TASAVANT

TASAVANT

Hanging above support some new support levels if we break down. Seeing an ABCD target down.

TASAVANT

As the slope of the 200 day SMA is down it always its a bit of a fight to bust it. A break above the 200 day and if the slope can be bend up and could be a nice long term investment to hedge your rising food prices.

TASAVANT

JNK did not show real weakness, could indicate the equity market is just taking a breather. Keep it on your radar.

TASAVANT

Bearish engulfing candle in AAPL. Support area near.

TASAVANT

WTI monthly is building a nasty bearish ABCD down. Highs need to be broken soon.

TASAVANT

NAsdaq momo algo went cash after yesterdays session

TASAVANT

I cant publish 5 min chart but in the hourly you can see the levels and price..fyi

TASAVANT

All gets busted quickly last area is based on the last low.

TASAVANT

NASDAQ new levels

TASAVANT

New Levels

TASAVANT

The Russell 2000 is showing a neutral posture. A strong market has all main indices alligend if not they will allign at some point. With end of month insight funds looking for performancce might chase index components as they are lagging. Strength in the oil price would help a lot.

TASAVANT

The algo is still long. It is either long or cash never short. Next update when the algo goes back to cash

TASAVANT Updated 

AMZN broke the wedge with volume. ABCD target zone above .

TASAVANT

Still long

TASAVANT Updated 

Like last year the pro's buying protection while Joe Six Pack is selling vol on his Robin Hood account. You can't time when the real volatility kicks in but the signs are there. Would a Biden win be priced in and what would happen to markets when he wins? I would not be surprised that we would see at least a 50% correction when that happens. Time will tell watch...

TASAVANT Updated 

Simple ABCD pattern target area ahead. Important to see if we get any significant reversal pattern near that area to confirm any real sellers.

TASAVANT

The number of issues closing above VWAP is decling and diverging from index action. It indicates the ramp up is depending on less and less participants.

TASAVANT

Crisp and clear chart with support and target zones