Tight consolidation and about the break the trendline for continuation....
Nice bounce today, confirmed bull flag intra day sets target around 190+, then 200 should come quickly. If it clears, then it might head back up to 300 over the next 12 months
NFLX has been consolidating for 18 months, ready to go now, similar action to April '15 breakout
Gold seems to have bottomed. While a megaphone is typically bearish, I think the overall we are in an uptrend. Maybe we pull down to 113-114 but that would be a good long entry
Nice bounce of long term support, forming IHS here. Breakout here could lead to +350pt move
First target is 40ish, which is also going to be strong res, levels above 45, 53 and 68
lower trendline held nicely. Could easily run to 80ish and a breakout above will send it to test previous ATH. Mega falling wedge on weekly
Double bottom @15.5, then trend reversal while forming a rounding bottom. Volume breakout and consolidation. This can easily get up to previous high @43 and beyond.
Trend reversal holding. We should see a decent bounce next few days
Looking good here consolidating under previous highs while forming a nice C&H, breakout here will confirm. Probably 1-2 more weeks
lots of similarity to 2011 action. This can go either way. If we blow off top to new highs, then we're looking at a deep correction. If we hold here and consolidate, market is probably looking to start a new bull cycle.
a breakout and hold over this trendline will bring us just shy of 700.
I'm still long but watching carefully. A failed breakout to new highs will be a significant red flag here. The weekly action on SPY last few months resembles the 2007/2008 action. Something to keep an eye on
Once (IF!) we clear that trendline, we should shoot straight up. $215+ possible
ugly looking chart - confirmed H&S - this is probably heading to low 100's in a few months.
Long time fader, ready to make a next run for it. Breaking out of the channel will send it running
Nice IHS breakout today. Not giving up on this one, 160+ coming IMHO
I draw the lines where I have most confirmation pts. Negated rising wedge but still channel bound. Expect res at 47.8-48.2 range. Bull biased and I think once it breaks over that blue channel we see a GPRO like move (IPO action)