hi guys my weekly TA on the S&P500 Ticker: SPY TA: Short Term Neutral Long Term Bearish Why? in the short term i am feeling neutral because the RSI and MACD seem to be Rising (macd getting ready for crossover) but it looks like its caught in a descending Triangle two things can possibly happen it falls below support or the triangle fails and the S&P500 will go on...
Ticker: NYSE:TWTR TA: Bullish Why? after the rising Wedge it placed TWTR into a Down Channel it met the long term Resistance line and closed above it, RSI and MACD going Up so if next trading day if it goes above the support line its going to go!
hey guys its me again with my weekly analysis of S&P500 Ticker: SPX TA: Bearish why? The bear flag. even though the RSI is oversold, there is no sign of a trend reversal yet i.m.o i think it may fall to the Red Resistance line due to the fact the bear flag has no reversal Candle and that the MACD still has room to fall based in the past even tho the RSI was...
TA:Bearish Why? Descending Triangle Formed, RSI is Weakening, MACD still Falling.
I.M.O TOPS will fall due to the fact that a) Rising Wedge Forming B) Weakening RSI and MACD lines starting a down trend!!
Hi Guys im back, I stumbled on to this in the three month chart. A rising Wedge! Resistance line is Confirmed . Support likely to be confirmed. once that red candle meets the support line pattern confirmed
BTC ASCENDING TRIANGLE is forming time to see if the bulls take it
BTC has formed a gravestone doji which put in in a downtrend
S&P500 Bearish Pattern Forming If It fails to break that risistence line this pattern will be confirmed Triple Bottom within the wedge indicates a challenge of that line ift fails to break the pattern will form
appears to be a bearish Rising Wedge Forming
As shown it appears to be half complete a cup and handle formation on mark new target at 9.67 ( meets long term Resistance line ) if cup and handle fully forms
AMD has continually tried to break through the resistance line but failed also a Bearish Head And Shoulders Pattern has formed meeting support line and likely to go down
there is a formation of a cup and handle on MSFT its currently meeting the "handle" support and resistence lines if it breaks through resistence (most likely) this would mean we should see it rise to around 94$ but if it fails we can see it going to around 93 to the next support line.
there is a formation of a cup and handle on MSFT Meeting support line, if break through resistance will hopefully will rise to around 94$
AMD Bullish Pattern Forming (falling Wedge) And Has the opportunity to Break a long term Resistance line and form new target around $12.20 support line established at $11.89 if AMD breaks the resistance possible for new target around 12.20
Bearish Head and Shoulders pattern forming along with challenging support line plus unable to break resistance