$NQcv1 Nasdaq 100 Index futures hit the 50% FIB target! Fighting hard for support at this zone! Been a slippery slope on the 4H and 1H Cloud Charts! Looking out for any support to come back in and around these levels! Price action needs to be back above the Cloud for the Cloud Chart to be bullish! Risky times!
$.NDX Nasdaq 100 Index enters bear market territory as price closed below the bottom end of the daily Cloud Chart. Downside risk towards the 50% FIB level retracement target!(Potential rebound zone) Market entering a seasonal weak period! 4H Cloud Chart bearish since mid July as the bears party! Risky times!
$.IXIC Nasdaq Composite enters bear market territory as price closed below the bottom end of the Cloud. Downside risk towards the 50% FIB level retracement target! Market entering a seasonal weak period as well!
$TSLA Reached another downside target since the Cloud Chart sell signals. Looking out for support here to see if there is rebound potential! TSLA fighting hard for support at Weekly Cloud Chart support zones!
$TSLA The Tesla trade hitting downside point & figure chart targets of 385/355/345 then 325 and 310. Getting closer to the next targets of 290/285! TSLA down more than 24% since the primary trend reversal Point and Figure chart sell signal that was then followed by 3 other P&F chart sell signals!
Looking out for a P&F chart reversal signal to signal the end of the current trend!
P&F charts targets are a great way to navigate risk and profit targets!
$WDC Priced collapsed into bearish zone as now trading below the Cloud! WDC retracement consolidation hit all 4 FIB downside targets! Now WDC is fighting hard to regain support at old Cloud Chart support zone as well as the 61.8% FIB zone! Risk is high here since price action is below the Cloud! Need to regain the Cloud support zone to be back in bullish zone! Risky times and critical week ahead!
Aggressive traders looking out for any support indications at old Cloud Chart zones for potential rebound!
$SNDK Priced collapsed into bearish zone as now trading below the Cloud! SNDK retracement consolidation hit all 4 FIB downside targets! Need to regain the Cloud support zone to be back in bullish zone!
Aggressive traders looking out for any support indications at old Cloud Chart zones for potential rebound!
