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I wanted to republish the old chart, but i had to change the view to weekly to show this easier On my previous charts on SP500, i had a blue support line - you can see on this chart where it came from. Today stocks opened at -2% (never happened in last 1.5 years i think), went down to hit almost -3% and then rushed up to close between -1%-0%(pity i did not swing...

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Such a pity the original idea was posted with a bug/error/issue and did not display what i actually meant to show - and i need to use other colors for charts as well. This is what happens when you use other people's charts.The original one pointed out to divergence in RSI with the high of the S&P and other indices, and it was the best point to sell. I wish more...

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Noted some negative divergence on the tops of CCI and RSI and MACD turning to a downward trend (same happened in NAS and SP and they are down 5% now). Should be getting lower from here..but it has a magical bull force that kept it up 100% with no ERs so who knows - maybe bulls will keep it up amidst the whole market sell-off. But if goes lower, you know where...

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Decided to post this although it is late to call the tops here (although i managed to post a chart earlier closer to the top). S&P broke many of the possible support lines and in my opinion the previous trend is not there anymore (it ended at crossing of 1945...just like WWII start) While the main noticeable trend (blue dotted lines) that is a "connect the lows...

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This stock amazed me during these weeks - it held within its upper part of the trading and even the trend bars are still green. Although 2 times it was a good sell at 110 for a small profit, it bounced off the trend line. Now price is squeezed between the the mid-trend line and 110. If markets is not getting weaker i see it easily overcoming 110 from 3rd, maybe 4th try.

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I would not call it a short yet after todays almist 2% run for the markets, but i am not playing this long either. It went out of a long term trend, just like about everything im watching. Markets should be making a bounce, but if it fails to top the previous high, it will be a H&S pattern and won't lead much to anything. This is a big player, and so is ALXN that...

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Currently it is trending within a specific channel that can be traced from various tops and bottoms. Feels like 192 can be touched, then some way up. This might create a double bottom and make turning point for the index. But chances are low, and i would not call it a long here...yet.

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Some time after the original chart was posted by timwest: CCI shows a diveregence now with this pair, and, although a gut feeling - something tells me that chances are we may see a trend change in future, and EEM will outperform the US market. Another thing to add to this is also timwest's chart (one can never praise this chartist enough on the site) - the...

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Repost with a better interpretation (one really needs to know all tradingview functionality :) ) If you plot the previous bottom-top run to the current one (and top-bottom), it coincides amazingly. Look at previous places for UPs and Downs - they match quite often. Lets see how the current slide pans out.

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I don't like to predict anything on recent IPO, so ill just draw some observations. Decided to base and add to the idea posted by fellow chartist bigrediska - doing some Fibs on the BABA shows a present relationship with 0.382 fibline. 2 bigger moves like that level a lot and i would subject an upwards trend from here - but if it goes up it is either 0.382 or...

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Do check the more precise version of it here. don't see why this is not possible. So far it loos quite close to the previous run towards the bottom of the trend. Note the diversion on RSI Well...believe it or not, i draw the clone more than a week ago - did not think it would end being that close... and, if you filter out all the "maybe we are heading higher...

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Just 3 days ago published a chart on HIMX. From there stock went down and then up more then 10% to exactly the 0.38 fib line. Plotting fibs on HIMX shows that it just loves it - on an up trend lookout for 0.618 fib - seems to be a good place to retract, just like 0.38 and 0.5. Also, i missed on the last chart the current up-trending channel. Connecting recent...

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Well, its an explosive stock - goes drastically up and down on news and soon i expect a new direction to be revealed. First off - fib levels. From the lowest to the highest points the price retraced to 0.62, and from the top to the recent low it retraced back up to 0.38 (at the moment) - seems that the stock favors these levels. Meanwhile, somewhat of a cup and...

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Check up NAS, SPY or any other and look out for RSI negative divergence. MACD is already cooling down and RSI did not go that far as the prices of the indices went. If BABA IPO fails, and something major happens it will be a good reason to sell off the markets. The uptrend in the recent months has been slowish, and the whole feeling of the market is overbought for...

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Last 2 days have been a great deal for ZNGA fans - summarized status 1) Volume is picking up on 2 days in a row with great price movements 2) MACD has room to grow and is in an uptrend. 3) Acc-Dist has changed direction from a lont-term low favouring accumulation 4) Recent low is higher than the previous low BUT 1) With this, ZNGA has some psychologic...

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63.30 - key level to overcome as price is squeezed to it for the year. Price is not at top of the channel so on a pullback would be in a good position for a buy. Best if it keeps within the range of these weak supports. There is a small divergence - enough to get the price back to ~60 and ready for a strong move up. Key Hidden levels are working on this one...

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Well, with the recent sell-off AMD is still slow on picking the pace back up. And this is while its RSI7 and CCI21 are in pretty deep oversold, while MACD dipped a lot. Now the picture seems to shed light on a possible good bull turn with the following in play: - RSI and CCI oversold - MACD dipped and turning back to possibly form a long positive trend - RMI is...

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Interesting position DAX is in right now - its in the second channel and stopped on a previous resistance. Indicators show room for downside and MACD showing a possible change of trend for now seem to lead on a short position at the moment. Speculation, that can only be confirmed with time