Seems to be nearing an confluence of several major arc targets. Steep parabolic spike recently may not be sustainable. $STUDY $QQQ
Below this area is not a good thing.
The rest of you can throw tomatoes
Gold needs to get moving if it wants to present a bullish case.
178.43 is a likely spot for a bounce - Fibs from yesterday are still ruling price.
Could the $VIX be sneaking into a breakout on the weekly chart?
Confluence of resistances suggest potential for a reversal in the pair.
Below ~600 and this threatens to fall into the 200's - classic topping pattern.
Possibly a good spot for an intraday fade $STUDY
Last night I pointed out the reversal in the spoos - Ramp Capital at it again!
ES bounced off a long term trend line (green dotted) - we'll see if they can ramp it more overnight
If this turns out to be a bottoming formation - some likely near-term targets for dollar index ETF
it this $AAPL getting mealy again? Possible H/S - levels on chart #investing #trading $QQQ
it this $AAPL getting mealy again? Possible H/S - levels on chart #investing #trading $QQQ
Gold looks heavy today, can it hold the trend-line? $NUGT $DUST $GDX $GDXJ