$ADBE: Buying higher, selling higher #markets #trading #Adobe #technicalanalysis #trendfollowing

Adobe ($ADBE) daily

• (+) Uptrend (higher highs, higher lows)
• Entry long @232 (above March high)
• Stop @208 (April low)

 

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Adobe ($ADBE) weekly

• (+) Uptrend with a clear trailing-stop.

 

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Adobe ($ADBE) monthly

• (++) Superb uptrend. Stop (risk) at 16% below current level

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A triangle. A *descending* triangle. $SPY $SPX $DIA $DJIA #markets #trading #investing #heikinashi

$SPY weekly 

 

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$TSLA, a falling knife #Tesla #markets #trends #trendfollowing #trading #investing #cars

Tesla ($TSLA) daily chart

• (+) Speculative, falling knife.
• (+) A bounce (reaction) is in the works, but…
• (-) Technically, $TSLA is damaged.
• (++) $HOPE is always there as a support like for $BTC.X  and other cryptos in the past and now.

 

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Tesla ($TSLA) daily chart

• (-) RSI-Laguerre is way below 0.50.

 

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Tesla ($TSLA) weekly chart

• (-) Since July 2017, lower highs, lower highs = Downtrend.
• (-) Bearish.

 

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Tesla ($TSLA) monthly chart

• (-) Past behaviour does not grant the same behaviour in the future.
• (-) Indicators are below bullish thresholds.

 

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The start of the rollover $SPX $SPY $DIA $DJIA #markets #heikinashi #trading #money #trendfollowing

S&P-500 ($SPX) daily

• (- -) Visually, obvious. Any reaction will die at the resistance line (orange).

 

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S&P-500 ($SPX) weekly

• (!) A new low below the February low will weaken the uptrend.

 

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S&P-500 ($SPX) monthly

• (!) The long-term support (trailing-stop) is on watch. Once broken, the rollover gets a strong confirmation.

 

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Why the #cryptocurrencies are a falling knife now $BTC.X $ETH.X $LTC.X #bitcoin #ether #ethereum

As long as *fundamental positive* news will be non-existent,

the established downtrend continues with reactions far smaller than the downtrend segments in-between.

Reactions are selling opportunities.  A classic falling-knife behavior.

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Bitcoin/USD ($BTC.X) daily

• Support @$6,000

 

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Ether/USD ($ETH.X) daily

• One support, broken. Two more to go.

 

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Litecoin/USD ($LTC.X) daily

• Support @$100.

 

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#bitcoin, trends, filters, and stop-loss $BTC.X $ETH.X $LTC.X

Bitcoin/USD ($BTC.X) daily

• Downtrend highlighted by a bandpass filter (pane #3).
• The filter adds trend confidence when haDelta offers whipsaws.
• haDelta points to a reversal that needs to be confirmed by the bandpass filter (BP).

 

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Bitcoin/USD ($BTC.X) weekly

• Here, the bandpass filter (pane #3) has a positive slope, but…
• haDelta points to a reversal at zero.
• Best is to wait for haDelta action.

 

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Bitcoin/USD ($BTC.X) monthly

• A downtrend highlighted both by haDelta and the bandpass filter (panes #2 and #3).
• The month is not over yet (technical indications may change).

 

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More selling, less buying $SPX $SPY $DIA $DJIA #markets #trading #investing

S&P-500 daily

• (+-) Consolidation with a negative bias
  • (-) The close is near the recent low and very far from the January top
  • (-) The close is below the Ichimoku cloud
  • (-) Chikou-span is below the price

• (+) S&P-500 is resting on support (subchart #2)
• (+-) haDelta may turn above its average (subchart #3)