Gold is performing daily inverted Head & Shoulder pattern. Yet to test again. After all the Fed rate meeting show Honey Bear in the market.
With recent all time high performance by LULU and current price can be consider as good pullback to entry. After all, due to pandemic issue, LULU online business shown good projection. Risk ON!!!
I would create alert at daily support zone. Hope JD comeback so that I can join once again.
With recent all time high performance by LULU and current drop price can be consider as good pullback to entry. After all, due to the pandemic issue, LULU online business shown good projection. Risk on!!!
Previously, AMD manage to break inverted head & shoulder neckline. Pullback already in place and now compressing to make next move.
The only way to change the bear to bull is with strong stimulus economic package by Fed
Strong pullback should take place before another moderate bearish. Good risk reward ration at area of daily support to go long.
Breakout neckline will be slightly cup & handle pattern, Potential swing setup is there
Although prob. of interest rate cut might stay at 0.25%, Powell"s economic projection may change market impact. Wait for it to react.
Gold still showing great momentum. Meet the Resistance
Fail to break Res zone, may show strong pullback. After all earning, surprise is there
If AAPL continue to call up, may stuck at highest RES level and creating Double Top which pretty dangerous. One of the best way to break higher is pullback and re-bounce with momentum to break higher. Or just launch the new iPhone 12...
Fail to break the clearance zone, it is a sell zone
Lets see how far US and giant countries manipulate it.
Wish it go lower again to start big
Break higher may test up to 1761.