Three different support lines meet at this price point for Southwest. A horizontal Channel, a down sloping channel, and a falling wedge. This seems very bullish, and a trend reversal might be imminent.
If all goes well, this should get to $39-40 in a matter of weeks, and after a little consolidation might continue towards the horizontal channel resistance at...
Paypal is now testing the bottom of its channel. I also see a weekly divergence on the MACD and the RSI.
It should soon head towards a price target of about $70, and after a little consolidation, it might test $90.
Given the divergence on this stock, if a trend reversal is confirmed this stock could try to reclaim its main price channel and get to about $130 in...
DXY's chart shows a possible top. It might. First downward target is about 95, before the big Collapse.
It might tank to 95 before a small bounce, and then could really breakdown to 80, and even 60 is possible.
The Markets could be wiped out like the 2008 recession once the dollar starts breaking 80.
