looks to be setting up an inverse head and shoulders on the 15 and 1 hour. Momentum is lining up well and we are at a solid bounce zone for profit taking from the swing down. looking to at least get the 4373.75.
XLP is coming up to a potential top with a morning star starting to for on 24hr. Looks to be forming a broadening top as well. pushed up to a nice fib level for potential reversal with strong selling volume at the top. Momentum is drying up on the 1 hr and 4hr as well as multiple bearish divergences
MCD could be in the early stages of developing a head and shoulders into earnings. not looking to enter anytime soon but will be monitoring MCD as we approach earnings. Not Financial Advice
NKE looks to have topped already. pattern i showing a move low. would like to see the trendline and 38 break for confirmation Not financial advice
NFLX looking like a good dip buy rn multiple multiple patterns setting up. i would like to see it base here with potential slippage 576.69 to 566.24. let momentum come back into the stock and let the curl show you. i am okay paying more for confirmation. Not financial advice
LLY forming a nice harmonic that i would like to see pull back don to the trendline in the rising wedge.lots of divergence on higher time frames. the move has already started so maybe look to try and see a pop to go back in short. Not financial advice
Sna seems to be bottoming here alot of bullish divergences happening. want it to base above thee 114 and even the 236 in order to take it long. Let it accumulate here and let momentum come back into the stock in order to take the trade Not financial advice
overall i am short bias on FB into earnings. Looks to be forming two broadening pattterns both potentially on their 5th leg which should bring the stock down. Not financial advice
seems to be that IWM is stuck between the 38 and 50 wouldnt look for anything until one breaks i personally would like to see a move higher Not financial Advice
UNP is sure going to need one hell of an earnings to push this thing up. looks to be on the 4th leg of a broadening pattern with bearish divergence. Not financial advice
drew this chart up Sunday looking for a short but it broke my trend line to the upside Not financial advice
seems to be forming a rising wedge with timing aligning it up into that 113 i would ideally like to see it tap that and start to break the bottom trend line to bring it down, Nice divergences setting in as well not financial advice
seems to be createing a broadening pattern which is outlined by the trendlines and and 5 orange waves. lots of bearish divergence going on as well on the 1hr and 4hr outlined by trendlines on indicators and circles on candles. my first target would be the 38 and depending on the timing move down the trendline to see where it intersects with with a fib. if it comes...
the 38 area need to continue being a base for move up (cant sit here much longer) break 38 likely deeper pull back and more consolidation
decent setup to pull COST down a little on profit taking Not Financial Advice
looking for a short set up in Pep Not financial advice
looks like SLB is forming a beautiful pattern with good momentum behind it. I like how it has crossed and closed over the down trend, but the 38 is sitting just above. I would rather wait for it to base over the 38 then to take it now. Not financial advice