[1] The S&P 500 meets key trendline resistance on day 55 of a Fibonacci time cycle as exponential moving averages cluster ... [2] daily, weekly and monthly support / resistance levels for the US Dollar ... [3] Crude Oil futures trace out a tricky wedge formation
Tuesday's relentless sell-off across US equity markets marked an undeniable end to the continuous series of higher lows that had been intact since July 2009; closing below 1,044.50 on the S&P 500 Cash, bulltards can no longer claim that the primary trend of equities remains bullish. With ZMH the only S&P 500 issue closing higher, could GETCO be anticipating a large order from Mr. Market for a new hip? Joking aside, what can we expect after such an all-encompassing technical rout?
Weekly technical profiles of Ashford (AHT), Ares Capital (ARCC), Alleghany (AYE), CF Industries (CF), Cummins (CMI), Complete Production Services (CPX), Estee Lauder (EL), National Bank of Greece (NBG) & QQQQ UltraShort (QID) with explicit trade setups