@Asphen:Heading into a pennant/triangle! Explosive move coming soon! - Price action held on Tuesday above MA5/MA20. - A very triangle/pennant has been formed and gearing for a big break up or down ==> am currently slightly leaning towards the bullish break as on 30mins chart, an inverse head and shoulder was formed late in the day on Tuesday - Range to observe leading to PCE Friday is 390 and 400. Quite clear now there will be a big move leading to PCE or before in anticipation (probably expectation for a cooler PCE given inflation markers coming down) Exciting next few days. Holding steadfast to my long positions and readying to liquidate should 390 be broken below. Good luck, all! @CaptainTiger
@WernerBilly:$Apple(AAPL)$ reported a steeper sales decline in its holiday period than Wall Street expected, while $Ford(F)$ posted a profit miss amid a continuing supply shortage. Google parent $Alphabet(GOOG)$’s results signaled a lower demand for its search advertising during a slowing economy. Yet on Friday major stock indexes were little changed for much of the day before closing lower.