649bruno

649bruno

This is a 3 Hour Chart. it is more bearish than the daily. Here are ONE DOZEN negatives I see in-XAUUSD, and why I feel-Gold is a sell: 1. Sell Fractals in effect (red rectangle on chart). 2. Alligator jaws OPEN in tandem with sell Fractal. Alligator FEEDING IN DOWN-TREND. 3. Chop indicator (under chart) is above the 38.2 shaded area. This indicates a ZERO...

649bruno

Here are ONE DOZEN negatives I see in-XAUUSD, and why I feel-Gold is a sell: 1. Sell Fractal in effect (red rectangle on chart). 2. Alligator jaws CLOSED in tandem with sell Fractal. Alligator NOT feeding. NO TREND YET, BUT DOWN BIAS. 3. Chop indicator (under chart) is above the 38.2 shaded area. This indicates a ZERO trend and, at best, sloppy action with a...

649bruno

Yesterday I published a daily chart for-GDX that was very negative. Today GDX-fell 3.62%. I am still negative. Why? 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, only top is visable because of chart distortion). 2. Alligator jaws opened in tandem with sell Fractal. Alligator...

649bruno

Four days ago I published a chart for-PYPL. Here is what I wrote: I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractal (green box). 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE, below CHOP, is green, indicating up trend. 4. The alligator, YOUR COMPASS,...

649bruno

As a person who was long gold-miners until recently, I feel the technical conditions for GDX-are now bearish. 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 Fractal. Alligator feeding in down-trend. 3. Chop indicator (under chart) is...

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Part 2 of 2. If you looked at the previous chart, which was daily, you saw mixed signals. This is a four hour chart. Here are the negative warning signs: 1. Sell Fractal (red box). 2. Your compass for direction, the alligator, is feeding in a down trend. 3. The 5/34 MACD (top middle) has a bearish cross. 4. The phase energy (top lower) is negative, with a zero...

649bruno

While there is no outright sell signal in-BTCUSD on this daily chart, there are some warning signs for caution. Since Labor Day-BTCUSD has been sideways. On this daily chart there is a buy Fractal (green box). Yet there still is a downward bias in the trading channel, and BTCUSD-has not made a meaningful move above this down channel. The top indicator (RSI/...

649bruno

In early August I was long-XME. I published an 8 year chart showing a down-trending channel. It was also a failure at Fibonacci .236 (identical to previous Fibonacci failures). I sold my position. XME-has been very weak since. I believe a new down-trend has started. There are many sell signals. 1. Sell Fractals in effect (rectangle on chart). 2. Alligator jaws...

649bruno

I am net long stocks. I own-SH. If you view the chart above you will se a steady decline in-SH. SH-are the inverse of the-S&P 500. SH-seeks daily results that correspond to the inverse (-1x) of the daily performance of the-S&P 500. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as...

649bruno

With the Friday September 9th USA-stock-market sell-off, what do you do now? Look at your stock/ asset portfolio and determine if any of your holdings suffered severe technical damage. I am long-OCLR. During the selloff I added to my position. From a technical standpoint, Here are the positives: 1. Currently multiple buy Fractals (highlighted in green box). 2....

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BTCUSD-Part 2 of 2. The chart I published just before this one was the daily chart for-BTCUSD. I saw 5 golden triggers on that chart. The fifth golden trigger has yet to kick-in. Why? It is the CHOP indicator on this chart (lower indicator, bottom of page). Yes, the CHOP ZONE is green, which is positive. But we need to see TREND for the upside breakout. There are...

649bruno

Part 1 of 2. This is a-BTCUSD Update. Since I first published my opinions on Labor Day-BTCUSD has been sideways to mildly up-trending. If you look at the chart above, the SHADY ACTION I am talking about is the CHOP indicator (below the chart). I drew five GOLDEN VERTICAL LINES that I entitled GOLDEN TRIGGERS. Please observe the price action in-BTCUSD when the...

649bruno

Home-Depot is not under construction, it is "under obstruction" (to near term advances in stock price). Here are the ONE DOZEN negatives in-Home Depot, and why I feel this stock is a sell: 1. Sell Fractal in effect (red rectangle on chart). 2. Alligator jaws opened in tandem with sell Fractal. Alligator feeding in down-trend. 3. Chop indicator (under chart) is...

649bruno

I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractal (green box). 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE , below CHOP, is green, indicating up trend. 4. The alligator, YOUR COMPASS, is feeding in the uptrend. 5. The Ichimoku Cloud (black)...

649bruno

About a month ago I published a bullish chart for-NKE. The stock did have a run from 55 to 60, but the technical condition has deteriorated. A sell Fractal was generated August 31 (red box). All three of the top indicators have weakened. The CHOP indicator is approaching an exit of the shaded area (below 38.2), and the CHOP ZONE indicator below this is red. YOUR...

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This is the second of two parts. On the four hour chart I pointed out many positives. On the daily chart above for-BTCUSD, here are some more positives: 1. RSI/ Stochastic (top) is strong; 2. 5/34 MACD (middle) is rising, getting stronger; 3. Phase energy (lower) has been all green bars (rising) for more than two weeks; 4. The CHOP indicator (below chart) is...

649bruno

I need two charts to explain-BTCUSD and its grind higher. This is a four hour chart. If you are long, here are the positives: 1. Currently multiple buy Fractals ( 5 highlighted in green box) . 2. The lower indicators under the chart are CHOP/ Chop Zone; readings below the shaded area (38.2) indicate a strong trend. The solid green indicates up. Please note that...

649bruno

Here is what I see..... The positives: 1. Upward (mild) price action. 2. Green chop zone (below chart) indicates upward momentum. 3. Two buy fractals. The negatives for you to beware of: 1. RSI/ Stochastic (top) over-bought. 2. 5/34 (top middle indicator) has declining histogram. this is a negative divergence . 3. Phase energy has two red bars, both lower. 4....