GOLD FUTURES 240 COMEX Updated 7/19/2016Price continues to hold support on sliding parallel. Look for continued upside momentum and a buy if price shows a wide range bar up.
Medianlines
SANDP 500 Futures 240 CME Updated 7/19/2016Price is beginning to show more consolidation and weakness, look for possible drop as mentioned earlier to sliding parallel
GBPNZD Uptrend Is About To EndLooking in the hourly chart in GBPNZD we may see that price is climbing and soon may reach the upper parallel of a median line. The MACD bearish divergence shows that this up move is losing momentum so most likely price will reverse from the upper parallel. We should wait for a breakout below the uptrend, wait for a correction and go short aiming the median line of the fork.
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Gold Sell Opportunity At The End Of CorrectionGold is moving in a corrective structure after an impulsive wave to the down. Moving up in this correction it might rach a level where we have strong resistance from previous structure and a the upper parallel of a valid pitchfork. If price reaches this level we should watch for a sell setup and sell gold.
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CADJPY Tremendous Risk/Reward Ratio Sell SetupKeep a closer eye for price to reach and retest the upper parallel of a long term median line. In case it rallies and reach this level it should be a go for me, selling this market. I will personally aim for the half way towards the median line for a 5:1 risk/reward trade.
No matter the outcome this is a worth taking opportunity.
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LIGHT CRUDE OIL FUTURES 240 NYMEX Updated 7/18/2016Look for a possible move to the upside on blue fork before further drop down.
GOLD FUTURES 240 COMEX Updated 7/18/2016Gold has pulled back from the top Median Line. Look for price to hold here and go up, if not it may go to middle Median Line.
SANDP 500 FUTURES 240 CME Updated 7/18/2016Price found support as predicted on previous charts, look now for possible pullback to sliding parallel around 2130 before continuation
USDCHF Watch For Buy Setup At This Key ZoneJust wait for price to retrace and enter to the zone i have drawn in the chart. If this happens, watch for a buy setup to complete and go long with USDCHF.
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EURUSD Correction About To Be OverPrice has been in a corrective structure for a while and most likely we are about to have another move to the down next week. If we have a breakout below the correction we should wait for a pullback to the parallel of the median line and go short.
Soybean Futures D CBOT Updated 7/6/16Price is coming off the high near 1200. I am thinking price may pause around 1000-1050 for a bit before going higher. Look for possible opportunity there.
Silver Futures 240 Comex 07/06/2016Price ran into a sliding parallel in late june and price bounce higher to the upper median line. Look for price to resume uptrend on middle median line.
Light Crude Oil Futures 240 Nymex Updated 7/5/16Price hit 46 area then reversed, formed new Sliding Parallel, and retested and dropped lower. Look for move to 45 and lower.
Gold Futures 240 Comex Updated 7/5/16Price is continuing to go higher, look for pullback and possible opportunity again on next gold arrow
Wheat Futures 240 CBOT Updated 6/30/2016Look for price to continue to drop down
to 420 area. May retrace to ML for short
at Down Arrows
Gold Futures 240 Comex Updated 6/28/16As predicted in my last chart marked with possible reversal area, price shot up from sliding parallel. I think price may return to median line or another sliding parallel frequency before going back higher.
S&P 500 Futures, 240, CME Updated 6/28/16As predicted by the downward fork, price dropped significantly on Brexit news. A drop from the high to the lower Median Line has pushed price into high volatility. Look for a drop again at the middle Median Line retest.
#EURUSD DLY: What can't go up......must go down.
EURUSD failed to reach the bullish blue median line twice. Then is started to follow the bearish red pitchfork. It broke through the lower MLH's support and it's on its way down. It is likely to reach the dashed line, which marks the size of 'price reaction' extent below the new sloped balance line (being equal to the size of price action' above the balance line).
Post Brexit: EURGBP, buy the dips.Weekly chart, bullish flag pattern. Pullback to 0.79 could offer a good risk reward for further upside targeting 0.809 followed by a move to 0.84 and 0.87 as the next minimum targets. Long bias invalidated on a close below today's low of 0.76.
WHEAT FUTURES 240 CBOT Updated 6/21/16Possible long in this area, for a few, but price is showing extreme bearishness, so blue median has to hold.
