still nothing is clear, it is not a flag, maybe it will be a pennant or a triangle in the future, for now I look, but I am very interested in entering because the targets could be 78 and 70 support 90 is seriously in trouble the volumes of September 30 could confirm a break-away Gap
the 270 did not keep them, it broke and on the daily did a pullback, in my opinion it continues, it broke the last minimum and this opens the way to 240 I still do not see clear signs of a decline and congestion could be forming, the dollar could lose something in the next few weeks as well as not S&P and DJ have not yet confirmed bearish breaks but they are...
i think Tesla has just completed a nearly two year H&S Top, generally I don't go straight on such big figures but at the breakout there is a bearish engulfing with high volumes relative to previous days Target could be 100
it is an H&S with incorrect volumes but it is visible on weekly, I don't know if the volumes are important, maybe they are on the head but they are obscured by the enormous subsequent volumes and on the left shoulder they arrived a little late for the euphoria of the covid perhaps in June there was a great build-up of sales I'm interested in entering
if the volumes increase, I add because the weekly has potential, let's see if it forms pennants
in the last 4 pushes, as is normal in an uptrend, the prices in the rising phases have been supported by upward volumes, the last push denotes a first buy / sell technical change, and the current upward push shows downward volumes , the first sign of weakness of the dollar, if volumes do not rise today and tomorrow we could see resistance on the last high. this...
I can't see bullish signals at the moment, rising volumes on bearish technical exchange rates, rising volumes on neckline tests (if it's a H&S) .. and if it were a H&S it would have the neckline sloping down (further bearish sign), I would start to enter short on the confirmation of the right shoulder I think the target could be 13k, which would confirm the failed...
I still do not see any signs of technical changes, there is no increase in volumes on the BO and it has not corrected up to the major trend, but perhaps the impulse of the H&S is not yet finished and points to 122 before correcting completely if I add a short it is with little and to close immediately at 122
in my opinion it is a textbook H&S with neckline tilted down by the weekly, I should have entered before, I'll gradually and increase on breaking neckline it is very large it seems strange because the target would be around 5, but the trend was down before the covid, without this speculative phase perhaps it would have reached 5 by itself
I think we are at a crossroads, if QQQ holds 270 it could start a corrective phase up to a major trendline and then boh .. if it does not hold the 270 there could be a drop of another 10% for now I see no signs of increasing strength in buyers, on the contrary, volumes have increased during the downturn and it is the second attack on this area
I think of a premature BO, and on September 28 the last resistance of the buyers, the trend in my opinion remains bearish and I would like to find reasons to sell above 1700, obviously a break of the trendline and an increase in volumes to the upside changes the scenario, but for now I don't see this