545.00 in play on this very nice measured Move. Looks Spring Loaded.
Monthly Chart with Standard Bollinger Bands 20, 2.0 vs. 10. Price contained much better within the Bands.
Market requires strong Financials. Weekly.
Continues to demonstrate Relative Strength vs. Mkt.
XLY vs. SPY - Go with Relative Strength.
Daily "Road Map" to consider.
Approaching a key Fib Level to be aware of. Has re-acted here before. This is when you want to tighten up STOPS
If in doubt, throw some Fibs on the Chart. Approaching a 50% retrace, price structure to the left Good chance of bounce soon.
Indicators for the Monthly Chart. Careful here.
Squeeze setting up nicely & ready to confirm to downside.
Another attempt to bring down 547.41. After that "huge rally"...WTF. Bears have the ball.
Upper Band Extremes & Squeezes continue to work out well. Until they don't.
Pre-Mature here. Double Left Shoulder -H&S. If neck line happens to break (Red Line). Lookout!
Band/Channel continue to constrict/ MACD has gone negative. TL break. ST Bearish.
Setting up for a "Squeeze" needs to be followed/monitered. Market Leader.
Just a little jog in the park. Bounce soon! Good luck with that.
I know this is just a "correction". I also know Stage 4 sucks. Trader Chart
Continues as nice market Tell. Weak Bearish Trend. Needs to hold bottom of Kumo.