A #heikinashi long-term view of the #market $SPX $SPY | #trendfollowing #technicalanalysis #trends

SP-500 yearly chart

• (+) At first sight, the market is an uptrend.
• (-) haDelta is getting weaker.
• If 2019 will print a lower high than the one in 2018, then haDelta will fall under its short average and the 2018 top will be confirmed. And the bull market will end.

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A 3D view of $TSLA | #heikinashi #trends #Tesla #trendfollowing

Tesla ($TSLA) daily

• (+) Cup-and-Handle August-present
• $380 is strong resistance

 

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Tesla ($TSLA) weekly

• (!) Very strong resistance below $400 (4th attempt now)
• (+) haDelta is bullish

 

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Tesla ($TSLA) monthly

• (+) Higher highs and higher lows
• (!) Positive above $400.
• haDelta shows a possible top as $TSLA is approaching resistance.

 

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Is $BOX a buy? A 3-D #heikinashi view | #cloudcomputing

Not yet.

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BOX daily

• (+) Buy-stop triggered.
• (-)  At resistance
• (-) Lower lows, lower highs.

 

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BOX weekly

• (+) Positive divergence.

 

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BOX monthly

• (+ -) Signs of a reversal. Just signs…

 

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The market from different (technical) angles $SPX $SPY $DIA $DJIA $COMPQ $QQQ #markets #trendfollowing #heikinashi

S&P 500 weekly

• (-) The weekly (momentum) market breadth doesn’t show the strength to become positive. A failure at price support will start another downtrend segment.

 

 

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S&P 500 monthly

• (-) The monthly (momentum) market breadth is very weak, barely positive.

 

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S&P 500 daily

• (- -) Serious negative signal.

 

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A 3D #heikinashi view of $AAPL

Apple ($AAPL) daily

• (-) Clear downtrend
• (+) A reaction is expected
• (+) Long above 204
• Positive bias only above 210 high

 

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Apple ($AAPL) weekly

• (-) Damaged
• Long, only above 220.25 (buy-stop)

 

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Apple ($AAPL) monthly

• (+) Still bullish
• (!) Sitting near support @187

 

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Ready for the #seasonality rally? $SPY $SPX $QQQ $COMPQ $DIA $DJIA

A pullback first (subchart #3).

Monitoring the MACD signal (subchart #2)

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The market does look weak $SPX $SPY $DIA $DJIA $COMPQX $QQQ | #markets #heikinashi #technicalanalysis

S&P-500 ($SPX) daily

• (+) A reaction
• (-) MACD is still below its average, in negative territory
• (-) The close returned at the historical deviation from its 10-bar average

 

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• (-) Damage is done
• (-) Chikou-span is below the close and has a higher probability to remain so for the next (at least) 10 days
• (-) Ichimoku cloud is a huge resistance for the next 26 days (the close *must end above the cloud to change the bearish bias of the market)

 

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