GregTheAnalyst

GregTheAnalyst Updated 

Typical pattern, longer trend broken, NFLX dropped 80% from its peak and now full retest to the trend. (M)MA50 is important MA, so far market retested broken trend and dropped below (M)MA50 which is 412$. Looks like "dead-cat" bounce.

GregTheAnalyst

Looks like Disney is totally done. Last breaks below (M)MA200 was during yield-curve heavily touching high levels signaling end of recession. Now it broke (M)MA200 with yield-curve just inverted! 40$ levels next.

GregTheAnalyst

Salesforce moved finally below (M)MA50, this is important move. Couple months it was distributing stocks after fake break above (M)MA50 and finally broke below.

GregTheAnalyst

Let's see if DXY is going to find support here level 103 is a key one. Level around 102 is a bit of overshooting.

GregTheAnalyst

IXIC is the weakest index adding gravity to the rest of indexes. Since 13 weeks it's not able to jump up above (W)MA200. The longer you stay below (W)MA200 the less chances you have to jump above it. Last sustained break of IXIC below (W)MA200 was September 2008

GregTheAnalyst Updated 

Market trapped with 1 candle above (W)MA200, now opens below it.

GregTheAnalyst

After huge rally it seems XOM makes a huge megaphone pattern which now seems to be resistance. Oil has already dropped a lot, but oil stocks are still in the fantasy?

GregTheAnalyst

After super hyper parabolic run, this move up looks exhausted and might place potential double top.

GregTheAnalyst

DJI has problems passing this bold black trend line since months, possible level of rejection and trending again towards (M)MA50

GregTheAnalyst

TSM makes huge almost 40% rally to retest (W)MA200 after a break. Usually biggest plunge happens after (W)MA200 retest - after a long break which has happened? It rallied towards (W)MA200 exactly after exposing Buffett's news.

GregTheAnalyst

Tesla overshot its channel by miles. Natural path and gravity will push it back towards it. As lots of stocks declining Tesla won't survive raising rates, inflation etc.

GregTheAnalyst Updated 

Possible long TLT and bottom. RSI super oversold on (D) even 17. Everybody is record short $$$ and record short UST and long reflationary trend and inflation. It's not constant, time for some deflationary move and flip. Sustained break and closed on weekly below 134$ gives us a right to claim TLT will drop further to 118-120$ to lower channel.

GregTheAnalyst

Looks like short opportunity.

GregTheAnalyst

Just like AMD, NVIDIA is totally resistant on any declines. Looks like it approaches to retest its broken trend channel.

GregTheAnalyst

AMD is one of those key stocks that resists the bear to catch them, but the bear is IMO going to catch it very soon... Trying.

GregTheAnalyst Updated 

CLX looks super overshot in this region... Looks like nice short.

GregTheAnalyst

Looks like Netflix retested broken trend line now expecting move down.

GregTheAnalyst Updated 

Let's see how it'll play out, possible gap fill around 2100$, but try my luck...