SPX has reached the trendline from October. An overthrow of the white trendline is probable.
In the short term a rocky road is ahead for a few weeks. With the trendline above, SPX is susceptible to a significant decline in the short term.
Daily
Sunday, January 27, 2019
Wednesday, January 23, 2019
Bitcoin - Ready to Pop
Bitcoin is likely to be consolidating for a pop next. Price has been holding in a tight range which typically occurs just before a stronger move.
A move up to test the red horizontal next is anticipated.
Daily
A move up to test the red horizontal next is anticipated.
Daily
Friday, January 11, 2019
$SPX - Selloff Imminent
SPX hit horizontal resistance, and the SPX model is showing a deep red weekly bar next.
Next week, SPX is on pace to lose the last two weeks of gains with an selloff. SPX support is located as shown.
60min Chart
Next week, SPX is on pace to lose the last two weeks of gains with an selloff. SPX support is located as shown.
60min Chart
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