Possible ends of corrections – MacroView

D

dima777

The following is the list of the possible correction endpoints which are likely to happen soon. These are the nearby lower Bollinger Bands collision list, ranked by the strength of the active trend. The lower bands have not been touched for more than 15 trading sessions. This list is generated by filtering out of the trade ideas in the Band Monitor of the ActiveMacro scanner.

Symbol Collision Down BB Trend
Google-Alphabet (GOOGL) Down Band 2,699.17 98
Facebook (FB) Down Band 348.79 89
Nike (NKE) Down Band 163.48 83
Credit Agricole (ACA) Down Band 11.5 60
Corn Futures (ZC) Down Band 542.04 52
Alcoa (AA) Down Band 35.54 38
Harley-Davidson (HOG) Down Band 38.43 32
BP (BP) Down Band 283.88 22
Total (FP) Down Band 35.99 22
Shell (RDSB) Down Band 1,361.57 16
Disney (DIS) Down Band 172.11 -6
HSBC (HSBC) Down Band 391.06 -7
Unilever (ULVR) Down Band 4,039.85 -13
Shake Shack (SHAK) Down Band 81.23 -30

Review the charts.
 
dima777 said:
The following is the list of the possible correction endpoints which are likely to happen soon. These are the nearby lower Bollinger Bands collision list, ranked by the strength of the active trend. The lower bands have not been touched for more than 15 trading sessions. This list is generated by filtering out of the trade ideas in the Band Monitor of the ActiveMacro scanner.

Symbol Collision Down BB Trend
Google-Alphabet (GOOGL) Down Band 2,699.17 98
Facebook (FB) Down Band 348.79 89
Nike (NKE) Down Band 163.48 83
Credit Agricole (ACA) Down Band 11.5 60
Corn Futures (ZC) Down Band 542.04 52
Alcoa (AA) Down Band 35.54 38
Harley-Davidson (HOG) Down Band 38.43 32
BP (BP) Down Band 283.88 22
Total (FP) Down Band 35.99 22
Shell (RDSB) Down Band 1,361.57 16
Disney (DIS) Down Band 172.11 -6
HSBC (HSBC) Down Band 391.06 -7
Unilever (ULVR) Down Band 4,039.85 -13
Shake Shack (SHAK) Down Band 81.23 -30

Review the charts.
More...
%%
Maybe, fine with me, good uptrends in SPY/QQQ.
But AUG + SEPT tend to be down, based on history. The fact that SPY keeps hitting the top DON channel a lot in 2021 may mean nothing by end of SEPT,not a prediction.....................
 
what nonsense!
where got correction in the first place?

talk about Facebook.
Simply use a straight ruler and draw a rising trend line.

Newbies should refrain from creating a new thread to
teach / preach.
they can create a new thread to ask questions.
 
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