CHANNELS.BVB – EARLY ECONOMIC UPDATE – RESISTANCES TURN INTO SUPPORTS

SUMMARY: SIF1 DAILY Prices form a potential Head and Shoulders (H&S). A clear break is needed at 1 to confirm this negative pattern. SIF 2 DAILY Prices form a potential Head and Shoulders (H&S). A clear break is needed at 1 to confirm this negative pattern. SIF3 DAILY Prices form a potential Head and Shoulders (H&S). A clear break is needed at 0.6 to confirm this negative pattern. SIF4 60MIN The support turned into a resistance. Below 0.72 we are in negative territory. SIF5 DAILY Prices test previous resitances at 1.3 and turn lower. Any positivity can appear only above 1.3. BRD DAILY A multi month resitance was broken and now it should become support. Above 13 we remain positive. SSIF BROKER DAILY (BRK) Previous support becomes resistance. Below 0.23 we are in negative territory. ERSTE DAILY Prices retest the July 09 support. A clear break at 120 brings negativity. TLV WEEKLY Prices continue the rise, but for a shooting star candle, a sing of exhaustion. As long as the candle in not broken the scenario remains negative. TURISM FELIX WEEKLY (TUFE) Below 0.22 we are in negative teritory.
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CHANNELS.BVB is our second perspective product published on MONDAY, WEDNESDAY AND FRIDAY. The report uses conventional technical tools and focuses on stocks more than Indices. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.ROM and CHANNELS.ROM are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers just BVB stocks all mid cap and small cap.
CHANNELS.BVB on MONDAY covers the Early Economic Sector cycle including Financials and Discretionary sector stocks. REUTERS RIC – (BATR.BX, BRDX.BX, BRKU.BX, SIF1.BX, SIF2.BX, SIF3.BX, SIF4.BX, SIF5.BX, BCCA.BX, ASAG.BX, FLAA.BX, EFOR.BX, TUFE.BX, SIPA.BX, ELBU.BX, ERST.BX, IMPT.BX)

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