SPX S&P 500 INDEX : MINOR CORRECTION THEN RALLY TILL 2030 $40kPLEASE LIKE FOLLOW AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU
SPX is just taking a break before continuing on its rally for the next ten years. This market is just getting warmed up and all the bears and naysayers are going to be melted away when they see how high we go and how fast we get there. Its going to leave most behind, but isn't that the point of these bear traps? Not everyone can get rich so the few that stray away from the herd, and the mainstream news nonsense, will make out like bandits in the end. This is not trading or financial advice this is just my opinion.
GOLD-SILVER
035. PIGGISH PLAY - Long Royal Gold Inc. (RGLD)Royal Gold Inc. is now positioned for the holy grail of bullish baggers. The bags on this trade are so big that I had to steal a pot from some greedy leprechaun in order to fit all the potential gains in one location. For a visual perspective of the potential gainz on this trade, see the upper-right-hand part of the chart for the 'Pig Pot'.
I also sometimes keep weed in there, so please leave that bag alone/let me know if you happen to find it.
I. Fundamental Briefing:
This will be the second Pig Play in a row where I touch upon the fundamental situation of the underlying company's financials. I usually prefer to keep it technical because that is the only moral basis to take a trade. But the fundamental picture needs to be addressed for RGLD because it is actually undervalued. That's right - in what must be the frothiest market in American history, we have ourselves a SEVERELY UNDERVALUED stock that just released a heroic quarterly report. Not only is this company operationally best-in-class, but it just cleared the remainder of its payable notes while also securing an enormous line of credit, if needed. This is an important detail because it hints at a potentially aggressive strategy with acquisitions and property expansions galore. For those less acquainted with the precious metals industry, there is a particular category of company that operates as a collector-of-sorts, whereby it simply takes a royalty from operations on the properties it owns. These properties are usually large plots of land that contain one or multiple mines that are available for digging by the mining companies that have a contractual right to do so. Once the refined product is sold to third-party retailers (presumably by the mining companies, but could be other parties at times), Royal Gold proves its namesake by collecting a royalty at the time of sale.
Aside from Royal, the other major royalty player in this space is Franco Nevada, which I also personally like, but is not nearly as undervalued as our guy here. The bottom fundamental line is that it's great! If you want to know more or don't believe me, take a glance at their latest quarterly numbers and guidance for 2022.
II. Technical Picture:
Much like what RGLD does, I have discovered the locations of the largest mines in the chart and identified them as such. The geometric form on the left side of the chart is a rather complicated arrangement of triangles and circles that are drawn to form golden rectangles and other such sacred angles. This sort of 'geometric' style of technical analysis is both difficult to teach and actually use for accurate projections. It is not a set of techniques that is practical to use intraday because of how time consuming it is to get precise projections. In any case, I have manipulated and contorted a few of the angles and distances to project out where the bullish and bearish landmine hits are likely to occur in time and in price.
It just so happens that there are a string of harmonically-spaced LANDMINES set to explode in perfect order in the days and weeks to come. I will say that I've never seen such a perfect array of bullish line extensions like this and am very excited to buy and hold and do nothing for once. For the record, its laughable that people actually brag about their success with this strategy when there is legitimately nothing to it - especially if it is an alt-coin.
To wrap this up before the opportunity disappears, the reason why this is so special is because there is a very high chance that you can use short-term options like you would any run-of-the-mill pure equity play. That is, between the dates of ~ February 11th and July 18th, there is hardly any resistance that will cause this move much trouble. If anything, it might delay the inevitable continues rally to 150+, but that can be easily dealt with by having the right options strategy (see next section).
III. Pig Spec's and Other Entry Details:
Unlike most of my plays, this one has farther-spaced contract expiration dates. There are only 4 to choose from between now and July 18th. They are as follows:
a) March 18th
b) April 14th
c) June 17th
d) July 15th - (its as if the makers know about the July 18th cutoff)
The way I am going to play this is to distribute all of my allotted capital to the April 14th expiration. That is, 100% of the capital is going toward three different strikes, all for April 14th. I am going to enter these three strikes tomorrow, see below for details:
BUY LONG CALLS ON RGLD (80% of Total Capital)
BUY LONG CALLS ON RGLD (20 % of Total Capital)
That is all for now, see reasoning section below for strategic explanation.
IV. Options Strategy Explained:
The way I would like to play this is to mimic the process of buying and holding equity with the expectation of higher prices and steady gains. This is mainly because of the very low probability that the stock trades below 115 for the period between now and mid-July. I am making this assumption based on some of the characteristics of the particular geometric structure of the chart and the timing of the major underlying trends in precious metals.
As far as strike selection goes, 110 is an extremely safe level from here on out. As it stands today, the premium structure is such that you can pay proportionately the same for the 115 and 120 strikes without incurring an additional cost for this safety. This deal exists for the 4/14 110 strike, but it will not last, so I advise entering swiftly at some point during the trading day tomorrow. The only barrier for this strike is the higher cost per contract, which is why the saying goes, "it takes money to make money." Still, with the protection it offers in this spot, Id much prefer to own half the number of contracts with less than a quarter of the implied risk.
To this last point of having to tradeoff between safety and number of contracts owned - the solution lies in the remaining 25% of allotted capital going towards the much more aggressive 130 strike for the same expiry. While I say "aggressive" with a straight face, it is a little comical to call it as such given some of the other plays I've made in the past. The point is that this trade is golden and proof of this lies in how un-aggressive the aggressive portion of the position is.
Unlike the SBUX play, this one is slower and more methodical and may last until mid-July. Therefore, I do not foresee making many changes to the above setup, in terms of the options held. I will provide an updated plan around mid-March depending on how much RGLD moves from now until then. Otherwise, I will not provide mid-play guidance for this one, unless something extremely strange happens where gold gets outlawed or something in the next couple of months.
America has outlawed gold before, so it wouldn't totally shock me. Sort of kidding, but whats great is that it represents the biggest risk that I can see with this trade.
= Bagz Galore
-King-Pig
NASDAQ:RGLD
AMEX:GLD
TVC:GOLD
TVC:SILVER
FXOPEN:XAUUSD
COMEX:GC1!
MCX:SILVER1!
AMEX:GDX
AMEX:GDXJ
FTX:PAXGUSD
$BABA buy zone 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team wants to start a good-sized position at the buy zone depicted on the chart. We either buy here or not at all.
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
LTC LITECOIN USD : LITECOIN RUNNING FLAT AND BULL FLAG $10,000!LTC LITECOIN USD This is Litecoin on the 4 month, and as you can see there has been a running flat correction from its run up 2015-2017 for the last 5 years. Litecoin has been in a bear market technically for the last 5 years correcting on a 4 month candle chart. At the same LTC has formed a massive bull flag in this correction, with a measured move up to $10,000 like I talk about in my other charts. Im not sure when we will get there but i believe the explosion upward for Litecoin will be so swift and so fast and unexpected it will catch everyone off guard. I see people comment with crap to say about Litecoin like its dead, no use case, old news, better projects blah blah blah. Something people should notice is that Litecoin has been and always will be around. Right now Litecoins price is way below its value. Ever notice how when CNBC or Other news channels when they do a crypto market roundup or talk about cryptos prices etc they always use Bitcoin, Ethereum and Litecoin! People who say Litecoin is dead should ask themselves why their favorite project be it Doge, Shib, XRP, ADA, SOL etc aren't used to show market conditions on Mainstream Media? You can actually see an example of this from just a couple of days ago, Anthony Pompliano was on CNBC, I believe it was, and they talked about the current state of the market. The three coins they showed the percentage loss on was Bitcoin, Ethereum and Litecoin. Litecoin is going to take over the payment space In my opinion. Its position will be right under Bitcoin on the market cap in position 2 or 3, where it was for a long time before and will be again in the future. You'll never see Litecoin again at these prices, this is a no brainer for me to load up on LTC now. So what if we drop a few more bucks, then DCA in, and think about the reward you will get in the future when LTC smokes past everything and everyone's expectations and gets back into the #2 spot with a price in the $10,000 -$20,000 USD range. This is not trading advice this is just my opinion. Thank you follow me for for updates and analysis. Good luck out there my friends.
BTC BITCOIN USD : WHEN IN DOUBT, ZOOM OUT, WAVE 5 MACRO BREAKOUTBTC on the six month chart is showing that we just completed the correction of wave three. Wave three never corrects lower than wave one. It rarely even touches it. The 5th impulse wave is going to leave many behind. This is not trading or financial advice this is just my opinion. Follow me for more updates and analysis. Thank you.
$BABA my team is underrated 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
We've been here before. My team isn't expecting to lose this trade, but if we do it would only put a small dent into the 35% gain that we've already acquired.
Our Entry: $111
Take Profit: $128
Stop Loss: $102
If you want to see more, please like and follow us @SimplyShowMeTheMoney
gold is short short tradeas you can see here go short target 1831
risk management
after consolidation 1831 its reach to 1900 this week trade with supply and demand
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Precious Metals continue to surge against cryptos#Bitcoin and #Ethereum have been in a lot of hurt lately, and the end has yet to be seen.
This custom chart shows #Gold and #silver in their historic proportions versus major cryptocurrencies #BTC and #ETH.
As you can see, PMs have been outperforming cryptos in general since November of last year.
A reverse head-and-shoulders can be found in this chart, implying that the pain for the crypto market has a ways yet to go.
It used to be common to have 5 to 20% of a portfolio in precious metals depending on risk tolerance. With the threat of inflation those numbers should be significantly higher. Today's median crypto investor has 0 in PM holdings. Luckily there is an easy way to convert crypto to actual, allocated, physical (and even deliverable if desired) gold and silver.
Check out the Kinesis platform to learn more: kms.kinesis.money
Good luck out there everyone
xauusd megaphonegold is in megaphone pattern atm. heavy bullish power and left us a strong 4hr candle with no obvious retracement. price closed at the top of the megaphone trendline inside a supply zone which is near a strong resistance. also price is respecting the 4hr .618 fib retracement from the move down from 1917-20. if bulls is present when the week open and break 1978 then we possibly see 1917-20 with fib levels as tps. if price rejects we can target 1830-25 but the down move can also be a retracement for liquidity to upside. Im expecting a move down to at 1860 when the week open if anything
BTC USD NETFLIX EXPANDED FLAT FRACTAL, BTC TARGET $200K+BTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year and is now ready to complete the other 50% of its bull run. Sometimes climbing a mountain you need a break if its too steep at the halfway point. If its a nice slow steady incline then a break usually isnt needed. This is not financial advice this is just my opinion. Follow me for more updates and analysis and leave me a like and comment if you find this content useful. Thank you and good luck.
$BABA china fights to boost economic growth 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team purchased shares of Chinese online and mobile commerce company Alibaba $BABA at $88 per share. Our take profit is $118, which is a 34% increase from current levels.
The Chinese economy is desperately in need of a boost. A cut on lending rates is expected to be announced tomorrow. This will boost credit demand and take some weight off of the economic slowdown due to COVID-19 interference.
Good luck to all!
Our Entry: $88
Take Profit: $118
If you want to see more, please like and follow us @SimplyShowMeTheMoney
DXY USD : TRIPLE TOP NOSEDIVE TO 92.9 BY Q4 2023 - FRACTALSDXY USD is showing some weakness and overbought conditions on the monthly. The run is over for now ans this triple top will correct down to about 92.9 to 93.5 over the next year and a half. RSI has a fresh curl down and the MACD isn't far behind on its down curl. BBWP is at extremes on the way down as well. I show also just one of many examples of these fractals in the DXY that show the same pattern triple top within a channel range then a drop to the about the bottom side of the channel/support. The MACD and RSI on both fractals also act very similarly as I have shown. This is not financial advice this is just my opinion. If you find this content useful, please give me a like and follow me for more updates and analysis. Thank you and good luck out there.
EURO USD : RETEST OF CHANNEL RESISTANCE THEN BREAK TARGET $1.65EURO USD is looking pretty good on the MACRO. A break of the channel was attempted but failed. I believe a retest of the rising trend-line within the channel is possible without a break below but if it breaks below we may retes the bottom of the channel support before moving up and breaking out of the channel. I dont think that is what will happen because the MACD has a fresh curl up, RSI is curling up it looks like a move up is incoming. This is not trading financial advice this is just my opinion. Thank you.
The unwinding of the global excesses will be epic (not here yet)I was just looking at some data and put this chart together. Pay attention to how the dynamics of USD assets have changed over the past 3+ years - and the excesses built into the global economy since the 2008-09 GFC.
As much as I want the global to navigate a soft-landing process, I see the excesses of the past 8+ years unwinding in a somewhat extended format through 2025 or beyond.
Because of this expectation, I believe the US/Global markets may enter a period of extreme consolidation over the next 4+ years before attempting to shift back into a longer-term bullish price trend. This means we need to stay focused on assets that provide safety and security while attempting to navigate a broad global capital unwinding process.
Bitcoin and other speculative assets may see massive revaluation events - same with Technology and Innovation sectors.
Traders will get chopped up unless you are able to target quick profits and/or ride our shifting capital trends in various global assets. Passive investing may seem like the safe play - but I believe CASH and HEDGING will outperform almost everything else over the next 3+ years.
Follow my research and learn how to spot these bigger cycle trends. The peak in the US markets is not here yet - but when it happens, be prepared for extreme market volatility.
$DXY bearish scenario 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
Recap: Green trendline has the potential to become a new resistance that could lead $DXY to retest the support depicted in red. Support has been holding up for the past six months...but will June be the month that breaks the camels back?
Bullish scenario for the US dollar $DXY is pretty self-explanatory, but my team wanted to share with you guys a bearish scenario that could also play out. We aren't fortune-tellers so don't expect a bearish scenario to play out exactly how we've depicted it, but this chart should serve as a useful reference tool throughout June if we do see further correction on $DXY.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
BTC BITCOIN USD : MASSIVE BULL FLAG, MEASURED MOVE TARGET $200KBTC BITCOIN is in a major bull flag on the macro. This is the bottom and we are going to see a serious move to the upside in a short period of time. Dont listen to everyone saying its going to tank, its all crap. Bitcoin always goes against the crowd and if youve been in this space long enough then you should know that. When everyone is bearish Bitcoin ALWAYS does the opposite, and the same for when everyone is bullish Bitcoin takes a shlt. This bullflag is massive and is going to propel BTC to some serious new all time highs. I cant wait to see the faces of everyone calling for a further drop lol its priceless watching backtrack. Also Bull Flag patterns are one of the most reliable patterns in trading. This is not financial advice this is just my opinion and what I am doing. If you like this content then leave me a like and follow for more updates and analysis. Thank you
PIVX USD : PIVX MULTI YEAR BULL FLAG BREAKOUT TARGET $100PIVX has been around for a while and I've always liked PIVX. I believe if this pattern plays out then we will see something extraordinary out of PIVX and maybe all of the reputable and stable/secure staking coins. The USA government is going after Proof Of Work mining because of the energy it requires to run and the environmental pollution it creates, its within the executive order that was signed in the Crypto Bill. I believe also that is why Ethereum switched over to Proof Of Stake early is because they knew this was coming and they got ahead of the game, which in turn will probably cause a flippening with Bitcoin putting Ethereum in the number one spot. At least until Bitcoin switches over or finds a new innovative way. I dont know exactly what is coming but something is in the works and i think we will see a mega rally in the staking coins in the not too distant future. PIVX has been playing out a massive bull flag for a few years now and it is reaching what I believe to be its end and PIVX will blast through the upper resistance line and making a run up to about $100 dollars each, which would be a measured move by the size of the flagpole. Its easily possible, especially with a team that has been busting their ass for a while. If you find this content useful then please leave a like and follow me for more updates.
This is not trading or financial advice, this is just my opinion and what I am doing! Thank you for looking!
IBM USD NYSE: NEW ALL TIME HIGHS COMING, ASCENDING CHANNEL ??IBM has been in an ascending channel formation for a while now. We've had two touches and I believe there is one more then a correction to the bottom support line before the decision of whether this channel will break to the upside or whether we will break to the downside. Thats years away and we can revisit that then but for now it looks like IBM is about to make a nice move to the upside to new all time highs in the $300 dollar range. The MACD is curled and primed and the BBWP shows volatility is expanding while the RSI is kinda neutral but headed upwards. I think a nice move in the works, and it has probably already started. This is not financial or trading advice, this is just my opinion and what I am doing. Leave a comment below and follow me for more! Thank you and good luck!
$XAUUSD: Huge reward to risk bottom signal...$I'm long PMs as of today, Silver and Gold acting strong after a weekly down trend expired recently. As per my long term yearly chart data, both $XAUUSD and $XAGUSD show long term uptrend signals active and are attractive to rejoin that potential scenario being oversold into support, while short term charts progressively turn bullish from daily upwards. Weekly had a signal which will expire next week and implies a potential mean reversion move towards $1927+ within the span of 6 weeks or less. The daily timeframe turned bullish today, reversing the recent weakness seen since March 8th when metals peaked. Select gold and silver mining stocks look very appealing with low valuations once again ($GFI, $SBSW, $PAAS, $AU, as well as $SCCO and $FCX to name a few).
Decent opportunity to go long with low risk vs potential upside in the case of a stagflationary scenario or a scenario where real rates stop going up or come down over time. which seems likely given demographics and fundamentals. For instance, the adoption of renewable energy and electric vehicles to resolve climate change and potentially address the energy crisis at hand could serve as a tailwind for precious and base metals and mining stocks in general. Long term investments can be done with funds that we can afford to lose or see cut in half to hold for long as necessary to let this trend play out, the trend in $XAUUSD is also a great short term trade, from where we can hold long exposure with big size, while risking small given the tight stop that is possible here at the signal invalidation. Long term positions are better done with physical gold and silver ETFs and/or mining stocks to buy metals in the ground, rather than dealing with futures or CFDs and their carry.
Best of luck!
Cheers,
Ivan Labrie.
Vox Royalty to C$4.50Vox Royalty (TSX-V:VOX) Corp has told investors it expects to report royalty revenues of between C$10 million and C$12 million in 2022—more than double what it realized in 2021—as it also revealed it has acquired a producing royalty on a Western Australian iron ore mine.
The royalty, purchased from a private vendor, is a 1.25%-1.50% sliding scale gross revenue royalty (GRR) on the Wonmunna mine operated by major Mineral Resources Ltd (ASX:MIN).
Vox is paying US$4.75 million in cash, US$12.15 million in Vox shares, and issuing 3.6 million share purchase warrants with an exercise price of C$4.50.
"The Wonmunna royalty acquisition further expands the revenue and growth profile of Vox and is accretive on all key metrics," said Kyle Floyd, CEO of Vox in a statement.
"The opportunity to add significant, immediate, incremental revenue through a non-brokered accretive transaction with a private seller generates significant value for Vox shareholders for years to come.
©Proactive Investors
The line that I find most interesting is 'warrants with an exercise price of C$4.50', as the current price action is hovering above C$3.00. For the vendor of the Royalty to find this deal acceptable they must have looked at Vox Royalty Corp and seen what others clearly can not see. And that is a 50% increase in value at the minimum.
Warrants and Call Options Similarities
The basic attributes of a warrant and call are the same:
• Strike price or exercise price – The guaranteed price at which the warrant or option buyer has the right to buy the underlying asset from the seller (technically, the writer of the call). “Exercise price” is the preferred term with reference to warrants.
• Maturity or expiration date – The finite time period during which the warrant or option can be exercised.
• Option price or premium – The price at which the warrant or option trades in the market.
©Investopedia
For a strike price of C$4.50 to work, the share price needs to be above C$4.50 or otherwise the warrants have little to no value.