jlb17ww2

jlb17ww2

Seems the market is about to make a tumble. Price is showing some bearish divergence and price action has tested a long term resistance level. I'm anticipating a 3% correction from the current price. Could be a good time to purchase VIX calls or SPY puts.

jlb17ww2

Bullish Gartley with bullish divergence, and price is approaching a significant support zone.

jlb17ww2

Bullish Cypher with bullish divergence.

jlb17ww2

Bearish Gartley with bearish divergence.

jlb17ww2

Bearish Shark with bearish divergence.

jlb17ww2

Bullish Gartley with bullish divergence.

jlb17ww2

bullish shark with bullish divergence.

jlb17ww2 Updated 

Bearish Bat with bearish divergence (forming) and price is about to rebound off of a significant trendline.

jlb17ww2

Bearish 5-0 pattern with reverse bearish divergence.

jlb17ww2

Bearish Butterfly with bearish divergence.

jlb17ww2

Healthcare is showing some weakness on the weekly time frame... It has formed a large bearish Cypher with an internal bearish butterfly. It seems some bearish divergence is starting to form too, which could indicate a shift of momentum to the downside.

jlb17ww2

Bullish Gartley with bullish divergence.

jlb17ww2

Bearish Shark with bearish divergence.

jlb17ww2 Updated 

Bearish Bat with bearish divergence, with price hitting an old resistance level.

jlb17ww2 Updated 

Bearish Three Drives with internal AB=CD. The AB=CD is showing nice bearish divergence.

jlb17ww2 Updated 

Bearish Crab with bearish divergence.

jlb17ww2

Bearish Cypher with bearish divergence.

jlb17ww2

Well measured bearish AB=CD pattern with bearish divergence.