chrisbrecher

chrisbrecher

Many times when the VIX trades under the lower Bollinger Band, and then closes back above it, it is a warning signal for the SPX. On the other hand, if it went above the upper band, and closed below it, it is a buy signal for the SPX.

chrisbrecher

If /ZB doesn't hold the trendline, there is little support on the way down.

chrisbrecher

I know we are in "rally mode" but this trendline has to be watched carefully.

chrisbrecher

The daily NQ MIGHT be an inverse H&S, but the big trendline is still huge resistance.

chrisbrecher

It doesn't mean a breakout, but the pattern shown needs to be watched carefully

chrisbrecher

AAPL went up by the width of this triangle. Now it better hold 217.30, or it could go much lower.

chrisbrecher

World markets usually move together. Right now, the U.S. markets have not tested the lows from early June, while other markets have undercut it.

chrisbrecher

I am NOT a Gold bug, but the chart is starting to look OK. I want to see the Commitment of Traders report tomorrow from the CFTC to see if "commercials" have started to get long, before really jumping in long.

chrisbrecher

The H&S hourly top in the Chinese market just met the first objective.

chrisbrecher

So far the Chinese CN50 has worked off the hourly oversold condition poorly. A break of 12,600, and this could go down to fulfill the H&S top measuring objective.

chrisbrecher

The H&S top mentioned last week on Twitter worked well. This projects to around 12,600.

chrisbrecher

Bitcoin rallied to exactly to the trendline.

chrisbrecher

Bitcoin has a great trendline, that was broken yesterday.

chrisbrecher

In run away markets, bull flags like this tend to play out.

chrisbrecher

This big triangle could go either way.

chrisbrecher

If Bitcoin doesn't hold 12,000, then the "BrecherLedge" projects to under 6000

chrisbrecher

I think the action of the DAX next year will be a great "tell" for US markets. The DAX really needs to hold support, and the major up-trendline.

chrisbrecher

Bitcoin had an approximately a 50 percent retracement rally, right to resistance.