Cryptocurrencies report $BTC.X $ETH.X $LTC.X #cryptocurrency #trading #heikinashi #markets

Bitcoin/USD ($BTC.X) daily

• (!)  Fragile
• (+) Sitting on 8,472 support
• (+) Heikin-Ashi inside pattern
• (+) Short but weak reversal haDelta signal
• (-)  Weak signal because it’s generated deep in negative territory

 

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Ether/USD ($ETH.X) daily

• Bitcoin dependency
• (+) Higher highs, higher lows
• (!) The negative bias will be confirmed with a close below the May low

 

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Litecoin/USD ($LTC.X) daily

• Bitcoin dependency
• (-) Broken higher highs, higher lows pattern
• (-) Broken support. Next buy-stop above 170.63.
• (-) Broke the low at the start of May

 

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Green, Orange, Orange $SPX $SPY $DIA $DJIA #markets #investing #trading #heikinashi

The Orange status points to a transition from red to (light) green.

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S&P-500 ($SPX) daily

• (-)  Inside a descending triangle with a bearish bias.
• (+) Obvious resistance levels.
• (+) The Heikin-Ashi combined chart displays a green status.
• (+) A higher low (May vs April).
• (!)  For a higher high as a confirmation of an uptrend from the April low, wait until above the April high.

 

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S&P-500 ($SPX) weekly

• (!) Orange status.
• (!) At support.

 

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S&P-500 ($SPX) monthly

• (!) Orange status.
• (!) Support @2,542 (-4.53% below the current low)

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Getting the market pulse $SPX $SPY $DIA $DJIA | #trends #technicalanalysis #heikinashi #trendfollowing

• Count the number of the S&P-500 stocks that meet oversold/bought criteria based on two technical measures
• Plot this number in different time frames
• Daily and weekly charts react best to +/-300 levels (+ in uptrends, – in downtrends)
• Monthly charts react best to +/-400 levels  (+ in uptrends, – in downtrends)

 

S&P-500 ($SPX) daily

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S&P-500 ($SPX) weekly

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S&P-500 ($SPX) monthly

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$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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