Bitcoin continues to move down with the rest of crypto. $6,800 needs to hold or this could start to accelerate to $6,400 quick.
Ethereum is breaking down here with primary support around $480 and then $450.
This strong backtest of the SPY etf is showing very strong proof we could be in for a very strong summer rally. Looking VERY closely at August $290 calls. This was alerted to subscribers about a month ago! Those calls are doing VERY well!
TROV is backtesting to breakout soon. Weekly candle confirms a short term bottom is potentially in if this can close over .34 tomorrow.
The %R on the weekly candle here is showing signs that momentum is shifting down as the RSI still has room to move down. Notice the last time XBI bottomed was with the RSI, not %R. The %R has acted as a bottom over the last 2 years in this channel. However, now that the channel has broken down, the status quo has changed.
The broad markets continue show further downside possible. Target is $2510 on the SPX.
Strong bullish harami backtest on the weekly candle with positive divergence. Expecting a pop to $1.04-$1.06 by May.
BABA black sheep... this one looking like it is running out of wool. Breakdown of the hollow red candle backtest as well as a very strong downward candle on the weekly showing intense selling pressure.
The monthly candle on AAPL is looking like weakness is setting in for the next year.
BTC getting close to breaking down through falling wedge support.
GE is trading in a very tight range currently with a possible breakout of the secondary channel here with a continued move by the broad markets.
BABA recently gapped down with a hollow red doji and then today a solid green candle. If you look at the last time this happened... it looks almost identical.
AMD showing signs of strength with the broad markets Gap below is something to watch for a completion of the inverse head and shoulders setting up currently.
Gap fills above show where this could be going short term... However, this market environment is tricky.
Nice test of upside resistance. Gap fill below before eventual breakout to the upside?
IDXG is setting up for a possible big run if they can deliver on the fundamental side of things.
CTRV has been signaling positive divergences on every time frame for some time now. It is finally experiencing an uptick in volume and can possibly break out of the falling wedge it is currently in.
Everything setting up for this to break the downward resistance line and rest the .90 area before possibly filling the $1.16 gap.