AftabAli

AftabAli Updated 

As much as I've wanted to see the US markets collapse, it appears that we may get one more thrust up. Bullish divergences are beginning to appear on the weekly charts with MACD posed to make a bullish cross-over. Without a sharp downward thrust in small stocks this week, in conjunction with volatility expanding, probability is beginning to favor the upside in the...

AftabAli

Probable back fill of the gap on the daily chart to roughly $314. Clean bullish divergences on the RSI and MACD to support back fill scenario.

AftabAli

Bullish divergences (MACD & RSI) on the daily charts. Energy sector also expected to outperform as inflation expectations accelerate. Price target of $31.65.

AftabAli

Reverse long to short.

AftabAli Updated 

Quick bounce to the top of the August trading range

AftabAli

Overbought garbage with MACD and RSI divergences on the daily charts.

AftabAli

Straightforward H & S reversal. Downside confirmed with negative divergence on MACD and RSI.

AftabAli

Unbelievably crowded trade. Break down and back test of trend line on logarithmic chart. Short this cash-burning garbage.

AftabAli Updated 

MACD and RSI bullish divergences. Putting this on to hedge US Tech short positions.

AftabAli

Targets listed; Good hunting!

AftabAli

Reversing long to short.

AftabAli Updated 

May get a bit of a bounce before the next leg down...

AftabAli

Short this garbage.

AftabAli Updated 

Immediate term oversold. Reversing short to long.

AftabAli

Intersecting trend lines resulting from regression uptrend against 2007 top. Impulsive rejection will likely yield a move down to the 5650 level.

AftabAli

As inflation (measured by the CPI) accelerates into the back half of 2019, compression of real rates along with decelerating corporate earnings will put downward pressure on investment grade credit.

AftabAli

Great opportunity to sell the dollar before the July FOMC meeting where the Fed will begin the next rate cutting cycle. Since interest rates are the cost of money, as rates are cut the dollar will fall.

AftabAli

This chart has an incredible amount of technical damage and the fundamentals are also very poor. At a high level, this company has been passing satisfactory dividends at the expense of shareholder equity erosion and has seriously damaged the long term health of the company's balance sheet through leverage. Now this over-levered nonsense is cutting off the 737...