649bruno

649bruno

This is an update for those of you who follow-XAUUSD. There are plenty of sharks in the water. From the chart action I would say the trend is down. Most time horizon charts for-XAUUSD are very negative. 1. There has been a complete breakdown since the wedge was violated (see chart from six days ago). 2. Many sell Fractals. 3. The top middle indicator is a 9...

649bruno

This is an update for those of you who follow-GDX. There are plenty of sharks in the water. From the chart action I would say the trend is down. Most time horizon charts for-GDX are very negative. 1. There has been a complete breakdown since the wedge was violated (see chart from six days ago). 2. Many sell Fractals. 3. The top middle indicator is a 9 interval...

649bruno

Sometimes I see stocks recommended on national TV coverage and I would bet that people rush out and buy on these "tips". I watched as-CME was recommended. I just couldn't think of any reasons why. CAVEAT EMPTOR is a Latin phrase that means: "The principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase...

649bruno

TTMI-Part 2. If you examined TTMI-Part 1 you would see a solid up-trend (daily chart). As you can see on this 30 minute chart, TTMI-jumped at the open and is quite strong. Why? This happens because if the primary trend is up, the shorter term trends have a tendency to "jump". Investors that do not have positions are waiting for logical entry points. Position...

649bruno

A stock that shows strength in a daily interval is one that will usually keep climbing, even in market turbulence. Examine-TTMI. TTM-Technologies, Inc. is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). The Company operates approximately 30 specialized...

649bruno

Here is an update from one day ago: Most time horizon charts for-XAUUSD are very negative. END OF RECAP. As for this chart on-XAUUSD: Plenty of NEGATIVES... 1. A five wave Elliott impulse wave structure was just completed. HUGE PRICE BREAK AFTER CORRECTIVE WAVE C AND WEDGE FAILURE. 2. The A-B-C corrective waves were negative. After wave C, the phase energy...

649bruno

This is an update from one day ago: One of the readers of my charts said I had "tunnel vision". He said I was so hung up on Fractals that I missed the bigger picture. I can publish a chart for you, which is a static road map of market action. But you should realize that I do a seven to one countdown and select the most appropriate chart to show you. This means I...

649bruno

Most time horizon charts for-XAUUSD are very negative. As for this chart on-XAUUSD: Plenty of NEGATIVES... 1. A five wave Elliott impulse wave structure was just completed. This had a down-ward bias. 2. The A-B-C corrective waves were negative.After wave C, the phase energy action (lower top indicator) was negative. 3. The top middle indicator is a 13 interval...

649bruno

One of the readers of my charts said I had "tunnel vision". He said I was so hung up on Fractals that I missed the bigger picture. I can publish a chart for you, which is a static road map of market action. But you should realize that I do a seven to one countdown and select the most appropriate chart to show you. This means I actually look at seven charts to...

649bruno

STWD-has completed a bearish three drives pattern. (Three red arrows ). This setup could forecast possible change in trend from up to down. Negatives : Bearish three drives pattern. Four hour charts are already very negative. The DMI-has become negative (top indicator). Phase energy (top lower) has a downward trend. Chop Zone (under chart) has gone from positive...

649bruno

I have been publishing daily charts for-GDX. This is a four hour perspective. A shorter time "snapshot" for you to review. Negatives: There is a well defined down-trend channel. The top middle indicator is a 13 interval average of phase energy (lower top), and this is sagging. The top indicator is 34 interval momentum indicator for-GDX, and this is...

649bruno

Negatives: There are three tops in place with a down-ward bias. The three indicators on top are in the early phases of rolling over to the down-side. The Ichimoku Cloud is falling. The Ichimoku Cloud has a red border. Chop (under chart) is in the shaded area, which indicates lack of strong trend. What to look for: A buy Fractal is still in place at .76714 (in...

649bruno

This is an update from a week ago. Not much has changed. No trend. Negatives: 1. Last valid sell Sell Fractal was Sept 13th. 2. Your compass for direction, the alligator, is sleeping. 3. CHOP is ABOVE the shaded area. This predicts NO trend. 4. CHOP ZONE is green, white, green, indicating no trend. 5. Prices are trading at the Ichimoku Cloud . 6. Prices are at the...

649bruno

This is an update from 48 hours ago, a chart I published on-GDX. I thought this was necessary because I watched as-GDX was recommended on national cable television today. I strongly disagree. Here are ONE DOZEN negatives I see in-GDX, and why I feel this-ETF is a sell: 1. Sell Fractals in effect (red rectangle on chart). 2. Alligator jaws NOW OPENED in tandem...

649bruno

Update from 4 days ago-DAX. 1. Sell Fractals in effect (red rectangle on chart). 2. Alligator jaws CLOSED in tandem with sell Fractals. Alligator sleeping for now. THIS IS YOUR DIRECTIONAL COMPASS. 3. Chop indicator (under chart) is well above the 38.2 shaded area. This indicates a ZERO trend and, at best, sloppy action with a downward bias. 4. Phase energy (lower...

649bruno

UPDATE: Here are ONE DOZEN negatives I see in-GDX, and why I feel this-ETF is a sell: 1. Sell Fractals in effect (red rectangle on chart). 2. Alligator jaws CLOSED in tandem with sell Fractals. Alligator sleeping for now. THIS IS YOUR DIRECTIONAL COMPASS. 3. Chop indicator (under chart) is well above the 38.2 shaded area. This indicates a ZERO trend and, at best,...

649bruno

Look at your stock/ asset portfolio and determine if any of your holdings suffered severe technical damage in market declines. It really isn't a stock market, it's a market of stocks. Strong stocks are worth investing in. There are strong stocks. One such stock is-PJC. From a technical standpoint, Here are the positives: 1. Currently multiple buy Fractals...

649bruno

Here are ONE DOZEN negatives I see in-GDX, and why I feel this-ETF is a sell: 1. Sell Fractal in effect (red rectangle on chart). 2. Alligator jaws opened in tandem with sell Fractals. Alligator feeding in down-trend. THIS IS YOUR DIRECTIONAL COMPASS. 3. Chop indicator (under chart) is well above the 38.2 shaded area. This indicates a ZERO trend and, at best,...