Dow Jones DJI Index: Rebound rally from 33006 CC support zone now closer to top end CC resistance zone 33804!

 Dow Jones DJI Index: Rebound rally from 33006 CC (Cloud Chart)  support zone now closer to top end CC resistance zone 33804! Need a breakout past top end  of the cloud  resistance zone!  If the DJI manages to break past this top end CC zone, then the next key resistance zone is around 34297/34625 targets!

On the 4 H CC the rebound rally started after the DJI managed to find support at 33006 old CC support zone/Turning Line support zone of the CC. Good news is that on the 4H CC the DJI is back above the 33640 level, a critical resistance zone that can now be a key support zone if support holds. The upside targets on the 4H CC are  33804/34011/34297! 

S&P500 Index: Fighting hard to rebound from front Cloud Chart support zones: 3834/3889!

 S&P500 Index: Fighting hard to rebound from front Cloud Chart support zones: 3834/3889! 

S&P500 managed to rebound from the front Cloud Chart (CC) support zone of 3834, as well as old cloud chart support zone of 3889!  There is a major resistance zone at the bottom end of the cloud that the index need to break past! Price action below the cloud remains bearish! A key trend line resistance zone is also a major obstacle at 4021!  A breakout past that zone can lead to a rally to the top end of the cloud at 4153! 

Downside risk 3602 another old CC support zone! Critical month ahead for a rally past CC resistance!

Overall price action is bearish with swing trade opportunities to both the bottom of the cloud and the old cloud chart support zones!

COIN.O Coinbase Battling to survive the crypto bear market as COIN is now down more than 88% since the Cloud Chart Sell signal! Time for new management!

 COIN.O Coinbase Battling to survive the crypto bear market as COIN is now down more than 88% since the Cloud Chart (CC) Sell signal! 

Down more than 88% since the primary CC sell signal, and down more than 86% since the CC secondary sell signal! Time for new management! What a beautiful short trade it was! 

What a beautiful short trade it was! 

US 10Y T-Note: J Powell Power Yield Party keeps going as yields hitting the P&F chart targets! Next targets 4.2% to 4.45%! Risky times!

 US 10Y T-Note: J Powell Power Yield Party keeps going as yields hitting the P&F chart targets! Next targets 4.2% to 4.45%! Risky times!

US 10Y T-Note consolidated after hitting the 4.375% target. The reversal met the downside P&F chart target of 3.575% Rebounded from P&F chart trend line support at 3.5% and then met the 3.8% target! Next two targets are 4.2% to 4.45% Currently testing trend line support at the 3.69% zone! Critical month ahead! 

TSLA: "In Musk We Trust" Trade getting closer to the next Cloud Chart Target of $91! Downside risk to $66! TSLA down more than +65% since the CC sell/short signal!

 TSLA: "In Musk We Trust" Trade getting closer to the next Cloud Chart Target of $91! Downside risk to $66! TSLA down more than +65% since the CC sell/short signal!

Swing trade potential from these key support zones as TSLA share price expected to technically retrace some of of recent losses. $159 is now the new major upside resistance zone! The current correction met the 204/195, 161/159 and the 129 downside Cloud Chart targets!

Dow Jones Industrial Index: Fighting hard to break out past key Cloud Chart resistance zone!

 Dow Jones Industrial Index: Fighting hard to break out past key Cloud Chart (CC) resistance zone! 

The weekly CC looks rather risky from a CC resistance point of view! 

Critical week ahead for a strong high volume breakout past these resistance levels! 

On the daily CC the DJI is fighting to maintain support at the top end of the CC. The 33333 front cloud resistance zone seems to be a critical resistance zone to get past! Price action above the cloud is bullish and offer swing trade opportunities if support holds at the top end CC zone!

Downside risk to the bottom end of the cloud for Q1! 

S&P500 Index Futures Fighting hard to rebound from bottom end Cloud Chart support zones!: 3809/3855! Upside resistance at 3920/3926 to 3993!

 S&P500 Index Futures Fighting hard to rebound from bottom end Cloud Chart support zones!: 3809/3855! Upside resistance at 3920/3926 to 3993!

As long as the S&P500 trades above the bottom end of the cloud the CC is bullish for now but with added risk since price action is not totally clear of the cloud.  If the S&P moves below the bottom end CC level of 3809/3839 and trades below the CC then the outlook will be bearish. 

So far the S&P500 index is fighting hard to remain above the key CC support zones!