<p>Tom DeMark TD Sequential Trading Methodology </p> <p> </p> <p> </p> <p> </p> <p>The sequential methodology of Tom DeMark or TD Sequential is a well-known indicator among traders that operate based on the techniques of this author, which has become known in
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(24 April 2020)DAILY MARKET BRIEF 2:Do we have almost forgotten the US-China trade war
<p>On the earnings side, American Airlines earnings are due today before the opening bell and the latest EPS estimate points at -2.26, like Delta Airlines which has posted its first loss in 9 years earlier this week. Now it is not said that the headline figures will shoot the stock price down. The ultra-low oil […]
(24 April 2020)DAILY MARKET BRIEF 1:WTI crude recovered
<p>The US stock markets closed Thursday’s session flat, while Gilead shares tumbled past 4% after the company’s Covid-19 drug remdesivir gave poor clinical results in a Chinese trial according to the Financial Times report based on accidentally released draft documents by the World Health Organization.</p> <p>New cases in Europe s
(24 April 2020)Crude Oil (WTI) Look for 20.20.
<p>Pivot</p> <p> (invalidation): 15.80 </p> <p>Our preference</p> <p>Long positions above 15.80 with targets at 19.20 & 20.20 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)Silver spot ($) Bullish bias above 15.1000.
<p>Pivot</p> <p> (invalidation): 15.1000 </p> <p>Our preference</p> <p>Long positions above 15.1000 with targets at 15.3200 & 15.4400 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)Gold spot ($) Bullish bias above 1718.00.
<p>Pivot</p> <p> (invalidation): 1718.00 </p> <p>Our preference</p> <p>Long positions above 1718.00 with targets at 1731.00 & 1739.00 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)USD/CAD Key resistance at 1.4095.
<p>Pivot</p> <p> (invalidation): 1.4095 </p> <p>Our preference</p> <p>Short positions below 1.4095 with targets at 1.4040 & 1.3995 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)S&P 500 Turning down.
<p>Pivot</p> <p> (invalidation): 2845.00 </p> <p>Our preference</p> <p>Short positions below 2845.00 with targets at 2776.00 & 2726.25 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)DAX Key resistance at 10680.00.
<p>Pivot</p> <p> (invalidation): 10680.00 </p> <p>Our preference</p> <p>Short positions below 10680.00 with targets at 10320.00 & 10200.00 in extension.</p> <p>Alternative scenario</p>
(24 April 2020)USD/TRY Further upside.
<p>Pivot</p> <p> (invalidation): 6.9370 </p> <p>Our preference</p> <p>Long positions above 6.9370 with targets at 7.0000 & 7.0150 in extension.</p> <p>Alternative scenario</p>