Choppy action overnight in #Bitcoin but the good news is support zone still being held. Would like to see a push over the DTL for more bullish action.
#EURUSD still near channel low and below recent drop zone for now...
Reviewing SP:SPX and more! EDUCATIONAL PURPOSES ONLY, NOT INVESTMENT ADVICE!
Not to be Buzz Killington, but price is about at our projected wave ii level, so we will continue to monitor how it holds here. More bullish price action of course could lead it to ATHs, but we may not be out of the woods yet.
#Etherium also found the support zone an area for a bounce, so we will see if it can continue to work for a DTL test...
After the recent selloff, our support zone is holding for now.
Lackluster price action so far but not showing signs of strength as of yet, no major attempts to test recent resistance, but it is holding the channel low for now.
We will review SP:SPX and more! EDUCATIONAL PURPOSES ONLY! NOT INVESTMENT ADVICE!
The $SPX is also making higher highs and higher lows on the daily candlesticks. This can be seen as bullish as long as the gap remains defended and higher highs and higher lows are generated.
Nice recovery on $SPX so far with a move off the macro UTL... #Elliottwave count working well.
Not the most exciting sector, but it has been known to move. Worth watching at these levels.
Any more downside momentum could see a drop to the next support zone. Otherwise, if we see the inside day reclaimed, it could indicate a reversal.
EUR/USD getting tight below prior resistance but still in the channel.
On the shorter time frames, price did push below creating a rift in the UTL, and this forms a #trendbox, so below recent lows with volume (on $SPY $ES_F ) can be the first signs of at least a short-term trend shift, but for now, we will continue to track the volatility and how it plays into intraday fluctuations.
Reviewing Sectors & Chatter names! EDUCATIONAL PURPOSES ONLY! NOT INVESTMENT ADVICE!
Just going to start doing one inside week that we can track. $PTON this week! Very tight range at a support zone on the weekly!
#Wink #Winkarmy holding the channel for now, and could be a 1-2-1-2...
#Bitcoin with a huge weekly zone below. If it loses this lower shadow on the weekly this would be the next potential area of support...