theAlgorhythm

theAlgorhythm

Ready for a Santa Clause rally? What do you think?

theAlgorhythm

waiting for confirmation

theAlgorhythm

what do you think?

theAlgorhythm

breaking 1 hr trend, Kiss of death and then

theAlgorhythm

What do you think?

theAlgorhythm

Are we in the 4th impulsive wave? The pullback to 335 coincides with 38.2% of wave 3. What do you think? manage your risk.

theAlgorhythm

$SPY channel has not been broken, we had a nice bounce from the lower bound. Expecting more sell if it closes below, the weekly RSI looks overbought and making longs riskier, but the overbought can remind overbought longer than anyone expects, Just a warning for risk management.

theAlgorhythm

With a small pullback at 9.5 and 8.5, What do you think?

theAlgorhythm

3400 test? Indicators are overbought and we just completed a 5 wave Impulse patter.

theAlgorhythm

If it does not hold the next stop is around 7.10, the chart looks bullish

theAlgorhythm

Possible Head and Shoulders, No sign of reversal at this point.

theAlgorhythm

If the stock does not go parabolic, 7.50, and 7.10 should be a good support for turn around Tuesday. It should hit 10 sometime this week

theAlgorhythm

What do you think?

theAlgorhythm

6.78 acted as strong support today. Even after hours. Indicators look oversold but no signs of reversal.

theAlgorhythm

possible silver head and shoulders

theAlgorhythm

Possible bear rally if there is a continuation.

theAlgorhythm

Megaphone pattern do you agree?

theAlgorhythm

CAUTION this is 15 min, so things may change; We still have to pass resistance if we don't we may consolidate, but in many cases when they can't pass resistance during the open market day they gap overnight keep that in mind. * Making higher lows * Bouncing from resistance * Recapturing EMA * MDA looks bullish * RSI looks bullish