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…
Read the post
finance
USD/JPY – TECHNICAL ANALYSIS for 2021
On the weekly chart the price broke below important support and descending triangle. That support is now resistance between 104.50 – 105.50 and must be watched for rejection and resumption…
Read the post
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…
Read the post
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…
Read the post
Brent Crude Oil – technical analysis for 2021
The price is within 3rd bullish wave on the weekly and the daily chart. The 1st target of the 3rd bullish daily wave is at the 1.272 FIB around 60.30,…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
