Micron Technology seems at the beginning of a possible long term uptrend. Buying the pullback seems a good idea.
Gopro seems inside an expanding channel, with a little bullish divergence for a possible leg up. I'm expecting a breakout of this channel to the downside.
AMD is breaking a monthly trendline and it could be an uptrend continuation on daily. Bullish divergence for a possible new leg up.
Verizon is in a corrective phase, i'm expecting more upside when this correction is completed.
Yahoo has broken a corrective structure on daily, so i'm expecting more upside before a possible big drop. I'm looking for a strong breakout of this uptrend.
United States Oil Fund seems in a downtrend continuation. Shorting the pullback seems a good idea. A strong breakout on the black downward trendline could change the trend direction.
Looking for the completion of this leg up for shorting opportunities. If you want to go long wait for a strong breakout to the upside on the black downward trendline. Bullish divergence on daily.
If you are looking for shorting opportunities on FTSE MIB sell the breakout. If the price breaks the black downward trendline with a strong impulse to the upside this setup is over. Bullish divergence on daily, more upside is possible.
If you are looking for shorting opportunities on Netflix a possible breakout of this structure seems ready.
Apple is moving upward on 4h but i'm expecting one more leg down before the breakout of the red downward trendline.
Euro stoxx 50 is in the last leg up of a corrective structure, so i'm expecting a new strong leg down to the monthly lower trendline. Bullish divergence for the ABC correction.
Bovespa has completed a complex 5 wave structure to the downside and seems ready to break the montly correction. I'm expecting the completion of an ABC pattern to the upside to break the last trendline of that stucture. Bullish divergence on weekly. Look at the comment to see a snapshot for the monthly general structure.
Nifty 50 is still in uptrend from 2003 and trying to count the waves it seems a 5 wave uptrend. The peak of wave 3 is 1,61 fib extension of wave 2. Wave 5 could be in a range between 1,27 and 1,61 extension of wave 4 (round number 10000).
After the top around 51$ oil is making lower highs and lower lows. The first red impulse and the purple ABC correction show a possible change in the trend with the breakout of the long term rising trendline. Now we are in the middle of a corrective structure and i'm expecting the completion of the red ABC pattern.
Copper seems in the middle of a corrective structure after an impulsive wave to the upside. I'im expecting the red ABC correction before a new impulsive wave to the upside.
After the nearest top around 785 level BTC seems in the middle of a corrective structure. I'm looking for an ABC correction pointing to the long term rising trendline, 1,27 fib extension of the first impulsive wave (A). If the price goes above the (B) point it means that the correction is over and a new strong leg up is possible.
We are in a corrective phase on the second impulse to the upside. A this point there is the possibility for a 5 wave structure after the breakout of the black downward trendline (look for a possible bullish divergence for the final 5th wave). A second scenario is the breakout of the blue rising trendline (target as shown from the red arrow).
GBP seems to be in a key point for a strong upside after the red ABC downside completion. The downward green trendline is broken and there is a bullish divergence on weekly. So i'm looking for the blue arrow. Lets see if the red arrow is reached in case of Brexit.