4xForecaster

Update: Jab, Jab, Upper Cut ... Knock Out? | #GOOG #NASDAQ

NASDAQ:GOOG   Alphabet Inc (Google) Class C
260 0 2
Friends,

The lisp with which we speak at this hour is really no big deal. Following our less-than elogious "Neutral-to-Bearish" opinion yesterday, the word got around at recess, so GOOG             took us out back after school hours to give us a word or two. Indeed, two complimentary jabs (landed square on our 1149.70 target) and an upper-cut knocked us off our socks, way surpassing our technical landmarks. Again, no big deal, as we remain bearish .

Indeed, we stand still at this post-market hour to report that our "Neutral-to-Bearish" analysis has not changed a bit. Furthermore, our support produced a cautionary high-target, TG-High = 1197.97. At the risk of appearing to chase a top, we thought we out to put the icepack down, sit by the window and let the rumor circulate that we remain in the same neutral position plus a bruise on the lip.

As always, our legal advisor, Bob Lobb Law, is kind to remind you that this is all for educational purposes, so "do the due" diligence and seek professional licensed advice from experts in the financial industry, a broken-off branch of the government with far reaching historical roots that go back to 2008.


OVERALL:
Further analysis will ensue as our indicator either confirms a bearish market reversal or infirms the current "Neutral" status. In any case, Directional biath remainth bearisth.

Cheers,


David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting


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Disclaimer from Bob Lobb Law:
All of our analyses are for educational purpose only. The forecasts, analyses and opinions generated herein are not trading recommendations. Want to trade? Then, do your own due diligence first, seek professional advice from a licensed professional and enter the market at your own perils - 4xQuad, LLC.
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