It appears that the acceleration and momentum has shifted into a even higher gear over the last couple of days going into a parabolic curve. Usually when this sort of pattern develops it ends up with the market having a blow off top.
It appears that on a 4 hour timeframe, BTCUSD is in a trading range. Prices may only go only a little way back up into the top part of the trading range as the daily time frame shows that prices are way overextended right now.
It appears that that APHD might be on the start of a nice move to the upside with increased volume over the last 2-3 days
On the 4 hour tame frame, OILU has been making higher highs and higher lows over the last week. Momentum has just shifted to the upside again so looking for a initial price target of 24.50.
After trying to go back to the most recent high, It appears that NVDA may be rolling over to the downside. As it appears that the overall market is in its first stages of a correction then expecting NVDA to potentially decline to the 140 area
Looks as though we are now at the beginning of a decline in the markets. The Dow has formed at lower high and was sold off yesterday. Looking for the decline to go to at least to 21250 initially.
Even though the QQQ is very "oversold", the weekly trend is down and looking for a test of the 85 level within the next few months or so.
Expecting more panic selling during the 1st few days of next week and the market will really test the low made during last August being around the 182.50 level. The media will ramp up the fear over the weekend. After the panic selling is done, then maybe a big short term bounce afterwards for about 4-5 days.
With the current Saudi Crisis which has developed over the last few days, we might see CL trade much higher this coming week.
Appears that the rally that has occurred over the last couple of weeks is running out of steam and that the trend has resumed to the downside. May go back to the lows of $74 during January
This might be turning around on the Daily Time Frame IF it can keep its head above 7212 for the next few days
It appears that the double bottom in GLD is now confirmed with GLD breaking to the upside
Possible that a double bottom is forming here
Looks like a retracement down to $725 in the short term
This may go through the 199 support level on Monday and if it does, most likely see further selling. Ultimate target if selling continues to around the 187.50 level