Description in the chart. In the correlation, long $USDMXN short $USDJPY
Short the market as this security stays in uptrend and see if HOD and then 59.84 are reached.
$AAPL just experienced a professional gap to the south, keep that trend and redraw at 116.25; objective 114.86.
This Etf has overcome nicely Lows of the Days, first resistance 23.4, if 23, time redraw. Objective 23.4
The explanation is in the chart.
Clearly there's a lack of professionalism in this gap; hence, long towards 64, at the time of this writing the first goal was achieved, which is to fill the gap in full. Long $UXVY short the market $SPY $SPX as long as 46.75 is respected, which happens to be the apex (climax) of the action.
In five minute chart there's a construction of a bottom, for risk takers, buy 12.7 towards 13.48, just under the over head supply with a redraw of pattern at 12.60; for safer traders, wait until above 12.82 redrawing at 12.60 and the same objective. $LOCO
In this chart a bottom is regarded at around 1.093; three factors were the idea behind, 1, the break of a simple downward line with consecutive retest but lack of piercing; 2, downward force diminished, every upturn had fewer and fewer downward pressure, it means bears lost steam, hence the chart starts to look far from the bottom and mostly traded in the upper...
The way a candle is built makes the full difference; Indeed, a bearish candle starred a new trend. The way to do it, pay attention far from just pointing candles, if something doesn't let you see this is because you are stuck in some idea; pay attention to the idea because it seems to be more important for you at that time.
Long $UVXY, from now until 26.95, redraw at 25.29; in $SPY act the inverse.
Right moment for entry, stop just 2076, objective the pivot highs of yesterday.
For now, the C corrective wave has finished. It is time to observe the strength of the bulls (or short covering).
Most traders have already profit from recent movements and some others from prior movements; for those who are not in a philosophical mode in their lives, it would be interesting to have some holidays. By any mean, there is been an increasing weakness in this market. Keep it mind.