It seems like BA is sitting at the bottom of the upper channel. A breakdown will fall back into the trading range from the last year or so. The unreleased guidance will determine where to go next.
If history repeated itself, COP could be forming a handle. Expecting a deeper pullback in the intermediate term.
mentioned earlier UNH would bounce, and i think the bounce is over. down trend targets labeled.
Downside target reached, but most hold 215 by the end of the week Else not looking good
$XLF managed to reverse after filling the gap. Now it is on its 6th attempt to break over the 200ma
As long as it is still trading above 121.. there is a chance that this breakdown can be bought up again.
It is premium killing to the madness
I don't see any slow down after the newest GDP data. It is approaching the first resistance. Still longing $TLT, shorting $DXY
$JNJ is possibility developing a bear flag. the low will be tested if it brokedown
Let's see if $spot can hold the current level 131..if not, it may test the dec low.
DXY/TLT is showing a breakdown below the weekly 200SMA. Estimate target is 0.72. Hence I am called a dollar top here..at least for the first half of 2019.
The street is holding up the market by pulling $aapl to the roof. Let's see the potential level.
This is a setup for a further breakout. 122.67 then 128+ Let's see how this close for the week.
it is falling into the trend zone that the weekly 200SMA could be the bottom
TLT printing an inside week. If can close above 120.8. Next week likely to push higher and test the uptrend again. Still aiming weekly 200sma 124 as the target.
Downside target if amzn cannot hold 1570
$BA pull back, new high then correction!