The DXY and the 30 Year Yield have been on the decline for most of the day but are now showing signs of reversing back up at the PCZ of a Bullish Bat and a Bullish Shark in the form of MACD Bullish Divergence and PPO Confirmation, respectively.
When these two start to rise again it is very likely that the QQQ start to continue down as it is trading at the PCZ of...
Costco has formed a Bearish Butterfly that lines up with the 0.786 retrace and is testing the zone for the second time with PPO Bearish Confirmation Arrows on both tests, PPO Bearish Divergence, and MACD Hidden Bearish Divergence. This looks like it could be setting up to revisit the lower half of the range.
We have 4 Hour Hidden MACD Bearish Divergence at the PCZ of a Bearish Bat and i think Doge could probably target the bottom of the range at $0.075 from here.
DexCom appears to be in a Diamond Pattern while showing big MACD Hidden Bearish Divergence on the Weekly Timeframe that could later lead to a Confirmed ABCD/Gartley BAMM Harmonic breakdown upon the breaking the B point which from there likely could take it down to the Pattern Completion Zone of $30.64.
I will be playing this via the currently slightly OTM: FEB...
This is a continuation trade to a previous Bearish BAMM Range Breakdown trade. BBY has a Bearish Shark with MACD Hidden Bearish Divergence visible in the area of a Potential Right Shoulder of a Head and Shoulders Pattern that could take us down to around $40-$30 if real.
The US Dollar Currency Index is showing a Potential 3 Falling Peaks Pattern on the 4 hour and is showing signs of Hidden Bearish Divergence on the MACD; If it breaks below the Previous Low represented by the orange horizontal line on the chart and doesn't make a higher high then it's target will be the .886 retrace below between the areas of 95 and 94.
