Gold will likely test record highs if support can hold from the rounding bottom breakout.
TSLA breaks to the upside with a gap higher at the 50% retracement of the recent swing high and low during the Coronavirus pandemic
The amount of stocks in the SPX above their 200 day moving average is around 5% We are at 2009 levels.
Intraday Head and Shoulder top on the SPY 15 min chart. Look for more downward pressure.
The S&P 500 is trending down towards its 200-day moving average. Look for a test before getting long. Be Patient !!
Good time to take profits as the S&P 500 has struggled to break past 75% resistance on the % of stocks in the index trading above their 200 day moving average.
Looks like the market is heading lower after US ISM Manufacturing PMI declined to 47.8 missing the 50 estimate for September compared to 49.1 in August, marking a 10 year low.
Disney breaks above a symmetrical triangle pattern on a weekly chart. Uptrend back in play.
SBUX breaks above the 200 day MA for a decent R/R trade to the upside
SPY getting into overbought territory?
This could be one of the greatest buying opportunities in a long time.
The number of stocks above their 20-Day moving average has hit 77% which is also a major resistance area. Do we get some selling pressure from here or break out?
Nasdaq index QQQ enters a buy zone after todays decline. Prices are on trendline support.
2795 area remains key support in the $SPX. Uptrend still in play as we test the lower end of the bullsh channel.
Breakout to the upside from a Falling wedge.