SPX 30 min chart shows a megaphone/flag continuation pattern. Bounced off trendline support today. More bullish than bearish short term.
Longer term approach. Looks ready for next leg up. Very likely above 305 by end of this year.
With markets resuming their uptrend and S&P/DOW playing catch up, financials/banks might get a push. COF looks ready for a breakout.
Daily Chart has been coiling all year. Break of 218 should send stock towards 225-230 area. Notes on chart.
Long play on WUBA, coiling nicely and looks ready to go. notes on chart.
MU Hourly Chart - Possible Long Play - Inverted Head and Shoulders look - Notes on chart-
BA Daily Inverse Head and Shoulders pattern on daily. Break of 340 should run this up to 360s. Notes on chart.
Short week, but not a normal action with the indices being whipped around 1% very easily. Caution warranted, unless weekly SPX chart breaks 2680 ish, looking for bearish continuation.
Long setup on hourly chart with a cup and handle look. Notes on chart.
Potential Long if 267 area breaks and holds. OnBalanceVolume (OBV) indicator showing a weekly falling wedge pattern. Notes on chart.
WLL Cup and Handle pattern on daily. Just broke out. Wait for retest to 31-32 area to enter. Notes on chart.
PYPL Head and Shoulders Pattern on Weekly Chart. Close below 20 week MA past 2 weeks. If neckline breaks, stock should move towards 60.
Long play on COST Daily chart - Coiling nicely - Notes on chart
ABBV below 200 day sma, triggers short on horizontal support break around 88. Market permitting. Notes on chart. Looks vulnerable here.
After a couple of indecision candles, break of Friday's low should take this lower. Notes on chart.
UVXY - which essentially is a short-term VIX futures ETF, looks like wants to cross the 200 day and close above soon. Notes on chart. I'm long this via UVXY 21 calls. Had a run up to 21 today and pulled back. Hopefully next week! Another way to hedge against a falling market.
Looks bearish in many angles. Of course, weekend news risk can reverse the trend. Technically many bearish signals. Notes on chart. POTUS tweets unaccounted for in this analysis.
Bias has changed short term to bullish after today's downtrend line break. Notes on chart.