009-
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$TWTR stks.co/h2tyt The DIRECTION of the 50 Day Moving Average- not just Twitter but ALL stocks $STUDY
I liked a @YouTube video youtu.be/jz3sAenGtH0?a Rali's Dance
I liked a @YouTube video youtu.be/SJV-0sXHyE4?a Rali introduces herself
$SPY remains the single market that is making all-time highs in dollar terms. The only other region that I like is Asia.
From the #commodity ETFs that I follow, practically every single one of them is in bear market, i.e. prices below declining 150-day MA
I liked a @YouTube video youtu.be/lUCziBjjKOE?a Mihaela Fileva - Edno Naum (official video)
gold stocks $GDX are breaking down and are underperforming gold $GLD. These are bearish signs for both gold stocks and gold itself.
commodities remain under pressure as most of the #commodity ETFs are in downtrends. And I see no signs that this is about to change.
The only markets that are still holding and are looking positive to me are India and Thailand. $PIN, $THD
Bottomline, the situation reminds of the one at the end of 2007 - early 2008. I correct, we will have a tough 2015 year for equity markets.
I have looked through all world markets ETFS. In summary, the things do not look good at all. Commodities are also down, and T-notes - up.
the only markets that are still in uptrend & are holding steady are $SPX, $PIN, $EWJ.... and that's all as far as I can see.
recent breakout in #emerging mrkts was negated. Now all regions (Europe, Asia, Latin Amerika) are in downtrends. only $SPX is still holding
with a few exceptions, the #commodity ETFs are in downtrends. The most severe declines are seen in $JJG, $SLV, $PTM.... no signs of a low..
the global stock market trends becomes neutral to negative as many individual countries ETFs are now in downtrends
as I see it almost all #commodity market ETFs are in downtrends. And there are no signs that these downtrends are close to an end.
What’s The Best Place To Open A Position? wp.me/p1wRso-74
most commodity ETFs like $SGG $JJG $UNG and $USO are in severe downtrends. I see positive charts only in $JO $NIB $DBB complex....
some European stock markets are now rallying but it seems most of them have already completed their stage III topping phases.
Asian remains the strongest stock market region right now. $AIA
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