Nasdaq Composite Index: Rebound rally running into significant Cloud Chart resistance zone: 12320/12381 at the bottom end of the Cloud! ! Consolidation risk down to 11634/11238 if resistance holds at Cloud Chart zones! Need to see a significant high volume driven breakout past these levels! If not then seasonal weakness towards a March low!
S&P500 Index: Rebound rally running into resistance zones of 4157/4220 zones! Consolidation risk high here towards 4068/3979/3908 & 3835 if resistance holds! Really need to see a sustained breakout past 4220 Cloud Chart resistance zone for the CC to change to bullish from bearish. Price action below the Cloud remains bearish. Risky times ahead!
TSLA: Rebound rally now digging into old Cloud Chart (CC) resistance zones: 195/204 and the TL of the CC at 208! Consolidation risk remain high! So far it has been a great rebound rally from the support zone range of between 96/115, with the resistance zones as the upside profit targets for the swing trades.
Nasdaq EMini Futures: January AI generated trades up by +2300 points! Winning with AI!
Two Volatility Artificial Intelligence AI generated trades up by +1000 and +1300 respectively for January. Great start for the year. Moving into profit taking zones now after strong rally.
META: The old FACEBOOK, King of the Digital Social Sewers, up by more than 75% since the Artificial Intelligence (AI ) volatility trade buy signal! So far so good winning with AI!
S&P500 Index : Cloud Chart rebound rally now running into major Cloud Chart resistance at the 4068/4157 zones! Need to see a sustained breakout past the top end of the Cloud level of 4157 for the outlook to change to bullish on the weekly Cloud Chart. Downside risk if resistance holds back down to 3932 the TL of the CC, 3908 the STD line of the CC, and then the bottom end CC support zone at 3835!
The rally is not out the woods yet and there is February seasonal downside risk to keep in mind! Need to see that breakout!
Xetra Dax Index: Cloud Chart rebound rally now running into a major resistance zone between 15064/15159/15559! Consolidation risk in February!
Expect a reversal if resistance holds back down to the front end Cloud Chart support zones of 14530/14338 & 14068! February seasonal consolidation risk remain in place!
