US Stock Market

Daily price broke 200 SMA to below for the primary weekly bearish reversal to be started. The price is located near and below 200 SMA trying to cross the support level at 27.21 to below for the primary bearish trend to be continuing. Alternatively, the price will be on ranging waiting for direction of the bearish trend to be continuing or for the bullish trend to be resumed. Recommendation: waiting for direction

Chinkou Span line of Ichimoku indicator broke the historical price to below for the good breakdown to be started. The price broke the upper border of Ichimoku cloud to below together with support level at 69.00 for the breakdown with the primary weekly bearish reversal. The Stochastic oscillator is indicating the overbought level of the price to the bearish reversal to be continuing. If the price breaks 64.74 support level so we may see the weekly primary bearish reversal. Alternatively, the price will be on ranging waiting for direction. Trading Summary: breakdown with the bearish reversal

Weekly price is secondary correction to the primary bearish breakdown: the price is testing the upper border of Ichimoku cloud to below. Chinkou Span of Ichimoku indicator which is crossing the historical price for the good breakdown. Besides, the Stochastic oscillator is indicating the downtrend to be continuing. If the price breaks support level at 127,48 to below so the primary weekly bearish reversal will be started with the next support level at 103.63. If the price is bounced from support levels to above so we may see the bear market rally with 143.27 and 169.48 targets to re-enter. Alternatively, the price will be on ranging within the levels waiting for direction. Trading Summary: waiting for direction - watch for the weekly bearish reversal or for the secondary rally to be started.

Chinkou Spam line of Ichimoku indicator broke the historical price to below for breakdown: the price is located inside Ichimoku cloud with the support level testing at 78.27 to below for the primary bearish reversal to be started. Alternatively, if the price crosses 101.94 resistance level so above so the primary bullush trend ill be continuing. Trading Summary: ranging for direction

Weekly price is located above Ichimoku cloud in the bullish area of he chart. The price is on ranging within 251.21/285.91 support/resistance channel waiting or direction. - If the price breaks support level at 251.21 to below so the primary bearish reversal will be started. - If the price crosses 285.91 resistance so the primary bullish trend will be continuing. Trading Summary: ranging, waiting for direction

Weekly price is located inside Ichimoku cloud for the ranging within 594.8/686.6 s/r channel waiting for direction. If the price breaks resistance at 686.6 to above so the primary bullish trend will be continuing with 797.1 as a next possible target. If the price breaks support level at 594.8 to below so the primary bearish reversal will be started with 570.6 possible target to re-enter. Recommendation: ranging, waiting for direction

Weekly price is above Ichimoku cloud in the bullish area of the chart. The price was bounced from 498.6 resistance level to below for ranging within 393.6/498.6 s/r levels. If the price breaks resistance at 498.6 so the strong bullish trend will be continuing. If the price crosses the support level at 393.6 so the secondary correction to the bearish reversal will be started with 297.6 as a possible target. Recommendation: ranging for direction

The weekly price s above Ichimoku cloud in the bullish area of the chart. The Chinkou Span of Ichimoku indicator broke historical price to above for the good bullish breakout, but Stochastic indicator is showing the overbought condition for the price. For now, the price is on ranging within 194.2/267.6 s/r channel waiting for direction of the strong bullish trend to be continuing or to the secondary correction to the bearish reversal to be started with 149.1 as the next target. Recommendation: bullish ranging; watch the levels

AUS200 weekly price is on bullish ranging to be above Ichimoku loud. The price is located within bearish reversal support line at 8380 and resistance at 8886. Chinkou Span line of Ichimoku indicator is located to be near and above historical price to be ready for the possible bearish reversal in the future. Anyway, if the price breaks 8380 support to below on close weekly bar so the primary bearish reversal will be started, and if the price breaks resistance level at 8886 to above so the bullish trend will be continuing. Recommendation: bullish ranging within the levels; watch the price with s/r levels for possible buy or sell.