2% of all movies are Rom Com's (down from 43% in 93'). There is pent up demand.....hopefully a suit in Hollywood makes the connection. AMC do your thing. Bull Channel
Correction, or recovery, MANA showing some signs of fight. Back in channel, watch for support lines.
Medium term bull channel shown is active, BTC is on a breakaway. Lower channel is the longer term bull channel which price will be drawn to over time. Price still deciding currently.
Still in bear channel, expect unwind to accelerate unless some action causes it to break out of channel. Needs to cross the upper red meridian for a new channel to be active, still responding to the downward channel for now.
10 Yr Yields continue to put pressure on Tesla. Breakout potential early in the week, but bear trend re-confirming today after 10yr yields jumped overnight. Expect bear channel to continue based on latest technical.
Price is intersecting long and medium term trend. Watch the black triangle catch price and give confirmation as to breakout or breakdown. Break below base of the triangle should confirm bearish channel. Longer term bull channel can still catch and hold price, we will know mid-week next week! Probably trades the inverse of the 10yr which is running up and to...
GME Signaling Potential Trend Change, new bear channel in play, see if price takes it. Entry trade at arrow, target exit marked in (X), will exit if/when price breaks bear channel.
10YR Yields Impacting Tesla, curious inverse relationship, with the 10yr tipping hand to sell off's. Both 10yr Yields and Tesla in critical ranges over the coming 7-14 day window.
Tesla has been tracking the inverse of the 10 year. 10 Year up today, expect Tesla to bounce off upper channel back into the bear channel. Key test at $650 towards the tail end of this month, otherwise bears may finally have their day.
ARRK caught in what I am going to call the Bermuda Triangle. Price will likely stay bounded within this until it decides which direction. Watch the key support-resistance triggers (red triangle) for price to tip it's hand.
Apple will be grabbed by a box intersection of long term and short term trend channels. Watching price action closely, bullish pattern via arrows show potential path forward. $107-$114 will remain key support levels. Any break to $95 should be a clear exit signal, with downside to $78-$48.
BTC Diverging from longer trend channel to test Upper Bound. Short term channel is signal to trade in the nearby.
Long term bullish channel, with inside short term channel tracking.
10YR Short term trend getting ready for action across the next 4 days. Expect either a breakout to higher high, or resistance to winout, with a spin back down. Market impacts typically inverse of this price action, especially as of late.
Riot, bit overbought, testing upper line, expect reversal off the top fork, small chance it could be confirming new channel, will know in 2 days time.
Market responding to changes in the 10yr. Appears to be trapped in bullish channel. Lower supports responded yesterday, expect rates to continue to march higher with risk to growth equities valuations.
Riot testing short term upper bound. Look for potential breakout if price can sustain above upper red line. Otherwise back down to the channel.
Price is gravitating back to this trend line, will continue to be the trend. Watch for a reversal back to $40 if $120 support is breached.