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

SP-500 ($SPX) daily

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

 

–

SP-500 ($SPX) weekly

• (+) Theoretically, a run to 9.

 

–

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.

 

–

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

S&P 500 ($SPX) daily

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

 

–

S&P 500 ($SPX) weekly

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

 

–

S&P 500 ($SPX) monthly

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

 

–

Twitter ($TWTR) daily

• (-) More downside from here.

 

–

Twitter ($TWTR) weekly

• (-) A top here.

 

–

Twitter ($TWTR) monthly

• (! -) Overextended.

 

–

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)

 

–

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

 

–

 

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

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%.

 

 

–

–

Uptrend continuation for $SPX | #markets #trendfollowing

S&P-500 ($SPX) daily

• (+) Above the trailing-stop (risk = 2.61%)
• (+) The second day of a positive S-oscilator crossover

 

–

A 3D (confusing) market view | $SPX $SPY | #market #trendfollowing

S&P500 ($SPX) daily

• (+) Tired with positive signs.

 

–

S&P500 ($SPX) weekly

• (-) 3,000 and it is over.
• (+) Strong probability for the S-oscillator to turn up.

 

–

S&P500 ($SPX) monthly

• (+) Positive S-oscillator signal.
• (!)  Possible diamond formation (negative bias) if a lower high is formed.

 

–

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

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.

 

–