As you can see by the chart, I have labeled every time $AAPL has deviated from its current trend and what follows right after. This has been a consistent pattern over the last decade and I believe today is no different. Powell reaffirmed his fight for Price Stability yesterday and will continue to do so until the mission is accomplished. 50 Year High...
The Nasdaq 100 index NDX confirmed an inverted head & shoulders pattern breakout on the hourly timeframe to support a short term upward correction that may test 13,100 supply area as a minimum target within the broader downward trend. Nasdaq 100 climbed 320.53 points or 2.62 percent on Tuesday to settle at 12,564.11, just a few points off the day's high.
I'm not that big on candlestick patterns, but a Bearish Harami is essentially a failed continuation of a prior bullish session(s) or rally. SPX posted a bullish close on the 12th and the 13th, but failed to follow through with a third session on Monday. Instead you saw a choppy session where the bulls and bears tugged a bit intraday, but the SPX lost steam at...
Macro: Bearish Micro: High Bullish Potential I am more bullish than bearish currently. I would like to see a start in APPL above 148.75. I think that can take us to 162 at the top. I think if Appl breaks though, we could see others like Carvana and Bill go up 30% to their respective supports. I outline more of the specifics in the video. I hope you all are...
It has significant resistance in the specified area until the trend can be expected to change
The selling in the market seems to be increasing by the day. It looks like we could see some support at the current price, but looking back at Sept 2008 shows that we could still be in for a serious drop. IMO, so far the patterns are similar, except this year's correction is far more aggressive. I noted on the cRSI where they seemed to have a similar pattern. I...
Zone of Major Support from 12130-12380 (Buy Zone) Strong Bullish Divergence for the last 3 lows. Stop losses below this zone keep safe from liquidity grabs inducing short-sellers at major support. Strong Resistance 12780 (Alternatively if flipped should create strong support). Further Resistance 13050 easyMarkets Account on TradingView allows you to combine...
IM expecting a reaction today, or we going to find support on ema 200 IMO
Having a look at the Nasdaq and what I have been saying for the last few weeks seems to be a strong possibility at this point in time. This is still not confirmed as yet but the sell off towards the end of last week shows strong supply at the 61.8% Fib retracement level. I'm still not keen to sell into this but should wave three play out, I will be looking for buy...
NDQ Index Yearly : Big Support : 11160 Area Blue Line Is 50 EMą M in Chart Here We need more time for breathing Q3 - Q4 We are Bullish?!
Ndq index Yearly : Big support :11160 area Blue line is 50 ema m in chart Here we need more time for Breathing Q3-Q4 we are bullish
It can go up by tapping its support It is better not to enter a full position
It can fall to the specified area and then return, but do not think about buying
expecting the larger correction in wave (4) to be started, looking for wave ((iii)) in the downside to target 10140 ( wave ((iii)) = 1.618 * wave ((i))).
Anyone with two eyes can see price action is absolutely dreadful . We have seen rejection after rejection. War is still raging, FED still hasn't done anything, and the market is begging to be saved. This analysis is basically going to be a hedge against my bearish bias which I have strongly held for many months now as we have been heading into this ...
This week is going to be a far more important week than I think most anticipate. Some are assuming markets resume bullish after having previous strong bearish momentum. Things are much more complicated. The number of fundamental factors bouncing around currently is not just a narrative, they are the driving forces in the market. Currently, NDQ is risking...
Keeping it simple again. Nothing but technicals here. Honestly, any price action before Earnings is just consolidation. The next few days will be the deciding factor short term. Elon rejuvenated the market today with his breath of fresh air in a climate saturated with restrictions and rules. Elon represents freedom, something we can ALL appreciate. He...