As a market leader, NASDAQ:AAPL running out of steam should foretell what will happen with the markets as well. They seem tired.
No sell opportunity yet. Waiting on bearish price action near all time high. Potential sell to $16500 looks possible.
The leading indicator has already pointed out exhausted bullish. Technically talking we all can see dxy has extended a lot high due to some past week greenback power over most of its counterparts. Last week it was an almost risk-off market situation where safe haven did most well and the case dollar been dragging most of its counterpart creating some bullish...
Big Day for BTC Toasted 4hr RSI levels, potential H&S Continuation, Limited volume. Feels like a short with a tight stop. Potential entry on breakdown: Entry 6945 Stop 7154 Target Sub 6.
Today, Pivot point is at 8151. Below the Pivot point, there is a bearish scenario, above a bullish one. Fluctuating around Pivot point means an undecided scenario and a sideways movement. The current upmove did not yet reach the target of 9000. However, is it already exhausted? Right now, the market price of BTCUSD is undecided and fluctuating around Pivot point.
This is looking interesting. Not much to say: RSI divergences developing, with the stock down 45% since March. The selloff seems fairly exhaused. Nice risk reward, if you put a stop at 4.79 and target at 5.27