Like Several Stocks, AMD Could Be in a 1212 Structure
Is AAPL Going To Follow AMZN, GOOG & FB?
FB following AMZN and GOOG. Bottom could found be in the indices. SPX won't go down without the huge caps.
Very difficult to know if the C of the proposed big triangle is in. The alternate counts are not out of the picture, yet. At all. What we can see, by stepping back, is some sideways price action that has last 2+ years. The incredible volatility and noise brought by external factors such as the Chinese FUD and especially the recent crash in traditional markets have...
Possibly the most important chart right now... especially if you are a bear. VIX futures still holding.
This is the look of the (bullish) semi-annual candle. 2 months remaining before it closes.
SPX at Daily RSI Bearish Market Support?
The red count remains my primary as long as the VIX holds its Fibonacci support. 0.65 fib still not breached in SPX futures. All options are on the table. We will not hesitate to switch bullish if the appropriate signals come.
Nasdaq 100 Futures (4H) / Bullish & Bearish
If you are a bear, this stock will make you doubt to say the least... W3 after 1212 formation (green)? Or impulse (orange)? Bullish if we break the 0.65 fib. Lets see how it behaves at the market open.
Are the S&P 500 futures going to ignore this bearish daily candle for the third time in a row?
SPX: White SMA, GZ and RSI Bearish Divergence on the 8H
The five main scenarios are presented here: Triple ZZ in red (primary, super bearish), double ZZ in blue (bearish), simple ZZ in pink (bearish), impulse in orange (bullish), and 1212 in green (super bullish).
Bitcoin and the S&P 500 hand in hand...
PA is not ideal for an impulse. We are struggling on the support of the channel. Exciting times ahead though.
In this scenario, we are working on the 5th subwave of this impulse off the lows (within macro Flat 4 count). We've broken the base channel to the downside. If this is an impulse in progress, it is weak and W3<W1 so we may breach the 0.65 fib retracement and come back down fill the gap left by the island reversal.
2 flats in a row but we broke the base channel to the downside and the slopes are awful. Where is the 3 of the 3? Coming with the Fed/FOMC or a coronavirus vaccine?
The poor slopes and the break of the base channel makes this count a strong candidate. We need confirmation though. Will the Fed/FOMC trigger the C of the flat X?