Russell2000 is breaking below the rising wedge Russell2000 has broken below 1920. This downside break is opening further downside continuation inside the downtrend channel. The index was rejected from the channel top 2050 and there is not much resistance to the downside looking for 1400. Note: look for the […]
Russell2000 downside channel continuation Read More »
Bitcoin is breaking below the bearish flag Bitcoin is testing 21000. A confirmed break below 21000 is required for the downside continuation and a swing down to 11000. this level, 21000, is a bearish almost three months consolidation flag resistance level and a break below would be a strong
Bitcoin run has begun Read More »
AUDUSD downside continuation AUDUSD is being rejected by the strong upside resistance/downside support confluence. A break below 0.6950 bearish flag resistance could lead to a downside continuation. A break below 0.6840 will give some acceleration to this falling pattern for an extension lower to 0.6200. Note: look for the
AUDUSD is breaking the bearish flag Read More »
NASDAQ is pulling back to test the rising wedge support NASDAQ is being rejected by the strong upside resistance/downside support confluence. A break below 13350 will lead to a strong downside reversal and a break of a rising wedge for a continuation lower. The pullback is coming also from
NASDAQ is pulling back Read More »
XAUUSD is pulling back from 1820 XAUUSD is rejected from 1820. A break above this level is required for the upside extension. This rejection is leaving the instrument in the five waves down with a possible fourth wave now being finished. A break below 1780 will lead to acceleration
XAUUSD is unable to extend higher Read More »
