foxtech

foxtech

Progressive draw down, sell pressure forcing a descending channel through the last held resistance. Before the Bell, Copper down .80%, Crude WTI down 1.33% and the US 10 Year Bond Yield down 1.92% as of this publication. Rough rice commodities showing turn around following large retrace in the last 10 days, Expecting pullbacks across the market space following...

foxtech

Move slightly lower as we enter in to a 3rd phase of consolidation on the support. Targets in the 8700 support zone before another run at the 9200 resistance.

foxtech

Pressure indicating more volatility on resistance still showing bearish action, may see supports hit by end of trade tomorrow, review at close.

foxtech

Just another Idea on DOW30, signaled a small break up but not enough momentum to push through the secondary resistance. Trend down after hours, fell below my EMA on the hourly. Possible bull trap watching volume oscillation

foxtech

Hitting resistance on the hour some sell pressure

foxtech Updated 

Bearish channels continue to form, both yellow and purple are next channel zones in this time frame

foxtech Updated 

Stop loss set at 23000, engulfing resistance on the daily signaling downtrend. Rapid Break down possible passing 23000 zone if low resistance estimated levels are broken. Update and reassess following Monday close.

foxtech

Long term chart showing possible break down if all 3 updated daily zones break low. Seeing possible short term bull trap on a strong Monday open, overall Bearish. Setting stop loss at 3rd resistances indicated on updated chart.

foxtech Updated 

Update on my last DOW 30 publication following Bearish break

foxtech Updated 

Holding my predicted channel, riding my golden triangle, bullish long after breaking my set resistance. Bearish short. Chart was created using self set indicators on the hourly, daily and weekly comparative overlays. Not an expert, not trading advice, 1st published analysis.