ivandsouza75

ivandsouza75

Still moving in the channel and this is how you trade until it breaks down or up.

ivandsouza75

Final destiny to the buying level for this year 2019. Level watching is 7274 ( personally i have a buy order at 7300). While this is not the perfect support level, the major one is at 7022. It would be really disastrous if it breached this level and closed below it. Still riding the sell signal which is close to turning into a buy signal. Not a good price to short...

ivandsouza75

Apple seems to be on the roll. Still barely under the main channel could see a breakout to 245 or even 250, expected time frame would be right before their Earnings or after.

ivandsouza75

Clearly it is following the channel but today and tomorrow if it closes below this channel, we could see it intensify. First level to watch is the 283 and the next is 272, indicated by the dark horizontal lines. 290 was called a few days back and now we have it locked, only to see where it could bounce back from.

ivandsouza75

Still following the same channel, hasn't broken down too bad. The solid lines represent a strong support and resistance levels and could bounce of those. Before I guess the bottom let's see the upside or the resistance levels at 9356 and 9849. First support is at 7516 a small dip could be possible to 7262 or even 7019 . Next is the levels I see on the Fib circles...

ivandsouza75

The bottom seems to be at 290 for this down cycle. It is not the trend that has changed uptrend still intact.

ivandsouza75

Just as expected today it flashed a sell signal confirming the down trend. First level to watch is 9356, if that don't hold we may see 7500 or even 7300.

ivandsouza75 Updated 

So far running the top line with a couple of times trying to pierce below. A fake breakout is in store but will eventually go down to probably 8288 or even lower to 7300. This should be the final final opportunity to buy it this low.

ivandsouza75

Trying to gauge where the top for the SPY in the current cycle would be. Past indicators have shown at these levels to be the reversal. Expecting it to top out on Tuesday or Wednesday to a high of 279 or the max reversal price point of 282.