In today’s analysis, we have a short update about the situation on Intel. Previously, we examined this instrument at the beginning of May 2021. Back then, the price was hovering above the key support and we highlighted a possibility of a breakout and strong sell signal:

Today, I am bringing you an update on Ford who created a very dangerous bearish formation on the long-term chart. Before we dig deeper, let me remind you about our previous piece on Ford. We analyzed this instrument at the beginning of November and back then we were bearish, saying this:

Yesterday, Amazon announced the layoff of another 9000 employees. This doesn’t really come as a surprise, as it is a part of a larger round of layoffs that began in November. The latest batch is supposed to impact Amazon’s cloud computing, advertising, HR, and Twitch units. What is the chart telling us about the latest moves from the Amazon Board?

This week is crucial for the financial markets as on Wednesday, we will hear the interest rate decision from the FED which should indicate the direction for the next few weeks. Ahead of this decision and in the middle of the bank crisis saga, Apple is trading relatively strong compared to other big companies. Actually, from the technical point of view, we are very close to a major buy signal.

On Friday, most of the instruments are on the rise, however, we wish to shine the light on the one that is still trading in negative territory, rather than one with a buy signal. You know, just in case this whole bullish correction is a false one and we shall see more pain in the upcoming weeks.

This is a short update on the situation regarding Procter & Gamble. We previously analyzed this instrument on March 8th when the price was trading within a tight range and testing its lower boundary. As long as we were inside the correction, the way was open in both directions. Here's what we concluded in our previous analysis: