4xForecaster

Update: Week In Review/Forecasting | #GOOG #NASDAQ #Google

NASDAQ:GOOG   Alphabet Inc (Google) Class C
140 1 1
Friends,

As described yesterday in our "Jab, Jab, Upper-Cut ... Knock-Out?" comment (see it here: ), Google             was quick to bully through our upper target following a bearish signal release on the preceding day.

However, despite a significant rally into new structure highs, our analysis has remained bearish . What we are waiting for at this point is a bearish market reversal confirmation. While there is still a possibility for Google             to revert the signal by generating a bullish signal, this has yet to be the case, despite a forceful ascension to its high target, TG-High = 1197.97.

OVERALL:
A bearish market signal was generated and remained intact despite a significant move to new heights, underscoring the predominance of unfettered bears in the face of that bullish impulse. If the market turns to favor bulls, we would indicate this change with comments pertinent to underlying technical shifts. Until then, we keep our eyes on the lower targets, one intermediate defined at TG-Int. = 1050.30 on January 29th, and one primary defined at TG-1 = 1029.20 on January 28th, 2014.

Cheers,

David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Denver, Colorado
USA


---------------------------


Follow our predictive analyses and forecasts:

- Twitter: @4xForecaster
- TradingView.com: 4xForecaster
- Facebook: http://www.4xQuad.com


Recent forecast hits:

1 - #USDollar: http://on.fb.me/19Pf77y
2 - #AUDUSD: http://on.fb.me/1kDHbdB
3 - #NGAS: http://on.fb.me/1aSMYHV
More archived here: http://bit.ly/16JMnH8


---------------------------------

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.

David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
Quick Note:Primary target defined on January 30th as TG-1 = 1197.97 just got hit dead-on (i.e.: at the tip-top of a candle's wick). Further predictive analysis and forecasting in the coming day(s).

Cheers,

David Alcindor
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out