Tuesday, January 29, 2019

#Amazon Review $AMZN

Amazon Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Amazon's trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.



Subscriber Comments:

Amazon, a widely tracked FAANG stock that leads the retail sector, is struggling to maintain the rally from the December low. A close below the monthly reversal at 1635 suggests trouble for the bulls.

AMZN

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.