MrAndroid

MrAndroid

Nasdaq chart shows current level is at the top of a parallel channel down trend and has formed a bearish rising wedge. I would tend to bearishness.

MrAndroid

The gold price pattern has formed a bearish rising wedge pattern which may indicate that recent highs represent a top.

MrAndroid

Generally considered a bearish pattern it is possible to see a descending triangle pattern emerging from the convergence of a parallel down trend and a sideways trend. A break could be imminent.

MrAndroid

This chart pattern has been forming since 2011. It is a triangle merging an uptrend and a downtrend that are potentially converging in the near future.

MrAndroid

Yesterday the price of Apple was looking a bit like it had hit resistance of the down trend line but the results they published yesterday seem to have triggered a bid which could turn into a breakout. Not yet confirmed.

MrAndroid

Today on SPY the market has opened quite buoyant. There is a case that the last 2 weeks candles have not seen a huge dump and indeed have something of a hammer look to them. Indeed I can look at this chart and see the possibility of a bullish breakout. Too early to tell yet though.

MrAndroid

Gold very briefly hit a new high today but the candle is a shooting star on the 12 hour chart so perhaps indicating a failed breakout.

MrAndroid

Apple has long been one of the favourite and strongest stocks on the US market. This chart shows a shallow parallel channel downtrend which indicates the end of a very nice rally could now be occurring.

MrAndroid

The chart pattern for the last couple of months on SPY has now formed a bearish rising wedge pattern corroborated by divergence on the RSI.

MrAndroid

The hourly chart of S&P futures has reached to the top of a bearish rising wedge and a spinning top candle printed. So there is a bounce but it might already be over.

MrAndroid

This chart shows the convergence of up trend and down trend along with hitting a key level yesterday - the pre crash 2020 high. The up trend channel is very narrow and the price has just slipped below the support line.

MrAndroid

I think a sell of on Nasdaq is the most likely scenario for the coming weeks. Seeing the chart being in the top region of a channel downtrend and at the top of an ascending wedge pattern shown here.

MrAndroid

Looks like the S&P500 futures market has broken down out of its parallel channel up trend today. This was also a key level of resistance/support whcih the price is now under.

MrAndroid

BTC is in a broadening wedge pattern and today is retesting support. RSI shows divergence on momentum and volume is on a down trend for 2 weeks. Looks bearish.

MrAndroid

The gold chart looks increasingly bearish as the breakout failed and now a head and shoulders on a fairly strong support level can be drawn.

MrAndroid

Last week gold looked poised for a breakout but today things have deteriorated within a bearish rising wedge pattern I see a shooting star candle recently.

MrAndroid

This chart shows that 1 year yields are diverging in trend direction away from longer term yields. I don't know what this means but it looks very odd indeed. Markets appear to be betting that deflation is on the way.

MrAndroid

It topped in 2021. The very long term pattern is a bearish broadening wedge. Not looking very bullish.