djflowmaster

djflowmaster

Looks bearish as it just recently tested major S1 lvl. around 438.....if breaks that lvl. then tgt.#1=422 which is next major lvl. of support......of course it could consolidate & b/o of downward channel to the upside so watch to make sure it breaks the major S1 lvl. at 438 for the bearish case..........as always watch volume for confirmation

djflowmaster

Looks to be at an inflection point here.....consolidate in triangle to b/o higher and continue bullishness or b/o to downside of intermediate trendline for a possible gap fill? AAPL and SPY will probably trade the same.......if both break the intermediate trendline to the downside then could be a short for awhile........as always watch volume for confirmation

djflowmaster

Looks bullish still on a long-term basis........as long as SPX holds 2 major bullish trendlines then the mkt. still looks overall bullish......the 1st one being the intermediate trendline around 1940-1950 levels and the 2nd one being the long-term bullish trendline from the start of the 09' macro bull rally.......if it breaks the intermediate trendline to the...

djflowmaster

BIDU looks bullish here as it has been a range for awhile & could b/o to the upside soon w/ a tgt.#1=240........w/ BABA having IPO tmor. then this could be a nice side China play also

djflowmaster

Looks bearish along w/ the rest of the mkt.......could test the 78 lvls. for a retest of the b/o of the upward channel.....watch to see if b/o of the upward channel around 95 levels......watch volume for confirmation......also watch the rest of the mkt. like the SPY which also seem to be heavy & selling could continue.........of course as always watch for...

djflowmaster

Looks bearish here as it has a possible HnS pttn. forming & has earnings tmro so watch for confirmation of the pttn. w/ an ultimate tgt. of 392......will be lots of volatility w/ earnings so always hedge & watch volume for confirmation

djflowmaster

Looks bullish as it has major resistance above at around 5.70 and looks to b/o of those levels.....if it does then it could go to tgt.#1= 7.0 & tgt.#2= 7.50......watch volume for confirmation

djflowmaster

Looks bearish as it is in a HnS pttn......w/ a tgt. of 60 for extension of the move......watch volume for confirmation

djflowmaster

Looks bullish as it has b/o of downward trendline & descending channel.....could gap fill to 38.05 lvl. and then to 40.05.....watch volume for confirmation

djflowmaster

Looks possibly bullish here as this could be an Inverse HnS pttn. going on right now & if it b/o of around the 189.50 levels then an extension of the move would bring it to tgt.#1=196-197 zone......as always watch volume for confirmation

djflowmaster

Looks bearish here as it could be forming major macro bear flag/pennant pattern and if it breaks 121-122 zone w/ volume then it could test 95-98 zone for the extension of the move & this could happen in the next few months.....it looks like the major line or zone of support is around the 90 level which would be around 900 or so actual Gold price.....this area is...

djflowmaster

Looks bullish as it just b/o of the macro descending triangle & the downtrend line around 447.......if it has follow-thru and volume to go with it then this could be the start of a new bull trend........targets to the upside are tgt.#1=534 which is the .23% Fib & then tgt.#2=654 which is the .38% Fib w/ the final tgt.#3=751 which would be retracing half of the...

djflowmaster

$GOOGL....Looks bearish as it has retraced much of its recent uptrend from 10/13'........that usually doesn't bode well for longs when a bullish uptrend is retraced quickly.....also it doesn't seem to have much bullish volume for a reversal to happen....if it breaks support around 525 then it could test the 501 level which is the .618% Fib from the uptrend.....if...

djflowmaster

Looks bearish on the LT time frames as it has just b/o to the downside of the intermediate trendline & also came down fast after the parabolic move to over 400.....looks like it could retest the 198 level which was the b/o level of the 4/12' uptrend....targets to the downside are tgt.#1=278 level which is the .618% Fib ret. level & tgt.#2=247 which is the .764%...

djflowmaster

Looks bullish as it is a Bull Flag pttn. right now & could b/o next week but needs to b/o of the 600 level w/ strong volume.....tgt.#1=634 level which is the extension of the move.....of course there are micro levels of support all along the way including the 604, 609 & 620 levels....this is more of a longer-term pttn. as I do not think it would go to 634 in the...

djflowmaster

$SCTY looks bullish as it could be forming a bull flag pttn. here.....& if it b/o of the pttn. to the upside & specifically around 54.50 level then the extension of the move could take it to around 59.3 level.......so tgt.#1=59.30 & tgt.#2=62.05 which is the 38% Fib ret. level from the 02/14' intermediate downtrend.........as always watch volume for confirmation

djflowmaster

Looks bullish here as it has a good risk/reward setup right now.....has recently b/o of the intermediate downward trendline around 11.20 & could bounce off major support level at 11.....has earnings this week which will play a factor into direction......as always watch volume for confirmation & if it breaks the major support level at 11 then all bets are off

djflowmaster

The markets look bullish as the DOW just closed at an ATH last week & looks for some continuation to occur as that usually happens when an ATH is set & in this case the markets have been in a consolidation pttn. for awhile and if it b/o of the main resistance then we could see some continuation.........as always watch for volume for confirmation & watch for any...