The index closed with tweezer tops on the monthly chart however, it managed to close higher than the previous monthly close. The 1H chart is within a bearish run, the…
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Equities & Indexes - Technical Analysis
Every week we publish our technical analysis for the equities and indexes, which looks interesting. We focus on breakout, technical patterns, key support and resistance levels, combined with a trend/wave-based analysis.
Our mission is to help you improve your technical analysis, trading, and investing.
NASDAQ reached the 4th target of the 3rd bullish daily wave, and started a pullback
The price almost reached the 4th target of the 3rd bullish daily wave at 2.618 FIB extension around 13 900 and started a pullback on the daily chart. This pullback…
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Tesla Inc. – broke below previous low, hint for a potential further decline in the price
Last week the price briefly broke below the previous low at 780.70 on the 4H chart. This break is a hint for a potential further decline in the shares of…
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S&P 500 – formed Head & Shoulders on the 4H chart and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This breaks…
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NASDAQ – formed Head and Shoulders and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This…
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Apple Inc. – formed potential Head and Shoulders on the daily chart
The price formed potential Head and Shoulders on the daily chart. Break below the neckline, below 126, will confirm the bearish run on the 4H chart. The first target of…
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Apple Inc. – technical analysis for 2021, price reached 2.618 FIB extension
Analysis on the monthly chart for Apple shares, is reviewing that, in 2019 the price reached 2.618 FIB extension of the 3rd bullish monthly wave around 79.00 – 80.00 and…
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Meta Platforms Inc. (Facebook/FB) – Technical Analysis for 2021
In July 2018 the price reached the second target of the 3rd monthly bullish wave at 1.618 FIB extension around 205,00 and started a -43.00% pullback. In May 2020 the…
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Dow Jones Industrial – technical analysis for 2021
Looking at the monthly chart, we can see that the index not only broke above pre-pandemic high, but it also broke above this ascending price channel, signaling further upside. The…
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Japan Nikkei 225 – technical analysis for 2021
In the month of November 2020 the index broke above strong resistance that was holding the price since December 2017. The bullish momentum was strong enough to carry the index…
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S&P 500 – broke above the pre-pandemic high
technical analysis for 2021 Study on the monthly char shows that the first target of the bullish breakout above the 2007 high, which occurred in 2013 was reached in December…
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NASDAQ 100 – breakout above the pre-pandemic high was a continuation of the wave
Technical analysis for 2021. Studying the monthly chart, we can see that after the break above the 2000 high in 2016, the index accelerated to the upside and reached the…
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