Warning Signs of Macro Bull Trend Failure

Major decision levels for overall market trends.

In this one we’re going to do something a little different. Rather than looking just at the indices relative to previous big trend failures, we’re going to under the hood and look at some of the biggest and important stocks in these indices and look where they are relative to classic trend continuation/break levels

AMZN

All critical AMZN levels come in around 2300 - 1900. Most of these currently put us just under the expected support level. Further declines in AMZN may be the first real signs of macro bull failure.

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AAPL

All critical AAPL zones put the big inflection point around 139.

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TSLA

All critical inflection points in TSLA come in around 707. This may already be a successfully broken support level.

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MSFT

Most critical levels for MSFT come in around 297. This is an area that has already been well broken. We’ve probably exceeded the expected spike-out tolerance for this already - MSFT looking like the most obvious break so far.

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GOOG

Most of the big inflection points for GOOG come in around 2280 - 2380. This is an area that looks like it has been successfully broken.

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