Thursday, December 1, 2022 5:14 PM EST
The Williams Alligator indicator is hinting at further weakness for the Blackstone Group Ltd. (BX), on the longer-term monthly timeframe, as shown on the following chart.
A drop and hold below 80.00 could see price plunge to its next major support level of 60.00, or lower to 40.00.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirPxQqlPWYkTB3qQDDvrbGsKJ3_bO9ZdD5e7yOPEco40c_206S5J3Hp83NBvfPij11_3oY6nC4QkA8SqwIQrd8nEdAn51Ubgh1cZGxEmBBnHjTcD-Szfi1LcBNag53wf2-DjVUuNkYG6rNIE3Gr5-7xdZPvE4avuMqRZaEG39jTMzZINnf1fLjwOE0VQ/w640-h466/Screenshot_20221201-114759.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAZrHbFrzKJ3QV3vAd2IyJ36vToj25Uy3xcjc3w1hmqTUCyrtkq7kzgSeiwsZwo3EyMmLs_UAXjuUeBkbuB_747qetIQY1kAR9nViA4zUVnZX1EOYi7IO-5Hynh80mk3kp8bi4MF8uOUf9hL1KOVe8PKYKCY0COctn1JI57p1DzuMuFW76zcxH5AC_vw/w640-h496/Screenshot_20221201-100245.jpg)
Today's revelations contained in the following reports may prove to be the catalyst for the continuation, or even acceleration, of such a bearish scenario.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS9sXJQVvn697Ww1qipGxSyu6HfFRr9sZUKDfqgf29dp_roX41fb7gBit1Fx7rHrgRHoPcxzDxt4jFVPVbW1ttLPPI5b0dXBGdR-pugtQLEh6uU5JLyNCsLbSClOCAg97AddjQ7gePbYJ7K_iFopPdU0NrXctGGRSWoJlm9f6C0lMAfniQ3-ZGsAylDA/w540-h640/Screenshot_20221201-111422.jpg)
Source: Yahoo Finance
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYdbO1nacaius95KHetF8zHLV-BXPpvVjs0DIUhApqaEOqyf_4N2MQvhA65axwp9viFVmH4EuUO4ilBqoAyrdlW-kwu5h7K2eZWwxFxQ0LQRDrwlTLJLXJV_9qBmfRmxIcxLFHq02wazUVmoaDsG5WgITj_eCEwSeF-x25xylaBEvkn9aH1l4fKQd6BQ/w640-h200/Screenshot_20221201-100318.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRBWmZUpLgCMpTutc_eh3ioWSNVq7epF_u1uL2Pf9D3Pr2g_Am-UD5CnVGTggyLr2wMUoJw05ee37GAr_aKT56-bUHGW0g-B7IEq5tedyCWe-akAdXNDAkTmBVQg6A9hik14xe70gLApY17m57HCMu6pX3LW3_DApelJY0KTx-IDsUaKQ4h6Ebvk56Hw/w640-h338/Screenshot_20221201-100356.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiI8N1enIYdY7s9iTyoZekrI5le5vW-EkbeCwBeJlotT14RBnRjaXc74xoU7mthH0xuNJZPBvoAzqvMThqhaCqra6H1X9wEmTSAQjIdQrtyCXmDkMF6KAEgqEEWc0OHK4SZbQ4Zyvc63CASaZM7-cPyYyiBPuVDxdc-NxHqsiuXyRFty9yvRThpk3rv4A/w640-h564/Screenshot_20221201-100418.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8vJdo6LWU2tfvIUJTUCzfclZrOAJ__cfXYb7ZmdmpLDualqkihCwgknFpHHkNGvnU5rSwksPuGWCN8qBSBwBsvej6n9aYDM1w0biKgLwhR4ztgKCCIdou6p0Jqlh0rVhZ_JFOGbaWSdQBswwSq8S6GixN3s9ZDTjK5MyLQOVColwbMfRAgtob1hJTwQ/w434-h640/Screenshot_20221201-111850.jpg)
Source: BNN Bloomberg
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Disclaimer: All of my posts (and charts) contain solely my own technical analyses/opinions/observations (which may contain errors or omissions) of a variety of markets and are ...
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Disclaimer: All of my posts (and charts) contain solely my own technical analyses/opinions/observations (which may contain errors or omissions) of a variety of markets and are provided for your information or entertainment only...none of it may be construed as financial or trading advice. I trade my personal account only...I do not manage a fund for other people. Please do your own "due diligence" before engaging in any trading activity.
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