Good news is the continued decline has stopped at 61.80%. If you hit the orange line again, this will have good results. Circled spot is expected bouncing points.


Good news is the continued decline has stopped at 61.80%. If you hit the orange line again, this will have good results. Circled spot is expected bouncing points.


Feels market will go down tomorrow.?. Look at charts using fibonacci. From macro view, green or orange colored fan lines will work as a support. And two additional support level I can find 1) 170.87, 423.60% 15min/30day 2) 173.78, 61.80% 15min/10day



Support levels are : 1647. If fail, next support is 1583.6.

Fail again, follows are support levels : 1565, 1547(261.80%),1320, and 1246(423.60%)

MSFT – Microsoft
Next target price is 120.40, 423.60%

Facebook – FB
– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 135.15

Maximum level of this stock wave is 161.88, 423.60%

Amazon – AMZN
– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 1582.58

Maximum level of this stock wave is 1983.55, 423.60%

Apple – AAPL
– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 177.71

Maximum level of this stock wave is 189.52, 423.60%

Netflix- NFLX
– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 270.64

Maximum level of this stock wave is 366.48, 423.60%

Google – GOOGL
– Three white troops created
– Break up through three 61.80% serving as resistance points
– Major support point is 1066.76

Maximum level of this stock wave is 1168.77, 423.60%

Tomorrow is not a good for FAANG brothers. Most of them except Apple hit by downtrend resistance fan line. Pullback will be occurred. This is not meaning down fall. Need to figure out where are real support points on this pullback.





Support levels ;
1) Check upward fan line 257 ~ 260 range
2) If fail, next supports are 251 / 246


168~170, 423.60%, range is support zone.


Next supports are 1358 / 1242, 423.60%

