$TSLA and $SPCE, a #heikinashi trend view | #markets #trendfollowing #Tesla #Virgin

May 17, 2020 Comments off

Tesla ($TSLA) daily

  • (+) Cup-and-handle pattern. $TSLA will ho higher.
  • (+) 15% above trailing-stop.


Tesla ($TSLA) weekly

  • (+) Positive (haDelta).


Tesla ($TSLA) monthly

  • (+) Positive.


Virgin Galactic ($SPCE) daily

  • (!) Consolidation with a positive bias (haDelta + haOscillator).


Virgin Galactic ($SPCE) weekly

  • (-) Negative (haDelta + haOscillator).



$VIX negative short-term, but… | #markets #heikinashi #trendfollowing #volatility

May 10, 2020 Comments off

Volatility index ($VIX) daily

  • (-) Expected to go lower.


Volatility index ($VIX) weekly

  • (!!) Ready to reverse.


Volatility index ($VIX) monthly

  • (!) Technically, a top. (Note: S-oscillator is a delayed indicator.


CandleVolume charts, the complete picture of any rally/downtrend | $SPX $SPY $TSLA $AMZN $QQQ | #markets #heikinashi #amazon #tesla #trendfollowin

May 3, 2020 Comments off

(note: the time axis is shifted to the left for candlevolume chart)

Amazon ($AMZN) daily

  • (-)  Moderate selling
  • (+) The fall from the February highs was unconvincing (narrow candles = low(er) volume)
  • (!)  A megaphone formation over the past 2 weeks (usually, bearish)


Tesla ($TSLA) daily

  • (-) Serious selling (wider candles) compared to the recent price evolution.


Nasdaq ETF ($QQQ) daily

  • (!)  Unconvincing rally from the low (narrow candles = low volume)
  • (- -) Serious selling during the fall from the February top
  • (!) During the uptrend September – February the volume-price candles were extremely thin (unconvincing)


Apple ($AAPL) daily

  • (!)  Unconvincing rally (narrow candles = low volume)
  • (- -) Serious selling (wide candles) during the fall from the March top


Going lower, slowly $SPX $SPY $DIA $DJIA $QQQ $COMPQ #markets #heikinashi #trendfollowing

April 5, 2020 Comments off

S&P-500 daily

  • (+!) haDelta is still above its average but ready to turn lower just below zero. 


S&P-500 2-days

  • (-) Negative


S&P-500 3-days

  • (- – ) The worst chart: haDelta crossing below its average, at zero. Strong downtrend ahead. 


S&P-500 4-days

  • (!) Signs of an haDelta failure.


S&P-500 5-days

  • (+) Positive.


(Charts generated with TC2000 software)

Categories: heikin-ashi Tags: , , , , , ,

Avoid #MACD for now! $SPX $SPY $DIA $DJIA $QQQ $COMPQ #heikinashi #markets

March 28, 2020 Comments off

SP-500 ($SPX) daily

  • (-) Bullish MACD is a good indication, in uptrends, when most signals are in positive area (above zero). Here, in a clear downtrend, the signal is well below zero. Its reliability is extremely weak. Avoid it.
  • (-) The ten-day average is outside the normal positive range.
  • (-) Heikin-ashi candle-inside-candle = Pause.
  • (-) haDelta (not shown here) triggered a sell signal at the end of Thursday.


SP-500 ($SPX) weekly

  • (-) Nothing looks positive here


SP-500 ($SPX) monthly

  • (!) Waiting for more downtrend.
  • (!) Below zero, the Hell breaks loose.


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