Yup. Looks Like Someone is hanky panky again, Failed Head and Shoulder Again?
NASDAQ Straight Channel M Resistance 11850 M Mid Channel 8091 M Support 6457 Strong D Resistance Line Weak D Support Line Bouncing off M 50 MA D MA broken several times W MA broken several times D MACD Bearish Crossover Potential Double Top on D & W 3 White Soldiers and Bullish Engulfing Candlestick Pattern on Monthly Chart.
DJI Straight Channel M Support 23058 M Mid Channel 26428 M Resistance 28638 Upper Channel Has been broken before several times on daily charts. Red Resistance Line Looking Very Strong. Green Support Line Looking Very Weak. D 50 MA is strong Support Broken on 18 Sep after H&S M 50 MA is broken on 02 Mar 2020 before bouncing back. D MACD Bearish Crossover M...
Channelling between the D 50MA & Straight Channel M Support 12426 ( Broken on D 23rd Sep 2020) M Resistance 13350 (Broken on W 13 Jan 2020 before crash) D MACD Bearish Crossover W MACD Looking Bearish M MACD Bullish Crossover H&S Formed which ultimately broke the support line on 23rd Sep 2020 Resistance Line Looking Stronger Than Support Line. D Double Top...
S&P 500. Red Line Resistance Line is currently looking much stronger than Green line Support Line. S&P 500 is now channeling between the Daily 50MA And a Channel with Lower Support of M 3226 Upper Resistance of M 3543 D MACD has a bearish crossover W MACD is indicating bearish crossover M MA 50 has been broken on Apr 20 before bouncing higher. Double top on...
S&P 500 is currently in a channel with 3543.92 as Resistance an 3226.14 as support Multiple Bearish Sign including : There is a Double Top on Daily and Weekly A Failed H&S on Daily Chart MACD is bearish on Daily Chart . Daily 20 MA looks Bearish Daily, Weekly 50 MA has been broken before S&P 500 will test the W 3408 Resistance level soon. If it breaks through,...
60 would be great buy point Not advice to buy or sell
S&P 500 is currently in a channel with 3543.92 as Resistance an 3226.14 as support Multiple Bearish Sign including : There is a Double Top on Daily and Weekly A Failed H&S on Daily Chart MACD is bearish on Daily Chart. Daily 20 MA looks Bearish Daily, Weekly 50 MA has been broken before S&P 500 will test the W 3408 Resistance level soon. If it breaks...
Gold has been on a run since Sep 2018. A correction is due. There is major support on the Weekly 50 MA. It has also broke through the Daily 50 MA which acts as the resistance. 1774 will be a major support as evidence in the monthly, weekly and daily chart. I am expecting it to hold and to be an excellent buy point to go in after the correction is finished. As...