BBRY just looks bad on weekly and daily but monthly might suggest bigger time frame and move in play here...at least for a 13.5 retracement (confirmation zone) for divergence to play out and reload...and maybe more if breaks it, my time frame is 4-5 months.
Amazing, but still some more to come based on the chart...Did you see how it came back up in the yellow trending channel, until it comes back down into the blue (long term Trending channel, this is bullish, targets are above
This does not look like a bearish continuation, i have some shorts from friday i want to close, and then go long for a top and higher high within the month. confirmation would be VIX under 15 and XIV over 31-32. XIV could be a nice trade also +25-35% into play on this move, also IWM because it has some catch up to do. Cheers!
i have been watching this one up close and made a small long today, but still confused on the way it will play out, this is just on weekly support, quite bullish for short term but candles and pattern just makes me want a lower low, i guess i will hold until gets to yellow area and re-evaluate from there but if it goes to big support i will buy big time, GL
SPY has been grinding up, bouncing of the weekly trending channel resistance, this and buy the dippers qre making a tight range with slight grind higher scenario making this last as long as it can.
- Red arrows are first session of trading week, they are triggering a sell 7 times out of 9, i think the market is testing for the bears to come out and algos to make...
Monthly pattern makes it even more significant. candle is not finish and might come back so keeping an eye on SL, Targets 1&2 and maybe deeper but hard to say from here, and hard to believe also, we'll see.
- Double doji pattern
-50% -61% fibo resistance within the 85 points yellow box of the range historically resulting into -40 to -60 points pullback
- Aiming for 350 dollars to start with under shadow of second doji + RSI crossing under 70 / probability to see more down 280 - 320 depending on next candles and capacity to hold support (significant double doji...