


seine
Get long. Notes are on the chart. Technical indicator: Above its 20, 50 and 100 day moving averages 18 new highs and up 10.00% in the last month Relative Strength Index 77.15% Fundamental factors: Market Cap $24.08 billion P/E 13.65 Dividend yield 1.97 Revenue expected to grow 3.50% this year and another 2.40% next year Earnings are estimated to be down 7.00%...
Maybe tomorrow morning's news will change the situation or make it worse. * MACD has been giving really good signals. 11/19/2014
Get long. It had already broke out of the consolidation zone.
There is not much momentum in the Nasdaq composite. It may experience a pullback just like it did in the beginning of 2014 when the price and the MACD had divergence.
I think this is a more powerful composite than any other. It has broken a very significant trendline and have not recovered yet.
As long as the USD keeps going up, energy and material sector will not do well. However, USD is reaching the multi-year resistance level, which will be shown in another chart. You can find it on my page.
Coppock indicator has been right in predicting the tops in the past two cases. Whenever there is a second peak which is lower than the previous one, it is typically a signal for impending bear market. If the SPX continues a ranging action, it would be a confirmation of the end of the bull market
Strong uptrend about to set up and the bullish triangle already formed.
BABA may experience a little pullback. If it does, wait for the fast stochastic to hit 40 to be oversold in the uptrend. Do make sure the trend is still upward by looking at the DMI or the ADX.