Prep for the week 3/12 - SPX GOLD USOIL BONDS and the US Dollar
Updated
Expecting a rally to about 4k to test the important MA's, then reversal. USOIL should be a similar move. Gold may peter soon out if the dollar is going to reverse. Bonds look good to continue to 140 area.
good luck!
good luck!
Comment
oil toying with a break of that 72 level. Comment
Only a minor bounce by ES overnight, looks like they want to come down to the weekly BB today around 3812. I would expect that to be support. Comment
BTC back to the recent support level, this is an objective short with a tight stop. Comment
it is still possible we get a larger bounce up, Daily rsi is already showing hidden bull divergences from the previous low and the fib measurement is 1:1 on futures. I would be careful here at open. Comment
spy 1;1 fib reached watch for reversal Comment
this could be the rally to the 18 ma daily and weekly mentioned in the video. expect sentiment to change overnightComment
if this rally is correct a larger head and shoulders may be forming, lets see how this goes Comment
spy - channel needs to break up for rally to continue to 390 and more Comment
channel break, a retest tomorrow would put in the B wave before more upside, if this is correct. Comment
another leg down into close or overnight would complete the B wave - if this is correct. Comment
spinning top on the cash chart, my guess is CPI drops the market and then it rallies hard for a few days. Daily RSI is very low, needs to be reset.... Comment
good morning, inflation data is out, i suspect one more low to come before we bounce, but that could be wrong. Comment
there's a potential channel here - it's not perfect. We also have the uptrendline here. If they fail today, one more low and then a slower bounce into next week makes sense - again I don't know if that will happen, but it looks good. Comment
channel reached Comment
channel break, this will likely continue into the 18 ma on the daily or weekly, even if it pulls back soon. Comment
backtest of channel - should be long Comment
Choppy day. I've taken off all the lines just to see the range we're in - a break above is bullish a break below would be bearish. I think we're in an ABC going up so a turn after a sell off is likely if this is correct. Comment
oil breaking 72 - perfect breakdown 
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