If this market decline continous we have to ask the question if it will widen to a meaningful correction or not. In my other post I made a case for a long UVXY play. Question is how do you know when to take profits on any long UVXY trade? Actually this is simple and doesn't involve watching Price&Volume of UVXY. Just focus on the big stocks like FB, AMZN, GOOGL...
above the 20 SMA @ 768, may have another shot @ 800
The company has 0.5% of consumer spending in the United States are unlikely to shop will sell the house boats and trucks. Everywhere there is a limit. Expectations were high. But the reality is bound to come.
On RSI negative divergence at a fib extension target, invalid on a close above 777
Linderman " see's this www.tradingview.com Definitely something here. Waiting to see if we do get a nice pull back. Watch the hourly and short retests.
Algorithmic 5 dys forecast of the day This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
Technical analysis looks to be near a top - look for a 4 hour impulse to the down side and correction for a sell possible to the $650 range. Lets watch this one and see if it is finally ready to come down some.
Total portfolio results: correct prediction rate: 58% growth: + 6.8% — w/o leveraged products (e.g. cfd, options, …) — incl. 4 cents spread / transaction — stop loss = 1 ATR trading stocks stockmarket forex stocktrading swingtrading
This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
797/800 next R, support @ 775
Looking for a pull back on Amzn.. it can go up forever.
Bulls in control with rising RSI, needs more fuel with ADX
AMAZON will head for 585 once the ending diagnal is finished