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The S&P ended on another strong week with a bullish hammer, continuing its reversal from the 200 week MA. My previous analysis anticipated this so it's positive to see some strength come back into the stock market. This comes as no surprise as we were very oversold on the daily RSI dipping below 20, which is similar to what we saw towards the end of October 2018....

I have been a long term bull for the S&P, but I admit that I was overly optimistic in the market leading up to the latest decline. In hindsight it is clearer to see we were pretty overbought and the RSI shows massive divergence. As a result we have had a nearly 20% drop from ATH's as investors panic sold their positions. The question is, have we reached...

Gonna be watching Netflix very closely over the next week to see what direction it wants to go. Since the start of 2018 this thing has over doubled and we look pretty over extended. This latest run from the lows of 311 could easily be a bull trap. I'm expecting a pullback in the Indices to start this week, or possibly next week. With that in mind, Netflix could...

I'm calling short on this one. US economy is strong, the Dollar will likely continue to rise in value. Various geopolitical reasons are weakening Europe. We've had a decent rally over the past few days, which I think will be short lived. Rejected hard off the upper Bollinger band, and hit a green 9 on the sequential indicator. The bulls must retain support above...

I remain very bullish for the NASDAQ100, and expect to see continuation to the upside for the remainder of the year (or at least until next earnings season). However, we are currently on green weekly 9 which usually leads to a 1-4 candle correction. You can see that we have reached the upper Bollinger band, and the last time we did this on a weekly 9 was in June...

You can see Netflix has made a pretty strong bounce off its recent low of 311. This was expected as the RSI was pretty oversold, and the NASDAQ has been performing well over the past couple of days. The best scenario for the bulls is to push past 357.18 to make a higher high on the daily time-frame. But I'm not sure if it has enough steam left to do this right...

Activision rebounded off the trendline and roughly the 200 day MA. This is as good of a signal you can get to go long in this game. Risk to Reward is very decent considering we could make it back up to ATH's. That's a 14% gain compared to a 3% loss if we fall through the trend. EA is in a similar position which I charted. However, the rebound is looking stronger...

This 2 year trend has rebounded the price 4 times previously, so by probability it could happen again. We're touching the 200 day MA which is one of my favorite points to buy if the stock is in a strong up trend. The gaming industry is only going to get stronger imo, there's always huge demand for it. Activation stock price is currently in a similar situation, so...

One way see the price of the Financial Sector performing over the next few weeks. A breakout out could easily jump to 29.79 without much overhead resistance. However, these Inverse H&S patterns like to back test breakout points as support so I could see a zigzag price movement the way up.

Been a while since I did some TA for Bitcoin! My outlook remains bearish as it has done for the past 4 months. It seems clear that we are ready to breakdown from a Descending Triangle which I'm sure everyone sees. There's possibly a trade soon as the RSI looks almost oversold and I expect a small rally up soon. But Bitcoin -2.35% 0.30% looks pretty weak right now...

We've seen a beautiful rally with Spotify recently confirming that the bulls want to push higher. RSI is overbought on the hourly time frame so I'm expecting a bit of a correction. From there we will anticipate a breakout to confirm the Cup&Handle Pattern. Volume curve is supportive of this pattern. Targets from this pattern reach 216, with profit taking along...

The tech sector has had a pullback, mainly driven by Facebook and Netflix. Now looks like a good time to reload as we've just hit the 50 Day MA and the bottom of the yellow Channel. This also coincides with the support line taken form the high in March. Markets like to retest previous high's which is healthy. If we break support then I would be looking to stay...

Declining volume indicates that this is a Bull Flag waiting for a breakout. We've hit the yellow dotted trend line and are hovering above the daily 50 Day MA so I expect a move pretty soon. RSI has cooled of and looks like it could be bottoming out. My only concern is that we haven't re-tested the previous high of 36.91 yet. So it's possible we fall down from this...

Look how accurate the TD Sequential indicator has been on calling daily red 9's at the bottom of a down trend. Almost every bottom reached over the past 2 years was on a red 9. Simply amazing how accurate this system can be. Now the bad news is that we've just started a red 1, which could potentially lead to another 8 days of downside until we get a red 9. The...

Looking to trade a breakout from this continuation pattern, lets see if we can get it. Fundamentals are looking good with the Asda/Sainsbury merger, and we have recently broke out from years of sideways action. I think there's a possibility we can reach 2014 previous highs of around 427, depending on how well the stock market does in the coming months.

Nothing but bullish for the cannabis market right now, especially since the recent approval of Bill C-45. There's been a little bit of news selling, which has set up and ideal buying opportunity. I went long at $6.77, but now is still a good time to jump in imo. If you wanna be safe, wait until we break out of the Triangle. Stop losses set $5.48, but overall I'm...

So Netflix formed a perfect Ascending Triangle last week when it broke out. Unfortunately I missed this trading opportunity so I'm looking for another entry point. The TD Sequential indicator has just ended on a 9, so I am anticipating a 1-4 day correction before we move back up. It's also very common for the price to breakout from bullish patterns and then retest...

It's not the perfect Cup&Handle pattern, but it's near enough to still be valid in my eyes. If so we could potentially see a rise up to 300, about a 15% move from where the current price is. We have been consolidating for the past 5 months so a decent breakout is very possible, considering how strong the long term uptrend is for NVIDIA. I have gone Long since we...