AUD and NZD pairs show recurring, high probability levels on weekly charts, and have a lot of significance because of duration and number of hits.
DXY bulls are happy as long as the index stays above this prominent 2-year support. Bears however have their signal. It is now a matter of time while the index does it's usual zig zag before the inevitable happens. The signal for DXY to go lower in 2018 is already in place.
Busting 3 myths about automated trading: 1) that automated trading is not emotional 2) that it is set and forget 3) that automated trading is too technical.
Besides Energy, Consumer Staples and Real Estate are next worst stock sectors. This is what they are printing. Keep an eye in case they could be your early bear indicator. XLP and XLRE charts.
4 moving average overlay on weekly chart shows DXY on downtrend over 3-6 months. Going long is a contrarian move that has to fight many resistance levels.
End of Q3 2017 (quarterly) and end of September (monthly) performance of Straits Times Index Constituents. This quarter we see Jardine Strategic replace SIA Engineering w.e.f. 18 Sep.
Support and resistance works because of market participants' actions and expectations. Charts, chart features like support and resistance are windows into market participants' mass psychology. Case study.