Posts Tagged ‘MACD’

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.


High probability for a market correction $SPX $SPY #markets #trading #heikinashi #correction

February 23, 2020 Comments off

How much can the market stay stretched?

S&P-500 ($SPX) daily

  • (+) The previous price low at the end of January has not been hit (yet).
  • (!)  MACD is ready to issue a negative signal.
  • (-)  The daily 10-day average follows the rule: not higher that 1.5% from the price.


S&P-500 ($SPX) weekly

  • (+) MACD remains positive.
  • (!)  MACD indicator at chart highs.
  • (-) The daily 10-day average follows the rule: not higher that 4% from the price.
  • (-) A steep uptrend Oct-present. Too steep to continue.


S&P-500 ($SPX) monthly

  • (+) Impeccable uptrend.
  • (!-) The 10-month average is approaching historical resistance levels.


Swimming against the current, and losing | $SPX $TSLA $DIA $COMPQ | #markets #heikinashi #trendfollowing

June 2, 2019 Comments off

S&P-500 ($SPX) monthly

  • (-)  below the 10-month simple average
  • (–) MACD points to a negative future evolution (failure to go above the average)


Tesla ($TSLA) daily

  • (-)   lower highs, lower lows
  • (–)  it gave up more than 50% from its high
  • (-)   haDelta & its average are negative


Tesla ($TSLA) weekly

  • (-)  black #heikinashi candles since late 2018
  • (-)  haDelta & its average are negative



Tesla ($TSLA) monthly

  • (!) oversold
  • (!) near 2016 support



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

Market weakness $SPX $SPY: *one* technical view | #heikinashi #markets #trendfollowing

May 19, 2019 Comments off

Or why you should add Heikin-Ashi tools to your analysis and trading/investing.

SP-500 ($SPX) daily

  • The recent high is in response to the previous very visible top, in late September-early October. Tweets may have exacerbated the momentum. But technical remains technical.
  • (-) Although a delayed indicator, $MACD works.
  • (-) haDelta points to more downward pressure.



SP-500 ($SPX) weekly

  • (-) Lower MACD highs.
  • (!) MACD is ready to turn lower.
  • (-) “In haDelta I Trust!”
  • (-) S-oscillator is reversing from the top.


SP-500 ($SPX) monthly

  • (!-) MACD may reverse.
  • (-) “In haDelta I Trust!”
  • (+) Risk is 11%.



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

February 17, 2019 Comments off

Why the rally still has legs.

S&P-500 ($SPX) weekly

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


S&P-500 ($SPX) daily

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


S&P-500 ($SPX) daily

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


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