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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2021 TECHNICAL ANALYSIS
GBP/CHF – TECHNICAL ANALYSIS for 2021
On the monthly chart the price held the 2011 low, despite the brief break below it on the daily and the weekly charts. While holding this support around 1.1470, the…
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Shanghai Composite Index – TECHNICAL ANALYSIS for 2021
Looking at the monthly chart, we can see that the index is in consolidation in a range, that has been forming since 2016. While in consolidation the index bounced from…
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NZD/CHF – TECHNICAL ANALYSIS for 2021
The price held that 2009 low on the monthly chart, despite the fact that briefly broke below it on the weekly and daily chart in the begging of the COV19…
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Tesla Inc. – monthly chart is within its 3rd bullish wave
technical analysis for 2021 During the last 10 months the price moved parabolically, which is always a warning sign. The monthly chart is within its 3rd bullish wave. The first…
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Micron Technology Inc. – technical analysis for 2021
Looking at the monthly chart we can see that the break out that materialize in 2013 was confirmed and extended with another break out higher in September 2017. The monthly…
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Russell 2000 – technical analysis for 2021
After the initial shock during the COV19 market selloff, the index not only fully recovered but it broke above the pre-pandemic high, thanks to the massive liquidity provided by the…
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Netflix Inc. – break above the 2018 high, technical analysis for 2021
In 2018 the price reached the 2.618 FIB extension of the 3rd bullish monthly wave, around 410.00, and started a 4th pullback wave with -45.00% decline. In April 2020 we…
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Amazon COM Inc. – technical analysis for 2021
Looking at the quarterly chart, we can see that the price completed the 3rd bullish wave at 4.272 FIB extension around 2050 and started 36.00% decline. That decline formed ascending…
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French CAC 40 Index – technical analysis for 2021
Long-term view, the monthly chart is in its 3rd bullish wave, ever since the index bottomed in 2011, the first target of this wave is the 1.272 FIB extension around…
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Microsoft Corp. – technical analysis for 2021
The price is within its 3rd bullish wave on the quarterly chart, which started with the breakout in 2016, break above the high around 60.00, December 1999 high. The first…
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GBP/NZD – TECHNICAL ANALYSIS for 2021
The price action is bearish on the monthly, weekly and the daily chart, the pair broke below key support zone, below 1.9050 – 1.8950. Next support which is now the…
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