Looks like its forming a bull flag now... Can go over to 2100.Stop should be at 2084...
Even though it may be counter intuitive based on my indicator which flashed green on 2hr chart yesterday AAPL is getting ready for another round up. I am expecting an 5-10% move up from here. The last time the same indicator flashed AAPL was around 94. I am expecting this to happen some time in Tuesday or Wednesday or later this week. As always the stop should...
Based on my indicator that flashed green at 2086 I am expected at least another 10 point move from here. However as its a hourly indicator it may take until Monday to come into show up on price action.
Near the top end of a downward Trend. I would look for a reversal now.
Head and Shoulder pattern emerging on SPX500 in 1Hr chart with a well defined downward trends
Based on my own indicator it should move up in next few hrs. Normally I do not trade in currencies so this is more of a post for my own reference to analyze my indicator in future. Looking into the past performance over a period of 1 months the prices moved significantly as predicted (highlighted in the bottom green bars) 5 out of 6 times.
Based on my propitiatory indicator UVXY shows signs of a up move in 2Hr time frame. I am expecting at least a 10% in relatively short time frame (2-3 days) . Also it has been forming the peak of a falling triangle since February which should break towards the upside some time very some. Last time when this same scenario happened on Jan 29th UVXY bounced from 38...
I am expecting another up move (may not be very strong) based on my propitiatory indicator at a 2 Hr time frame.Its reasonable not to expect an down turn anytime soon at least in in next 4-6 hrs.
Clear divergence in 1Hr SPX500.. Should move down very soon
SPX500 Still moving within the channel. Could bounce up to 2089 if the channel is not broken down.