GAP filled ... let's fill the GAPS Thank you Mr. FED !
Tech earnings are OUT ... Robinhooder's are IN You know the drill ...
May contract gone wild ... expect the same case to follow
SELL in MAY ... will be the TELL next
The unfilled GAP from end January drop has just been filled ... The market "strenght" is marked with divergence ... The Double TOP is visible while the rest of US markets ( S&P / Nasdaq / Russell 2000 ) are not able to hit new All Time Highs and even dropping already. Not mentioning divergences between rest of the world indexes - EM / EU and Asia especially. SL...
DX is getting closer to its highest level this year and above October 2017 highs ... Formation is clear ... $ is KING ?! This would be very damaging to STOCK markets and supporting BOND market on the up side. Be prepared ! Good Luck !
The remaining unfilled GAP have just been filled ... Go short with SL above ATH Good Luck !
Dot.com bubble from 2000 was just the prelude what we can see this time ... The ONLY US index making new ALL Time High is a HUGE divergence sign FAANGs are the only ones holding this up - what can happen when they will crack ( see FB already after hours ) we can just imagine. Go short with SL above ATH Good Luck !
Russell 2000 was the strongest index when DOW / S&P were weak ... but not any longer Divergences are flashing RED GO short with SL above ATH Good Luck !
Divergences no.1 + no.2 on Nasdaq + Russel 2000 poiting to an END of the BULL market since 2009 lows What should come next is : DEATH CROSS as 50MA will cross 200MA soon END of MAY ... SHORT this way Good Luck !
This is the only market which at this time makes new AllTimeHighs ... divergence no.2 Below 1615 you can bet it was Flase B/O and go full ahead with SHORTS , or start now with some reasonable SL. Good Luck !
This market was the only one which made new AllTimeHigh back in march - divergence no. 1 sharp pull back and now recovery in big trouble , as MAY has come to an END. What should you do now ? Go AWAY ... or SHORT all the way. Good Luck !
Three Falling Peaks is a very powerfull reversal formation ... SELL as high as you can today ! SL above third PEAK Good Luck !
Can you spot any difference ? Good Luck ... to us all !
Can you spot a difference ? Good luck ... to us ALL !