$SPX (weekly) If we close green tomorrow, it’ll be 8 straight weekly close higher. We remain at major resistance zone and chopping within last week’s candle range so momentum is slowing down and we should technically get a pullback and clean close below this resistance zone tomorrow.
$SPX (daily) 2 day bounce into .618fib and 5 day box resistance. Potential right shoulder of H&S. Watch for bearish reversal and breakdown below uptrend line, and 5/9ema
$SPX (4h) head and shoulders.
$QQQ (daily) 2 straight close higher into prior ATH breakout level/resistance. Watch for bearish reversal and breakdown below UTL and 5/9ema
$QQQ (4h) also potential H&S pattern.
$DJI (daily) Box breakout (likely bull trap) into new ATH daily close but into clean resistance: 1) double top with prior ATH 2) ascending wedge. Negative RSI divergence. Watch for false breakout reversal back below box and 5/9ema.
$IWM (daily) Sharp 2 day back above 5/9/20ema (potential bull trap) but into downtrend line resistance. Watch for bearish reversal and lower high to give us the right should of H&S.
$VIX (daily) Extensive 4 day -15% selloff. Closed at new 4 month lows but into major support zone: 1) 1yr channel 2) Horizontal 3) falling wedge. Watch for bullish reversal with close back above 5/9/20ema converged.
$UVIX (daily) Closed at new lows. Watch for bullish reversal and falling wedge breakout.
$HYG High yield corp bond (daily) Sharp 2 day rally into resistance zone: 1) DTL 2) box backtest 3) UTL backtest 3) 20sma/ema.
$DXY(daily) Coiling tight in bull flag and above 5 and 50ema. Watch for breakout above bull flag and 1 month box.Watch for breakout above 1 month box
$MAGS (weekly) Rejecting at 2yr channel and working on bearish reversal after 7 straight close higher.
$MAGS (daily) 2 straight close higher but only by 1 cent today. Bearish spinning top. Rejected at anchored VWAP from ATHs. Failed to close above prior day’s candle. Watch for bearish reversal with fail back below 5/9ema and breakdown below 2 week box and 20ema.
$NVDA (daily) Down -1.7% despite double earnings beat. Bearish reversal after one day bounce. Failed breakout above DTL and 5/9ema. Watch for breakdown below descending triangle, 2 month UTL and 20ema.
$NVDA (weekly) Working on bearish reversal at ATHs.
$GOOGL (daily) Rejecting at 5/9ema. Watch for breakdown below 3 week box and 20ema.
$AAPL (weekly) Stretching into 9th consecutive green week. Still at the same resistance zone as last week.
$AAPL (daily) Box breakout into new ATH. At uptrend line and channel resistance. RSI most overbought in 18 months. Watch for false breakout reversal
and ascending wedge breakdown.
$MSFT (weekly) Failed breakout.
$MSFT (daily) another failed breakout attempt over the downtrend line and box. Watch for bearish confirmation with close below 5 day range and 5/9/20ema.
$AMZN (daily) 2 straight close higher. Bull flag breakout into resistance: 1) anchored VWAP from ATHs2) double top. Watch for false breakout reversal
$AMZN (monthly) Sitting right at major channel resistances.
$TSM (daily) Sharp 3 day +7% bounce. Rejecting at .618fib. Watch for bearish reversal with fail back below 5/9/20ema
$AVGO (daily) Rejected at DTL from ATHs and 5/9ema. Breakdown below 1 month channel, and 20ema.
$TSLA (daily) Big +8.5% bounce and 2 straight close higher. Bearish spinning top rejection at VWAP. Watch for bearish reversal with fail back below 5/9/20ema converged.
$META (daily) 2 straight close higher into 5/9ema. Watch bearish reversal and breakdown below current box.
