The SPY index is going to show what kind of trend we will be in, respecting the Gann Fan 1/1 thus far the down trend will meet the possible reversal point. The chart contains stats to show overall market growth, noting there is room for a market correction. I believe it will not fall anymore than 2% off the high testing the first support for approval.
I think BABA is going to have a pullback similar to the past patterns it has shown, by combining the averages and trend crossovers i have decided i will be short on BABA until the stock shows signs of reversal backed by technical ana. The chart is a little crowded but again was based on crossovers and averages.
I believe after looking and researching the ETHUSD chart that a price drop is imminent. I believe patterns shows a significant sign for price analysis, I try to line the most amount of technical pointers to come to my conclusions and only when they line up i'm settled to take my risk.