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

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.

 

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SP-500 ($SPX) weekly

• (-) Nothing looks positive here

 

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SP-500 ($SPX) monthly

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

 

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Optimism, realism or pessimism? *You are the judge! #markets #heikinashi $SPY $SPX $DIA $QQQ

S&P-500 chart (Monthly)

 

$SPX, is this a crash warning? #markets #heikinashi #crash #trendfollowing

SP-500 ($SPX) daily

• (!-) The Turbulence Index, which measures the activity of several asset classes, is at a value not seen since 2008.

 

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SP-500 ($SPX) weekly

• (!-) The Turbulence Index is at a value not seen since 2008.

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SP-500 ($SPX) monthly

• (!) TI still at reasonable levels. The monthly timeframe is the most delayed of the three here.

 

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

How much can the market stay stretched?

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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.

 

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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.

 

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S&P-500 ($SPX) monthly

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

 

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Is the #market stretched? | #heikinashi #trendfollowing $psyline #trading

SP-500 ($SPX) daily

• (!) Short-term 9 is a warning level.

 

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SP-500 ($SPX) weekly

• (+) Theoretically, a run to 9.

 

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SP-500 ($SPX) monthly

• (+) In a bull market, a long-term 9-level is not an indication of a top, but of a trend continuation.

 

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$SPX, $TWTR, a #heikinashi #trend perspective | #markets #trendfollowing #twitter

S&P 500 ($SPX) daily

• (+) S-oscillator.
• (-)  Short reaction.

 

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S&P 500 ($SPX) weekly

• (!) Sitting on the trailing-stop.
• (-) Room for more downside.

 

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S&P 500 ($SPX) monthly

• (!) Unstable high position (S-oscillator).

 

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Twitter ($TWTR) daily

• (-) More downside from here.

 

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Twitter ($TWTR) weekly

• (-) A top here.

 

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Twitter ($TWTR) monthly

• (! -) Overextended.

 

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

S&P-500 ($SPX) monthly

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

 

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Tesla ($TSLA) daily

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

 

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Tesla ($TSLA) weekly

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

 

 

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Tesla ($TSLA) monthly

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

 

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