$SPX It’s not over until it’s over | #markets #trendfollowing #trading #heikinashi

Why the rally still has legs.

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S&P-500 ($SPX) weekly

• (!)   Near exhaustion
• (+) A generous trailing-stop 10% below the close

 

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S&P-500 ($SPX) daily

• (+) 61.8% retracement has been penetrated.
• (!) Next resistance: December and November highs

 

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S&P-500 ($SPX) daily

• (!)   In the red zone (9)
• (+) Enough room until the daily trailing-stop hits.

 

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How attractive is $AAPL today? $SPX #markets #trendfollowing #heikinashi

Apple ($AAPL) daily

• (+) In uptrend (longer up segments in blue than those in retracement).
• (+) Above the trailing-stop
• (-) haDelta is negative and this retracement should last (hopefully not hitting the stop)

 

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Apple ($AAPL) weekly

• (+) Heikin-Ashi at its best.
• (!-) Unfortunately, haDelta is very near high historical levels. In translation, $AAPL will hit resistance and later, reversal.

 

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Apple ($AAPL) monthly

• (+!) Positive but cautious.
• The buy-stop is @204.20 almost 20% from here.

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$MJ, a #cannabis play | #markets #trendfollowing #heikinashi $WEED,CA $CRON $TLRY $ACB $ACB.CA $GWPH

Alternative Harvest ETF ($MJ)  daily

• (!) @resistance. Wait.
• (+) Uptrend.
• (+) 10% to stop-loss. Easy to digest?

 

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Alternative Harvest ETF ($MJ)  weekly

• (+) Positive haDelta signal.

 

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Alternative Harvest ETF ($MJ)  monthly

• (+) Room to go to $43.

 

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Weak positives for #silver $SLV | #metals #markets #trendfollowing

Silver ($SLV) daily

• (+)    Solid bottom followed by an uptrend
• (++) Breakout at support
• (!)  Price is near resistance @14.90-15
• (!)  haDelta at the resistance displayed during the uptrend

 

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Silver ($SLV) weekly

• (!) Trying to break out above the downtrend resistance. Tough.

 

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Silver ($SLV) monthly

• (-)  Massive downtrend
• (+) haDelta positive signal

 

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$HEAR looks fine, but not enough | #markets #trends #trendfollowing #heikinashi

Turtle Beach Corp ($HEAR) daily

• (+) Nice pop-up last Friday.
• It needs to overcome the buy-stop and a positive S-oscillator crossover.

 

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Turtle Beach Corp ($HEAR) weekly

• (+-) Positive, with a question mark from the oscillator.
• (++) Positive divergence Price :: S-oscillator. Probably consumed.

 

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Turtle Beach Corp ($HEAR) monthly

• (-) Negative for investors.

 

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$AMZN time | #heikinashi #trendfollowing #market #Amazon

Amazon ($AMZN) daily

• (+) haDelta suggests a bullish crossover near and above zero (strong trend)

 

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Amazon ($AMZN) weekly

• (!) @resistance
• (-) Still below the buy-stop @1,732

 

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Amazon ($AMZN) monthly

• (+) Positive haDelta signal.

 

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One flower doesn’t make Spring (yet) | $SPX $SPY $DIA $DJIA $COMPQ $QQQ

S&P-500 ($SPX) daily

• (!) The S-oscillator is near the top.

 

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S&P-500 ($SPX) weekly

• (-) The S-oscillator is still damaged.

 

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S&P-500 ($SPX) monthly

• (-) The long-term picture is negative.

 

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