- Rank: 46
- Followers: 11
- Votes: 4
- Years Member: 7
- Last Update: 1 April 2020, 15:42
Categories:Relative Performance Charts
1/31 overdue pullback testing the 10 week moving average.
2/24 virus scare is testing established support levels on the way down. I am looking for technical bounces from support, but not an end to this pullback until the Coronavirus comes to an end. Just beginning in Italy, Japan, Korea and still looking to spread to other countries.
2/24 testing first support level around ~27,900
2/25 testing major support at 27,000, this crash I think will pause heret
3/6 retesting 25.4 support as expected
3/16 off the chart, see the monthly chart
3/18 target 18,000 bottom as fiscal stimulus kicks in.. Currently at. 20,300
2//24 breaks below our support line, targeting 27, 700.
2/25 I think strong support at 27,000 will slow this crash
3/6 retesting support, surprise it is outperforming the SPX
3/16 uncharted territory, switch to monthly chart to see lower support levels
4/1 at 20861, bears are back, retest 18000
3/16 I think next stop is 20,000 and support at 18000
3/18 I think 18,000 is the bottom as fiscal stimulus kicks in, currently at 20,300. Notice the very bearish break below the 50 dotted line. This did not happen in 2016. This is a full blown bear market that I expect will be short lived like 1987.
3/18 traders on automatic shorting every bounce
1/27 gaps down to price support line. Targeting a test of the 50-day on continued spread of coronavirus
2/24 another virus pullback, https://seekingalpha.com/article/4326433-spy-starts-covidminus-19-virus-pullback
2/24 gap down sell signal headed for 3154, at 3215 as I write this.
2/25 at 3128 heading for 3033 where I expect a little technical bounce
3/2 bounce in bear market, https://seekingalpha.com/article/4328782-spy-crashes-and-is-looking-for-bottom
3/6 testing 2900 support again.
3/11 still looking for a bottom, https://seekingalpha.com/article/4330687-spy-looking-for-new-bottom
3/16 I think the targets are 2350 and 2200 see the weekly and monthly charts
3/20 plan now to buy the bottom, https://seekingalpha.com/article/4332963-spy-plan-now-to-buy-bottom
3/24 tech bounce targeting 2530, at 2429, https://seekingalpha.com/research/250072-tom-lloyd/5424999-market-jumps-and-shorts-are-squeezed
4/1 at 2454, bears are back, retest 2100
3/16 I think it tests 2350 and bottoms at 2150-2200
3/18 breakdown of signals. I think the bottom is at 2200 and NOT 2350. Currently at 2426.
1/31 start of overdue selling cycle as market was way over extended and ready to use any bad news as an excuse to pullback for a normal test of the uptrends in the 10 week and 40 week moving averages. Market is ignoring great earnings by stocks like AMZN
2/24 virus pullback article with targets, https://seekingalpha.com/article/4326433-spy-starts-covidminus-19-virus-pullback
2/24 close at 3226 and eventually looks like a target test of 200day at 3068-3100">3068-3100">3068-3100">3068-3100.
2/27 at 2978 targeting 2850
3/6 at 2916 targeting 2850
3/16 testing 2350 and targeting 2200
2/24 vix says it all about where this market is going.
3/20 topped out and pulls back to test support, bullish for the market, BUT hammer candlestick reversal is bearish, retest the top.
3/6 high of 54
2/24 flight to safety
3/6 wild gap up to 118 after Fed drops rate 50 points
3/20 trying to recover from the bearish break below the 200 day moving average.
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