This analysis is based on delta theory and astrology analysis. 12/27 is a turn point for my analysis. I was debating so long on this month about going up or down. I think last two days acting confirm the trend Is down.
SP500 Target on 4/28: 4050 Short term analysis in hourly is getting ready to turn down, looking for VXX to move up at the same time.
See a bear flag tonight! Good chance to go to 2740!
No need to assume it will turn uptrend when it is in downtrend! No prediction or preassumption in my view. I see support at 2740. Let's see how it goes!
SPX weekly showed the downtrend direction. Tomorrow is the last day to continue the downtrend, so tomorrow there is a chance that we should see SPX below 2820 with gap down tonight or in the morning. I looked at overnight to define the trend, although most of the direction showed the upside, in my view, I see the direction should have remained in the downside. ...
When we break down 2800 again, next move it will go to 2418 this time.
Today it confirms the down move in my view (more like retrace) below the first trendline. At least this stops uptrend move. We want to see 2860 and 2830. If it moves below 2830, we get to the second trendline. Below 2784, we are really in a downtrend.
5 mins head shoulder is formed. Next move should come down before anything. Bigger header shoulder since Jan 2018 also formed. Market need to confirm to move down if this is the next trend. It needs to move down to 2870 and below 2865 to confirm this trend.
Obviously, the price has broken the trendline. It just keeps setting up for the bulls and skews them up.
goog breakdown previous bottom, short goog!
AMZN just break down trendline, go for another short!
It has weakness in AMZN, I see a downtrend at 2hrs window.
FB should continue to move down till it hit the trendline. However, it doesn't mean that we can not further move down! We will track the movement when we get there. Hold till any reversal. In my view, the top is in.
Unless a big reversal for the bull, the trend of the market is down! So, more downside is coming!
Bigger market is in down trend. For NIO, it seems a little oversold and back down to the support line. I will buy some at this point, and wait for more stronger signal to buy more. If it further break down, it may not be a good hold. It needs a tighter stop.
SPX Breakdown the Trendline, it may be a sign of change trend!
My prediction on gold is down 4/31/17 based on my cycle analysis.