pDarshild

pDarshild

small caps broke down from rising wedge ... markets likely to continue weakness

pDarshild

At support as well...

pDarshild

Weakness continues, lets see if it finds support to close the week tomorrow

pDarshild

showing strength, but volume was weak so i dont see it making a breakout move just yet

pDarshild

long term support break with huge volume but it did close into support, it would have been a good gamble to go long (Few shares) for tomorrows open..

pDarshild

did not necessarily move and did close right into resistance.. can see further downside

pDarshild

still in its own little box..

pDarshild

closed below the trendline break, its likely this will consolidate here and give us further move towards downside for now

pDarshild

is still coiling up

pDarshild

As expected found support at the long term trendline and prior resistance (now support) but it closed below the faling wedge break so QQQ telling me that the markets are showing signs of weakness as of now

pDarshild

still in flag mode and with long term trend being up, bulls are likely to gain control but need to wait for confirmation

pDarshild

markets fading another gap .. pressure towards the downside is increasing..

pDarshild

broke below the long term trendline support, 50 mA needs to hold or the next support seems to be around 327

pDarshild

two support lines converging into one range of zone.. likely to find support there and consolidate

pDarshild

also showing weakness, violating the support that its been having for past few months at the 50MA line as well as breaking below the prior support

pDarshild

not really a great sign for the longs, broke through both the falling wedge and prior support line..

pDarshild

broke the trendline, seems like the next near support seems to be around the $145 mark.. lets see if it gets some buyers to get in at that price

pDarshild

As i said, i think small caps are trying to push this market towards the upside .. coiling up at this point.. one side or the other will be seen by friday end of the day