Did the Fed just flip to hawkish to sink the market? Is the Santa Rally canceled?
What's the TradingView community sentiment?
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Where do you guys think the market will be at by year-end? Comment below.
Adventure #1: SPY ≥500
Adventure #2: SPY ≤400
Adventure #3: Moon
Adventure #4: Gutter
If we get a closure below the 450 which we almost...
Much like Zillow, PTON continues to follow similar price action over the past year and just fell through a key support level at $50. It made a H&S pattern longer term earlier this year which will take this stock down to $20 if it were to fully resolve. Next key level of support is $35, then to $20 thereafter. Should be able to take advantage of some strong bounce...
This stock continues its downtrend. It looked like it would've found some support at $60-65 level, but it formed a bear flag and has since closed below this level. I suspect the trend will continue to resolve the H&S pattern made earlier this year as I mentioned in a previous analysis made back in September. We may be down to $45 earlier than expected.
Looking at the H&S pattern formed earlier this year, it does not appear to have fully resolved as of yet. There was another pulse to the upside recently, but the trend continues to demonstrate lower highs and lower lows. Cannot count on a single bullish daily candle on a strong downward sloping trend to turn bullish until receiving confirmation. The current pulse...
