Tuesday, 8 September 2020
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.