Price currently showing a bearish momentum making the lower low and higher low .. I’m looking for the price $1970 as a support .
I’m expecting price might test my resistance level at $5070
Price still showing a positive momentum towards the upside ..
Price currently been trading in phase D WYCKOFF distribution phase . Support 1 $1.33000 Support 2 $1.27000
SPX being trading at all time high with divergence on MACD overbought on RSI . I’m expecting a pullback near future .
Price moving towards upper resistance channel with bearish divergence..
Price seem to be at early stage of potential accumulation.. Expecting price might testing support (testing supply) again from this current level. lets watch for support Between 84.216 and 92.646 will its hold..
Price current been trading on retest after breakout of pattern.. Lets watch for level between 0.6091 and 0.6111 to be broken for the price to be able move higher.
Price currently been trading in phase B after selling climax completed in phase A. Phase B construction of the cause either "Accumulation or Re-distrubition." In this phase B we might see the UA (Uptrust Action) and UT (Upthrust) is the temporary breakout of the resistance and re-entry into the range. this is a tets at the high generated by the AR (Automatic...
Price currently been trading on phase C with spring an test. Lets watch for SOS bar move in phase D.
Price currently been trading at last point of support in phase D . after been completed spring and test in phase c.. Lets watch for SOS bars in this phase D.
Price currently been trading in potential phase C.. With price touched bottom shortening of Thrust line indicate that rebound potentially might happen.. Potential V reversal towards the CREEK .. Im bullish from this current level.
Price currently been trading at potential phase C with SOS bar testing the creek. im expecting a pullback as last point of support (lps) before change of change of character. Also im expecting another shakeout. im bullish for nest week !!
Setup using indicator @luxAlgo parallel pivot line and dragon from @StockSwinger
Setup using indicator @luxAlgo parallel pivot line and dragon from @StockSwinger
My personal scalping method using indicator from STOCK DOT GENIE.
My personal early entry on oil .. -Long after showing the SOS. -Long at pullback after break of the creek.