Technical analysis for Microsoft (MSFT) stock, the price formed a Head & Shoulders pattern on the weekly chart and broke below the neckline, starting a bearish wave. The first target…
Read the post
stock market
Dow Jones Industrial Technical Analysis, the index rejected the 0.618 FIB retracement
Technical analysis for Dow Jones Industrial, the index rejected the 0.618 FIB retracement at 34 180 on the weekly and monthly charts, resuming the bearish trend. The focus now is…
Read the post
S&P 500 Technical Analysis, the index bounced from 0.618 FIB retracement.
Technical analysis for S&P 500, the index bounced from the 0.618 FIB retracement on the weekly chart, starting a potential pullback on the daily chart. The first target for this…
Read the post
German DAX Technical Analysis, the index formed a double bottom on the weekly chart.
Technical analysis for the German DAX, the index formed a double bottom on both, the weekly and the daily charts. The first target for this pullback is the 0.618 FIB…
Read the post
NASDAQ 100 Technical Analysis, the index extended the pullback
Technical analysis for Nasdaq 100, the index extended the pullback on the weekly chart and closed the month with a bullish engulfing pattern on the monthly chart, starting a pullback…
Read the post
Alphabet (Google) Technical analysis, the shares reached the first target of the bearish run
Technical analysis for Alphabet, after the break below the support at 125.50 in April 2022, the shares of Google started a bearish run. The first target of the bearish run,…
Read the post
S&P 500 Technical Analysis, the index reached the first target of the bearish wave
Technical analysis for S&P 500, the index reached the first target of the bearish wave on the weekly chart, the 0.618 FIB retracement on the weekly chart at 3825, which…
Read the post
Dow Jones Industrial Technical Analysis, the index reached the second target of the bearish wave
Technical analysis for Dow Jones Industrial, the index reached the second target of the bearish wave on the weekly chart, the 1.618 FIB extension at 29 670, which is also…
Read the post
Russell 2000 Technical Analysis, bounced from a support zone
Technical analysis for Russell 2000, the index bounced from a support zone, starting a pullback. The focus is on the previous high on the daily chart at 1792. If the…
Read the post
Amazon Technical Analysis, the shares reached the first target of the bearish wave
Technical analysis for Amazon (AMZN), the shares of Amazon broke down in April 2022 and started a bearish wave on the weekly chart. The first target of this bearish wave,…
Read the post
Dow Jones Industrial Technical Analysis, the index formed a morning star pattern
Technical analysis for Dow Jones Industrial, the index formed a morning star pattern on the daily chart, signaling a potential pullback. The first target for this pullback is the 0.382…
Read the post
Technical Analysis for NASDAQ, the index closed the week with a low-test candle
Technical analysis for NASDAQ, the index closed the week with a low-test candle on the weekly chart, bouncing from support, signaling a pullback. We must keep in mind that despite…
Read the post