TSLA trying to break out above resistance Stop Loss is not ideal but the reward over 15-20% gains
LLY appears to have support holding. And a minor resistance trend line breakout. See chart for target and stop loss
On the 1H chart, BTC is showing overbought on the Wave Trend Oscillator created by LazyBear The Directional Movement Index is showing Bears in control. I'm not shorting here. I'm just waiting for better long entry point. Happy hunting!
BDX just broke out of a resistance trend line. Expect bullish continuation. See chart for take profit and stop loss. Use trend lines to make stop loss and conservative trail stop
Bullish momentum appear to be testing resistance trend line. Good long entry point. Or conservatively wait and set a trend line alert on the resistance line. If crossover then buy.
NOK showing bullish sentiment on the fast DMI indicators. Expecting breakout from symmetric wedge pattern Use trend line alert to make stop loss calculations
It's a key decision point for BTC. Bulls need to act immediately for a breakout from the wedge formation. Otherwise this could drop back down to support around 57250 and risk a potential breakdown. The Directional Movement Index is showing the bears in control of the market at the moment.
The NAS100USD is bouncing around in a bull pennant formation. Will the bulls continue on to retest ATH around 13900? Excellent long entry point because there is minimal risk because of tight stop loss. Let's see if the Bulls will make push today when New York volume starts.
BTCUSD is at a crossroad on the 4 hour chart with the Directional Movement Index Indicator. With the bears about to be on top. I'm neutral here because I don't know if the bull market is over yet. So take this for what it is. Hope it helps you
Gold sitting at support level on the Daily. See chart for target zone. Break out nearing. LazyBear's Wave Trend Oscillator showing oversold with plenty of room for bullish growth.
The Nasdaq 100 is sitting in a decending wedge formation. If it wants to breakout it needs to do so immediately. Otherwise it could flash crash down to a potential trend support line shown on chart. The Directional Movement Index is showing bearish sentiment. Doesn't mean the bears will win here. It just means that I'm out of the stock market till either the...
Ethereum in a symmetric wedge pattern. Possible 10% scalp in play as price bounces within the wedge. Use trend lines for take profit and stop loss
Bitcoin could be at a bottom here
See chart for setup. And as always... Your stock indicies are your friends. Follow them to help you assess the true sentiment of the market If they sell off then this voids the chart setup. The best to follow are: US30 SPX500USD NAS100USD
APPL potential bullish push setting up. Remember to keep track of the stock indicies to help you gauge the health of the stock market. US30 SPX500USD NAS100USD They fall in value then it will void this setup
SPCE could be heating up here. Just remember to watch the indicies NAS100USD and the SPX500USD are your friends They help steer stocks.
Waiting for a potential Long entry. Waiting for the DMI to make a crossover.