Market Pulse – Daily = 03.01.2022 $MSFT $AMZN $AAPL $FB $XOM $NVDA $TSLA $GOOGLE

The large caps closed today with fantastically bullish candles and combos. Let’s discuss the sample of eight, starting with the most bullish.

$AAPL and $XOM
completed a Rising 3 Methods on 6 candles. This is the most bullish formation among the stocks in the sample.

made an Inside-Up formation that is an equivalent of bullish Engulfing. The bullish odds are very high.

made a strong Maribozu on a gap and is expected to move higher from there.

formed a Bullish Kicking, a strong reversal combo. A green candle tomorrow would seal the deal.

made a perfect bullish Harami. If it closes above the Dec 31st high, the reversal will be confirmed.

possibly made a bottoming dojis. The odds are bullish – close to neutral and a strong confirmations are required to confirm either path.

To summarize: the sample is bullish, but not overwhelmingly. It would become one if the stock make strong upwards moves tomorrow.

Enjoy the series of 2022 Long Term Forecasts for: SP500, ASX200, VIX, DXY, TSLA, Silver, Gold, GDX, Bitcoin, Ethereum, NaturalGas and Oil/WTI.

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