ACTIV8X

ACTIV8X

Alexion Pharmaceuticals Inc. finished last week with a closer step to its trend line, in blue, ending a second consecutive week in the red. The pattern suggests that the trend is bearish. Only a breakthrough 179.9 will induce an inversion. If an inversion occurs the equity's aim will be 190.5, with 184.84 as a primary objective. If the bearish market continues,...

ACTIV8X

Netflix Inc. finished last week in the red, while leaning on its EMAs. The pattern suggest that the equity may attempt to test its 89.36 support level. Breaching 93.55 may suggest a pursuit of the bearish market, with 83.22 as an objective, with 89.86 as primary objective. Breaking through 102.79 suggests a rally towards 107.65 as primary objective. Breaching...

ACTIV8X

Although Tesla Motors Inc.'s reviewed its yearly sales objective to 50k down from 55k, mostly due to the falling prices of Crude Oil, it has managed to finish last week in the green. Regardless the fact that the equity seems to be caught up in a small tunnel, that can be seen on a daily scale, an eventual breakthrough of 254.05, would suggest a rally towards...

ACTIV8X

After completing its Double Top's objective, which is hitting 8.65, Wendy's Company seems to be aiming to its blue trend, with 10.12 as its monthly objective, should the trend be bullish. Cutting through 8.98 will lead the equity back to re-test its 9 months support level at 8.65. Breaching 8.65 will lead it back to 8.22, where it would find support. An...

ACTIV8X

The GBPUSD is currently stuck on its 1.54437 resistance level. Breaching it will lead it to test 1.55015. Failing to uphold the bullish trend will drive it back to 1.53595. The cable was trading around 1.54411 at the opening, above its daily Pivot Point, which is around 1.54178. Its daily support levels are around 1.53618 and 1.52814. Its daily resistance levels...

ACTIV8X

The EurUsd closed yesterday his fifth bullish streak, reaching 1.13098, breaching the 1.12375 level, which cancels the already rendered obsolete Triangle figure. Breaching the 1.12375 level may throw it back to 1.12026. Breaking the 1.1317 resistance would open the way to 1.13530. At the opening, the parity was trading around 1.12774, below its daily Pivot...

ACTIV8X

In the memory of the 9/11 attacks, all my prayers go to all the innocent victims who fell that day, and to their families. May their souls rest in peace! Back the S&P500, the index is still hovering in the flag formed by the Blue trend and the Orange trend. Breaching 1937.19 may trigger the signal of the the flag with 1923.77 in its bounds, before opening the way...

ACTIV8X

The CAC40 is still in the tunnel, it closed yesterday while hanging on it Orange trend line. The french benchmark still has not invalidated the Triangle. To cancel this figure it should cut through 4501. The benchmark is following the classic Tunnel figure movement, which suggests it is targeting 4501. The patterns suggest a bearish trend with 4501 as a primary...

ACTIV8X

As expected the CAC40 re -tested 4675.92 today. It did so after forming a huge bullish gap at the opening. The Tunnel is still valid, The triangle figure as well. The invalidation level of both of those figures is 4501, which is a bit far right now. The pursuit of the rally will lead the benchmark towards 4846.92 with 4783.38 as a primary objective. However, if...

ACTIV8X

The S&P500 is still hovering in the flag formed by the blue trend and the orange one. It tried to break through its upper side today but failed, and went back to its 1941 support level. The objective are the same : 1869 will be the objective if the orange trend is breached, with 1911 as a primary objective. If the benchmark breached the blue trend it will be...

ACTIV8X

Yesterday was a relatively calm day for the GbpUsd, after two days of spikes. The current patterns suggest a bearish trend if the cable breached 1.53497, which may throw it back to its 3 months support level at 1.51646, and 1.53028 being the primary objective. Breaking through 1.54045 will lead it back to pursue the rally towards 1.55, with 1.5443 as a primary...

ACTIV8X

The EurUsd ended its fourth consecutive bullish session. The parity is still caught up in the area consisted of its daily EMAs, its Bollinger middle band and the 1.12375 resistance level. Yesterday's doji suggests that the bulls' buying pressure was strong at those levels ( 1.11745 and 1.11425). The EurUsd was trading around 1.12063 at the opening, below its...

ACTIV8X

The S&P500 bounced on its orange fresh uptrend, rallying and canceling any eventual bearish trend suggested by last week's patterns. If the benchmark re-tests its Orange resistance, it would form a downward flag with 1869 as a primary objective, if breached. The flag is formed by both the blue trend line and the Orange one. Forcing through the 1975 resistance...

ACTIV8X

The CAC40 rallied today with the US markets re-opening after a long weekend. It is still hovering in the tunnel it has formed over the past two weeks. The tunnel is located between 4673.96 and 4501. The Triangle figure is still valid since the benchmark has not broken the 4501, which is the figure's cancelling level. The Benchmark will rally to 4846.92, should...

ACTIV8X

The GBPUSD rallied today with stamina, bouncing upward after hitting its 3 months support level, last Friday. Pursuing this trend will drive it back to 1.5502, with 1.54433 as a primary objective. Failing to pursue its rally will throw the cable back to a bearish market with 1.51646 as an objective. At today's opening, the GbpUsd was trading at 1.53925, above...

ACTIV8X

The EurUsd has managed to remain in the green for the last three days. It remains unable to cross the area formed by its EMAs, and the 1.12375 level, the triangle's invalidation level. Unless the Parity breaches the 1.12375 level the triangle figure remains up-to-date and the previous bullish market can still be considered as the triangle's signal. In case the...

ACTIV8X

If the Parity breaches 1.11523 it will be heading towards 1.11425 before heading to 1.11370 level. if it breaks through 1.11634 it will be heading toward 1.1174, with 1.11862 as an aim. Both EMAs have cut through the Bollinger middle band indicating a downtrend. In case it didn't occur they will represent a tough resistance.

ACTIV8X

After a long weekend due to Labor day, the S&P500 has to reopen after a bearish week that has erased most of its progress the week before. The current patterns show a bearish trend. If this trend is pursued the benchmark will have 1869 as an objective. If an inversion occurs. However, it has to break the orange trend, its fresh up trend, to do so. An inversion is...