ChristieCapital

ChristieCapital

The AUD/USD pair gained ground on Wednesday as prices remain supported by a rising trend line inside a bullish channel. As long as the pair can remain above 0.6165 support look for a test of key overlap resistance at the 0.6685 level where X marks the spot. A break below 0.6165 may confirm declining trend line resistance in place since Dec 2019 and pressure the...

ChristieCapital

On Thursday, after market, Intel (INTC), is anticipated to report first quarter EPS of $1.28 compared to $0.89 a year ago on sales of appx. $18.8B vs $16.1B last year. Based on options volatility the expected move of Intel after they report earnings is 6.8%. The last time the company reported earnings the stock price moved up +8.1%. Looking at the chart from a...

ChristieCapital

Gold will likely test record highs if support can hold from the rounding bottom breakout.

ChristieCapital

TSLA breaks to the upside with a gap higher at the 50% retracement of the recent swing high and low during the Coronavirus pandemic

ChristieCapital

Wait for the breakout.

ChristieCapital

The amount of stocks in the SPX above their 200 day moving average is around 5% We are at 2009 levels.

ChristieCapital

Crude is on major support. Will it hold?

ChristieCapital

Intraday Head and Shoulder top on the SPY 15 min chart. Look for more downward pressure.

ChristieCapital

The S&P 500 is trending down towards its 200-day moving average. Look for a test before getting long. Be Patient !!

ChristieCapital

Good time to take profits as the S&P 500 has struggled to break past 75% resistance on the % of stocks in the index trading above their 200 day moving average.

ChristieCapital Updated 

Looks like the market is heading lower after US ISM Manufacturing PMI declined to 47.8 missing the 50 estimate for September compared to 49.1 in August, marking a 10 year low.

ChristieCapital Updated 

Disney breaks above a symmetrical triangle pattern on a weekly chart. Uptrend back in play.

ChristieCapital Updated 

SBUX breaks above the 200 day MA for a decent R/R trade to the upside

ChristieCapital Updated 

SPY getting into overbought territory?

ChristieCapital

This could be one of the greatest buying opportunities in a long time.

ChristieCapital

The number of stocks above their 20-Day moving average has hit 77% which is also a major resistance area. Do we get some selling pressure from here or break out?

ChristieCapital

Bottom triangle forming

ChristieCapital

Nasdaq index QQQ enters a buy zone after todays decline. Prices are on trendline support.