In this part I have looked at the nasdaq, S&P 500, UK, EURO & GermanDAX. nasdaq is showing distribution signs after a parabolic move to all time highs. This is a clear sign of a sharp reversal in the coming weeks. S&P is seeming like a false breakout and/ or short squeeze on a very conveniently timed vaccine news. Euro, UK & GDAX are at very critical supply...
Leaning Bullish. More bearish under ~12.25
Don't like the move yet off the bottom. Leaning Bearish
Not much has changed. bearish short term
Leaning slightly bearish with 11.75 target for a bullish reversal. Bullish longterm over 10.72
Waiting for one direction or the other. Expecting another low right now. Still bullish based on move off 10.72
Got the drop I was expecting but move up doesn't look great. Leaning bearish
Leaning bearish right now. Expecting reversal relatively soon ~12.5 to 12.8
Continues bullish move. Target ~16 for 3rd wave. Wave 2 bottom could be in now. Get more bearish under ~13
American Airlines overshot target by $0.25 with a weird spike move. Counting that as a top. Correction looks to be over soon or over now. Leaning towards a bottom around ~12.50 but this move off of the .618 extension has promise.
Expecting top ~13.75 for this move. Could be in at 13.30
Looking to see a reversal soon if bullish. close to my target for wave C right now
Expecting bottom in an A soon with a bump up and more correction to come. Impulse up off recent bottom looks nice
My count invalidated ~12.3. I give two scenarios I see. I'm leaning to a bearish outlook at this point.
AAL barely hanging above wave 1 impulse. still bullish at this point
AAL leaning towards bottom being in. Waiting for a 5 wave impulse and correction to confirm.
AAL had a nice spike. Looks to me to be a corrective move and looking for another low in this correction.