William-trading

William-trading

Dominant trend is still bullish BUT the technicals shows an incoming bearish correction.

William-trading

RSI bearish divergence and Tweezer top signify a pause in the bulls. However, buying pressure will be back after hitting the demand level.

William-trading

Sip your latte while waiting for the bullish demand to fill up. Bullish divergence is the key

William-trading

Head and shoulder formation is looking to break the neckline resistance. Supply zone highlighted is a desired are to place shorts

William-trading Updated 

MCD bullish run is still strong and it may continue to extend to 323.6% of the Extension level. Piercing line and bullish flag formation is the confirmation.

William-trading Updated 

Kimberly Strong bullish move may be heading into an correction as the stock is currently in the D wave. Bearish engulfing strengthen the call for strong bearish movement

William-trading

United Parcel may be entering into a phase of correction as the signs are aligned for the bears. First up, the long legged doji at the supply zone is a sign. Sellers may be kicking in in large numbers tonight. Rising Wedge formation. Potential overbought crossing The buying gap is still hollow, perhaps price may stage a strong rebound there.

William-trading Updated 

LMT has been a raging bull for a period of time and based on the technicals, the stock is believed to be heading into a bearish correction towards the indicated support level. -Rising wedge formation - Bearish engulfing at the TOP of the trend - Stochastic overbought - RSI bearish divergence

William-trading

USDCAD has been ranging for a period of time and i think is time that price starts to move higehr before a grand sell off

William-trading

American airlines may poised for a bullish take over as the chart shows bullish divergence and overbought. On top of that, the Falling wedge and Bullish Engulfing is taking shape as well.

William-trading

GBPUSD might have a rebound towards the upside. However, it may just be a correction. The dominant trend is still bearish

William-trading

Apple has been range bound for the whole of August and now the 4hr chart suggest a strong indication of selling as the stock is near the suppy zone at 78.6% of the Fibonacci area. Also, the falling wedge suggest a strong reversal signal.

William-trading

Classic Dow theory suggest a downtrend ahead and the outlook may look gloomy as the Transportation has not been making new highs and instead it makes new low. Beside that, there is a high probability that the transportation will break the diamond top pattern.

William-trading

Gold has a diamond top formation and this may signify a strong bearish correction ahead towards 1450 region.

William-trading

we believe that the market is slowly unfolding the bearish side of the index. It will be a prolong ranging within the triangle.

William-trading

We are looking at short selling at 78.6% and 88.6% of the range. Good risk and reward ratio too.