Notice the candlestick of yesterday its very bad candlestick :) which is confirming bearish trend of AAPL targets below may will take some time or it will drop slowly but its not clear where it will go down i suggest the support above 172 to 182 which means falling by around 15%-20% of top and its also means market will have sharp correction too.
As indicated earlier DJI is in bearish trend targeting area above 24000 during summer time and may be falling target reached to 22000 but early to confirm .
$SPX weekly chart is more clear vision for the coming trend RSI showing weakness and can not raise to 2018 top levels which reflect how is market strength .. Also Slow stochastic reversed from same points for last 3 peaks which indicate 4-6 weeks of down trend . the bearish pattern will be completed if closed below 2789 for at least 3 days then targets will be...
Overbought and extreme status will be reached by next 2 trading days and expected to start short selling from area between 97-98 to targeting the new support above 64-74 and could be extended to close the gap at 53 or 58
Strong reversal for all indicators also candlesticks pattern showing good bullish pattern targeting fibo resistances as showing but main key is 1.16 then final goal at 1.22
Indicators trends broken RSI-MFI Stochastic. 1st stop station at 25 then 23.2-22.8 . if its broken with high volume then may be the target is main support above 18 .. If market bounce then 27 - 28- -30
$NVDA Bounce from the low 144.91- Closed 147.32 Targeting Broken trend at 153.9 then Resistance Fibo at 156.32 Goal is 165 Support at 141.8
As we can see $QQQ broke down RSI trend and Money flow index MFI . but we can see positive divergence with Stochastic, bounce with RSI & MFI which mean may there is a bounce from current area 182-183 up to 187 . 187 Will be considered as stop-loss for short positions and confirming area for long positions which can be reached by tomorrow 16/5-17/5 after that i...
Clear uptrend confirmed by all indicators RSI-MFI-Stochastic . nearest goal is unique number 6666 then area at 7400 which the previous top before massive fall down
Uptrend with goals as highlighted but final goal is around 0.50000-0.40000 ..
Volume for this week was much higher than previous weeks and this confirm the down trend but for now candlestick pattern showing bounce from 282 and targeting 291-292 then may be fall down to next down goal between 274-271. the bounce will be to confirm broken trend lines which started at Dec. then continue the down trend up to summer time ..
Its overbought and over recommended by analysis staff all over the world but i think its time to sell as we can see all indicators showing strong signs of reversal move and strong pullback bearish pattern. goals with down trend will be at 1880 then 1620 which can be the ultimate support for long positions and new entry for new investors after confirming this support.
As it shows head and shoulders pattern to be confirmed after closing below 37.9 with target area of support between 34-32.5 RSI broken Dec-Uptrend Also MFI index showing some investors sold some quantity and broke down the trend . stochastic with sharp down trend which means more volatility . MU shares will be highly affected by US-China news which impact its...
Overbought and shall be falling with correction to the area of 270-280 during May 2019
Second Shoulder forming pattern . down trend for 2 months at least . indicators over bought . Target with down trend are Yellow boxes ..
After reaching targeted goal at 6200 now its time to short and selling bitcoin targeting 50% of the current uptrend . which in area of 5000 but if broken it will fall hardly to 3000s
Bearish Pattern showing high probability of bearish market and selling season . Perhaps we are in MAY so Sell and run away but if this pattern is perfect we can see 1.62 Fibo which is around 2578 or extended to 2346 (interested which means dropped by 500-600 points )
RSI analysis showing clear weakness and strong resistance with RSI down trend started a year ago its keep making lower high which indicate market weakness for coming weeks. As explained before , overbought status for all indicators . the best opportunity to short positions and selling SPY when make new high during following days between 295-300 then can collect...