crushedurchin

crushedurchin

There is a clear correction taking place throughout the market. FB is no different. On the daily chart MACD is in a sale and momentum is down. As well, the Heikin-Ashi candles are showing a clear downward trend. It appears that FB may be at a level of support. IF it pushes through this level of support look to short. Otherwise, it may come back up near the 20 SMA....

crushedurchin

DIA is on the move, and it doesn't look like it'll be turning around just yet. The Heikin-Ashi candles show a clear upward trend. If that wasn't enough, MACD is now crossing into a long signal, and momentum is on the rise. Time to go long with DIA.

crushedurchin

BABA Heikin-Ashi forming a clear trend downward. It is below all EMAs showing strength. MACD in a sell signal and Momentum below 0 and headed down. All signs point to BABA headed south.

crushedurchin

AAPL appears to be in a downtrend. It has been going down since the 29th and the moving averages are getting ready to cross. The Heikin-Ashi candles are showing a strong down trend. Time to short if you haven't already.