Volume declining toward the top as there are no buyers left, Oscillators are at extremes, USA Today post about the stock market finally being investible after a 200% recovery, Gann and Fibonacci levels reached. We just have to wait and see how low it goes. Stay on your toes this may only be a sharp 10% pullback which may be followed by a June/July rise...
Breaking 118.67 will lead to a decline to 113.24
Buy apple after it breaks the hs neckline. you can buy before but be careful. Until it breaks the neckline there is no real pattern.
Silver and gold are approaching oversold. If this turns out to show support then look for a sharp rebound in the silver over the summer.
Don't try to pick tops but right at technical resistance. We just gained 10% in 2 weeks. You get .0015% interest in a savings account. Too far too fast...
Everyone thinks we're going to the moon. All indicators are at all time highs... Feels like a pullback soon.
Oscillators are all at over bought. Seem to be forming a HS top right at fib .618 so this is potentially the top of a C corrective wave or top of a 3rd wave... depending on the decline.
elliot wave and fibonacci bring us to the same levels
Top of a 5 wave trend, oscillators are at peak, we are at the very end of a rising wedge, volume is down, and now the big boys are starting to fall off cliffs.
Based on past readings of these oscillators Citi looks like its about to be taken to the wood shed...
No way we get a deal without a market sell off first.
Facebook has travelled really far really fast. Expect a sharp pullback which could be a good buying opportunity if you missed this rally. Also have strong volume as confirmation the breakout is real...
it carried above resistance and a $22.12-22.20 price target.
As you can see in the chart I think short term the euro could carry to 1.35 or so.. any upside past that creates great opportunites for a tramendous drop in the dollar's value relative to the euro. On the other hand by my simple teal blue line...support has become resistance and a failure at or before 1.35 could bring the euro back down significantly...I...
nice reversal for many reasons on low volume... the bottom of a 5 wave decline. the symmetry of wave i and v are great...wait for confirmation above the trendline and go long...
too much gain in too short a time period. definate correction here.
Waiting for a clear breakout long or short. 28 is solid resistance breaking through is a buy all day long... especially as this technology becomes more used. I saw for the first time a google payment system in macy's and a coffee shop. Mobile payments are coming and this is a great play on it. my thought is up "eventually."
Breaking the neck of 29.88 range is really bad for silver. based on these oscillators it's definately possible.