Looks to be at a major inflection point right now as it recently broke above the macro downtrend line......will either be the official start to a new bull trend or it could be a head fake before the next big move down......for it to be a new bull trend then it needs to close above 480 & for it to continue the bearishness......then it needs to close back below the...
Looks bearish still as it as been following the major downward sloping trendline all the way from the highs set back in Nov.....right now it is along major support levels of 424-432.....as they say.....the more price touches an area or level the more likely it is to eventually break that area or level.....if it breaks the 424 level to the downside then the next...
$PCLN looks bearish here as it is developing a macro HnS pttn. w/ a baseline or neckline around the 1130 level.....if it broke that then the extension of the move would bring it to around the 889 level.....could take several weeks to form & looks like there will be a lot of chop for a while......watch volume for confirmation
Looks bullish still as it broke out of a Inverse HnS pttn. recently on strong earnings & a billion $ buyback......the extension of the move would bring it to the 608 level......it also is showing bull flag pttn. w/ an extension of the move bringing it around the 624 level......so tgt.#1=608 level & tgt.#2=624........watch volume for confirmation & the overall...
Looks like it could be pssbly. bullish here but it is pssbly. bc. u have to look at the overall mkt. picture right now which is def. macro bearish/short.......but this could be an inverse HnS pttn. w/ a b/o of the pttn. & extension of the move bringing this to tgt.#1=608.....of course watch the overall mkt. for any reversal bullishly & if price breaks the 515...
Looks bearish as it just broke major support level of around 442 last week & now looks to test tgt.#1=382 & then the final tgt.#2=202 level which is the level at the previous major b/o for the parabolic move up....watch for volume for confirmation
Bitcoin looks bearish on all time frames right now & on a long-term chart it looks to test the 381 previous support level and then could possibly test the apex of converging trendlines around 305-310 but overall looks to retest the macro b/o levels around the 202 level...watch volume for confirmation
$FCEL looks bullish as it is in a descending triangle/wedge pttn. & could b/o of the pttn. to higher levels.....needs to break 2.60 level w/ volume to confirm a possible reversal w/ tgt.#1=2.80 and tgt.#2=3.00
Looks bullish on the daily and intraday charts as it closed the week and day on a buying note.....as they say.....smart money buys at the EOD and the last 45mins on Fri. were all bought and w/ large volume.....could pssbly b/o to the upside next week w/ tgt.#1=545 & tgt.#2=550
Looks bearish here short-term as it has b/o the short-term, upward-sloping trendline at around 1210......could pssbly hit a tgt.#1=1180 & then a tgt.#2=1172 which is the 38% Fib ret. level from the 1/27/14 rally......watch for volume for confirmation
Looks bullish still as the market has been trending higher and will continue to do so until there is a sign of a reversal in the major macro trend.....based on the Fib extn. of 1.618 from the 07'-09' major macro bear market the SPX could hit the main tgt.#1 of 2138 level which is that 1.618 Fib extn. level & based on Fib time extn. levels then this could happen by...
Looks bullish as it is holding well in a wedge/bull flag pttn. & could b/o tomorrow w/ a tgt.#1=1400
Looks bullish here as it is touching the resistance level around 36 and if it b/o of that level w/ volume then it could go to tgt. #1= 42 which is the 23% Fib ret. level from the 11/07' high & then could go to tgt.#2= 65 level which is the 38% Fib ret. level
Looks bearish here as this could be a macro HnS pttn. w/ the base or neckline being around the 67-68 levels & if price were to break these levels then the extn. of the move could bring it to around the 42 levels......has earnings come out on Monday
Looks bullish very short-term for Fib ret. to test 50% fib & pssbly the 61.8% Fib levels & then bearish & back lower to test the intermediate trendline around 67 level
Looks bearish as it has broken the long-term trendline from 4/13 and had a shooting star candle at the top of the bull trend as a potential topping pttn. and reversal for new trend......break of 1132 w/ volume and it could hit tgt.#1=1088-1059 zone & tgt.#2=1010 level & tgt.#3=962-946 zone all being based off diff. Fib levels
ES or S&P mini futures (the market overall) looks a little short-term bearish right now as it looks to be forming a HnS short-term topping pttn. w/ the line in the sand for bears to hold is 1812.........if it holds that level & continues down to break the baseline of the HnS pttn. then the extension of the move could take it to around the 1710 level which should...
Looks bullish right now as it is currently touching the macro upward sloping trendline and has bounced off it the previous time it has hit the trendline.....look for a reversal bar in AAPL this week as it bounces off the trendline to continue the upward move.....tgt.#1=553 & tgt.#2=565.........of course if it b/o of the trendline to the downside then it could be...