$RCL reaching major resistance following an epic 1.5 month rally. Caution warranted here. Textbook inverse head and shoulders pattern playing out on $WTAI. Hardly a hawkish pause by the Fed as Post FOMC $VIX rushes for the 13's again.
$XLK price level resistance and upper channel resistance pushing back on the $XLKÂ move back to last August highs. Â
After an epic rally in January and much of February, the last three days has seen stocks reverse the gains and trade in negative territory. In this video I'm going to provide my technical analysis on whether this is just a short-term pullback, or the continuation of the stock market crash that started last year.
$ADBE rising trend-line is broken, and now price falls back into the Nov/Dec chop area, where price could really get churned up. Â Â
$VIX Inverse head and shoulders basing pattern forming that is worth watching for a potential breakout next week. Â Â
$VIX back below key support, after falling off a cliff, post CPI. Â Â
$BBBY down 67% since the highs of Monday. Â Â
Stock market pullback back lasted for the past two days. Using technical analysis, is now the time to buy the dip, or wait for stocks to sell off even further before considering buying stocks?
$PINS attempting to hold the long-term breakout support level. Â Â
$F right up against declining resistance. Â Â