$SPX (daily, log scale) Rejected at 5/20ema and first close below 20sma in 1 month. Closed below yesterday’s lows, negating bullish reversal attempt. Also basing for 2 days so it could be consolidation before resuming downwards with 5/9/20ema converged ready to push the next drop in a drop-base-drop sequence.
$QQQ (daily, log scale) Basing in range for 2 days following the bearish reversal on Monday. Rejected at downtrending 5ema with 9/20ema curled downwards from above.
$IWM (daily, log scale) Negated yesterday’s inverted hammer at 20sma with a bearish engulfing candle with clear close below 20sma.
$DJI (daily, log scale) Tried to rally above 5/9ema but hard bearish engulfing rejection with close below yesterday’ inside candle. Watch for close below 20ema/sma.
$AAPL (daily, log scale) Green close but bulls failed to reclaim prior supports with a bearish shooting star rejection and close below horizontal backtest and 5/9/20ema.
$MSFT (daily, log scale) Tried to rally above but failed and closed below 5/9ema and horizontal backtest.
$META (daily, log scale) Back to back green close but bears defended where they needed to for now. Rejected at the highs at 20sma. Wicked and closed below box backtest, 5/9/20ema and potential downtrend line resistance.
$NVDA (daily, log scale) Inside bar, consolidating after big dump.
$NVDA (weekly, log scale) Gives a move clear picture now as we are bearishly confirming last weeks top reversal and looking to close below 5/9/20ema converged.
$GOOGL (daily, log scale) Rejected at downtrending 5ema and holding above potential H&S neckline support.
$AMZN (daily, log scale) Strong +2.6% rally today with close back above 5/9/20ema but right into anchored VWAP from ATHs and symmetrical triangle resistance. Watch for rejection followed by bearish breakdown the opposite way with close back below 5/9/20ema converged.
$BRK.A (daily, log scale) Finally put in a major top reversal at ATHs and channel resistance as we had the shooting star followed by emphatic bearish engulfing (prior 4 candles) with breakdown below uptrend line and 5/9ema for the first time in 1 month.
$LLY (daily, log scale) Potential top signal as we have bearish breakdown of 10 day box at ATHs with close below 5/9/20ema converged.
$TSLA (daily, log scale) Gap up and back to back close higher with a extensive +12% 2 day rally but into horizontal resistance, ascending channel backtest, and anchored VWAP.
$UNH #13 market cap (daily, log scale)Bearish engulfing reversal at ATHs and megaphone resistance.
$IYT transport (daily, log scale) Rejection and lower high at channel resistance now confirmed with ascending wedge breakdown with 5/9ema converged.
$XLF financial (daily, log scale) Bearish engulfing (prior 4 candles) reversal at ATHs and 4 year channel resistance.
$XLV healthcare (daily, log scale) After the bearish shooting star reversal at ATHs and 4 year channel resistance, we have a strong bearish confirmation with close below uptrend line and 5/9ema.
$BTC (daily) Working on a bearish breakdown below 1 year uptrend line. August lows and massive rally was off this uptrend line so losing this key support could lead to sellers jumping in.
