Effler

Effler

Seeing head and shoulders everywhere...Not sure the significance of it, buuut you might want to put a helmet on... just a thought

Effler

Possible head and shoulders pattern forming for the Dow. Could get ugly

Effler

Trying too hard on this one? Most likely. Seeing the biggest banks/financials/Transports, on the planet. JPM, GS,WFC, C, BAC, IYT, VTHR having head and shoulders patterns

Effler

WFC Head and shoulders pattern. Currently seeing it everywhere,the biggest banks/financials/Transports, on the planet. JPM, GS, BAC, IYT, VTHR

Effler

Head and shoulders pattern established for Citi. Is for the biggest banks/financials/Transports, on the planet. JPM, GS,WFC, BAC, IYT, VTHR. Seeing it everywhere

Effler

JPM's rate of change has already been breaking down. Now, it looks like a possible head and shoulders pattern has emerged. If it breaks to the downside, look for a knees then toes pattern next! BTW, If this guy breaks down, EVERYTHING breaks down... Cant have a bull market without financials

Effler

Rate of Change for lumber is continuing to break down and doesn't show any signs of life. If she doesn't recapture .854 extension soon, expect the breakdown to continue.

Effler

WTI Struggled to maintain support at the .618 ROC extension. Isn't looking too good for oil unless it can reclaim .618.

Effler

XRT is on the precipice of breaking down. If it cannot maintain its price above the .5 extension, it looks to try and find support at the .618...

Effler Updated 

AMZN is currently in a viscous rate of change retracement and is showing NO signs of slowing down. I wouldn't be surprised to see it testing a .764 support soon.

Effler

ETHUSD is still in a pit of misery, barely clinging on to it's .864 retracement. Will it gain support and extend to the .764?

Effler

Don't let the recent bounce fool you, Bitcoin is still meandering in an incredibly poor .764 rate of change retracement.

Effler

AAPL has been holding it's .214 support, but with consistently lower highs and lower lows, it doesn't look too promising for this rotting fruit.

Effler

Alphabet is trying to hold it's .382 rate of change. It's weakening RSI indicates a further retracement in rate of change.

Effler

TSLA has had a consistent rate of change decline and looks to continue the slide. Look or a breakdown below the .764 retracement as confirmation of a continued rate of change decline.

Effler

KRE is continuing to breakdown. The penetration through the .618 level and confirmation below it indicate more downside to come...

Effler

KBE's rate of change has declined in a dramatic fashion...Obviously...Judging by the .618 penetration and confirmation below, it looks like the decline is far from over...

Effler

Although XLC has been trending up since November, it has failed to increase its rate of change. It continues to find a ceiling at the .764 threshold...