THE INDICATOR | Market Sniper 🔥

Thanks for tuning into THE INDICATOR! Here is our Market Sniper chart in the spotlight.

A community of traders & investors on a mission to snipe the markets.

- Market Snipers

Alphabet Inc. (GOOG) - Reversal

• Google rallied +60.50% over the past 267 days

• Bearish divergence & seems to have a lower high on the daily chart

• Price back tested the longer term trend line & bounced lower

• Bearish MACD crossover

• Bearish Divergence on the weekly chart

• DXY had a buy signal on the weekly chart

• VIX broke out, had a buy signal on the daily chart, & pending buy signal on weekly

• NASDAQ & other large caps like AAPL are correcting, seems like they are leading the way

CAUTION: Weekly is still bullish at the moment but lags timewise compared to the daily chart.

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Disclaimer

The contents of this newsletter are expressed in my opinion only, none of which is financial advice. Always do your own research as this information is intended for educational purposes only.

Any suggestions, comments or questions, please feel free to direct message me on twitter @JesseOlson. Thanks for reading!