Tuesday, 29 September 2020

Top stocks all rebounding from key cloud chart levels! AAPL, AMD, PYPL, AMZN, NVDA!

 $AMZN Up 9% since rebounding from 2890 cloud chart support zone! Broke past front cloud resistance of 3091! Back above the top end of the cloud of 3149, new support zone! As long as price stays above the cloud it is bullish for AMZN!


$AAPL Looking tasty as it managed to rebound from cloud chart support zones! So far so good. Next key resistance zone top end of the front cloud chart level: 120/123 zones!


$AMD Rebounding from top end cloud chart support zone! Next key resistance zone: 85. so far so good!


$NVDA So far so good NVDA rebounded from key cloud chart support levels of 472/490! Bullish as long as price stays above cloud! 490 major support zone!


$PYPL So far so good. Rebounded from bottom cloud chart support at 177. Managed to break past front cloud resistance at 188, new key support zone! As long as price stays above the cloud that's bullish!




Monday, 28 September 2020

Xetra Dax 30: Rebounded from cloud chart support zone!

 Xetra Dax 30: Rebounded from cloud chart support zone at 12456. Next key resistance zone to test is at the bottom end of the front end of the cloud at 12857! Need a breakout past that level, to the next key resistance zone of 13056!






NDX 100 Cloud Chart Trading Review 28th Sept 2020

Friday, 25 September 2020

NASDAQ-100 NDX attempting a P&F chart reversal. Critical week ahead!

 NASDAQ-100 NDX attempting a P&F chart reversal from bearish to bullish outlook. Looking out for at least a 150 point move P&F chart reversal to the upside to confirm a trend change. Fail that, there is downside risk towards 10750/10250. 


Critical week ahead! 

S&P500: Attempting a key P&F chart upside reversal! Critical week ahead!

 S&P500: Attempting a key P&F chart upside reversal! Critical week ahead!


The S&P500 index is attempting to stage a key P&F chart reversal. Price action over the past few days have been encouraging, but the P&F chart print still needs to be confirmed! Looking out for a P&F chart reversal of 60 points to the upside to change the trend from down to up. 



Index is close to key trend line support. If the reversal fails then there is more downside to the next P&F chart target of 3100 zone!

Thursday, 24 September 2020

$SPX Cloud chart support failed at the top end of the chart!

 $SPX Cloud chart support failed at the top end of the chart! Downside risk to the bottom cloud chart level of 3191/3181, if the buyers don't step in this week!

Potential rebound zone at the bottom cloud span B zone! Market undergoing much needed consolidation/correction after the recent rally from the march low!




Monday, 21 September 2020

Thursday, 17 September 2020

S&P500: SPX Fighting for support at bottom end cloud chart support levels!

 S&P500: SPX Fighting for support at bottom end cloud chart support levels!

SPX still fighting for support at the bottom end cloud chart support zone! Critical for the SPX to rebound from the 3342/3356 support levels. 


As long as price action stays above the bottom end of the cloud it remains bullish. If price closes below the bottom end of the cloud the outlook changes to bearish on 4H chart.




NDX-100 Nasdaq-100 digging into the 4H cloud, looking for support!

 NDX-100 Nasdaq-100 digging into the 4H cloud, looking for support!



Bottom end cloud chart support levels to watch are 11185/11092/11021, potential rebound zones!

As long as the NDX remains above the bottom end of the cloud level the rally is ok, if it trades below the cloud, that changes the outlook from bullish to bearish!

Monday, 14 September 2020

AI Trade Review SPY, QQQ

NDX100: Rebound potential at key P&F chart support levels!

 NDX100: Rebound potential at key P&F chart support levels!


Make or break week for NDX100! Rebound potential at key P&F chart levels! Critical for NDX to rebound from here!


After hitting multiple upside P&F chart targets the NDX reversed lower and profit taking drove it down to key P&F chart support zones! Need to see that rebound from here!


S&P500: Rebound potential at key P&F chart trend support zone!

 S&P500: Rebound potential at key P&F chart  trend support zone!

Critical week ahead as the S&P500 is at a key P&F chart trend support zone! Rebound potential from here!


Critical for support to come in at these levels!

Wednesday, 9 September 2020

Bitcoin BTC: Down 14% since the cloud chart sell signal! Next key support zone:9622!

 Bitcoin BTC: Down 14% since the cloud chart sell signal! Next key support zone:9622, top end of the old cloud chart shadow.

BTC had a strong rally since the initial buy signal and up +29% since the cloud chart buy signal back in July. 

Then came the sell signal above the cloud after BTC became quite extended from the top end of the cloud!


Price action below the cloud is bearish from a cloud chart trading perspective!


NDX-100 Healthy correction underway with next key support targets:11092/10799

 NDX-100 Healthy correction underway with next key support targets:11092/10799


NDX became far too extended from the cloud, and hence generated a sell signal. Key levels to be tested for support at 11092 bottom end of the front end of the cloud, and 10799 July low Base Line support level! Could see a rebound from these levels if support holds.



Monday, 7 September 2020

NDX-100: Fighting for support at key cloud chart levels after sell signal!

 NDX-100: Fighting for support at key cloud chart levels after sell signal! 

NDX dropped as much as 10% since the sell signal being extended from the cloud chart zone! 

NDX rebounded a few points away from the front end cloud chart support zone of 11092. Now NDX is fighting for support at the base line cloud chart level of 11573! 


Critical week ahead for stronger support to come into the market! Downside risk towards front end cloud chart support zone remain in play: 11092!


S&P500: Rebounded from 3393 cloud support zone! Downside risk remain high!

 S&P500: Rebounded from 3393 cloud chart base line support zone! Downside risk remain high towards front end cloud support zone of 3294! Critical week ahead!



Index sold off after becoming too extended from the cloud chart level! Now looking for new support to come in at key cloud chart levels in the market.


Friday, 4 September 2020

TSLA: Down 17% since the sell signal! Now heading to next support $387!

 TSLA: Down 17% since the sell signal! Now heading to next support $387!

TLSA became far too extended from the cloud. Dropped more than 17% since the sell signal based on the cloud chart extension sell at 491. Key levels to test for support 411 front end of the cloud, with more downside risk to 387 and 345 as another key support zone at risk of being tested.







S&P500: On its way to test 3440/3393 cloud chart support zones!

 S&P500: On its way to test 3440/3393 cloud chart support zones!

S&P500 undergoing a much needed consolidation from extended levels. Key levels to be tested are 3440/3393! 


Index moved into profit taking zone after being too extended from the top end of the cloud! Now looking at these key levels for a potential rebound.