Sapphira

Sapphira

Price has reached the top of the long term channel and has also closed a gap, visible on the weekly chart, from August 1990.

Sapphira

Potential retest of long term trend line.

Sapphira

As expected, price has risen and is approaching the monthly pivot. I am watching for either a drop from here, or a break through the channel to test the pivot and, unless there is positive news, a drop from there.

Sapphira

Price tested the monthly pivot, as anticipated, and was rejected. Unless there is significantly positive news I expect price to fall from here.

Sapphira

I am just beginning to learn about Elliot Waves, so please forgive me if this is wrong. I am watching for a potential test of support at 12 045 and either a bounce to retest the high within the bear flag, and then a drop, or a break of support at 12 045 and short continuation within my (hopefully correct) wave pattern to test the lower long term trend line around...

Sapphira

Price has pulled back to fill the gap and I am watching for a drop to test the lower trend line at 12 045. On the weekly chart, price has retraced past the .618 level in this bear flag and I anticipate either a bounce from the 12 045 level to retest the high around 12 650 and then a drop, or a break down through the channel at the 12 045 support to continue the...

Sapphira

Price in a nice channel. Am watching for a retest of the 100% retracement level at 104.65.

Sapphira

Price is approaching the monthly pivot. I am watching for a possible test and drop back to support within the structure.

Sapphira

Price has hit the 1.618 extension and is just below the monthly pivot. Am watching for a test of the pivot with eyes open to a possible drop at any point between these two levels.

Sapphira

Retesting resistance. Let's see which way it goes.

Sapphira

Am looking for a short to at least back test the sloping trend line. If price breaks back down below the sloping trend line then I will be watching for the levels marked.

Sapphira

Price has encountered significant resistance just above the .618 retracement level. I am watching for a continuation short to test the low. An AB=CD move would take price down to 20 175.

Sapphira

Price was rejected by resistance just above the .618 retracement level. I am watching for a potential short continuation to test the low and potentially the daily support just beneath that level. An AB=CD move would take price down to 2132.

Sapphira

Price has repeatedly bounced off support at 24 972 and has continued up in an orderly fashion. Price may drop from here but there is a long term sloping trend line just above. Given how close it is, I'm watching to see if price pops through the current channel, or moves up within it, to test this trend line at around the 25 430 level. The SPX500 is slowly...

Sapphira

Given current structure and divergence, I am looking for at a potential drop to the .236 retracement level.

Sapphira

Price has pierced the sloping trend line and resistance at the .618 retracement level. I am watching for a possible test of further resistance before a possible drop.

Sapphira

Price is continuing to grind north. Am still looking for a test of previous the high, with a potential pop through the channel, to short from 25,050 level.

Sapphira

Close to resistance on the weekly. Looking for a pop through the channel and potential reversal.