7878max

7878max Updated 

Basic idea with a possible J-hook forming. I like Dust's bottom curve formation and the fact that it gaped bull 3 days ago. Stop is the gap area. This idea breaks if Dust fills the gap, can't stay above the 10EMA and it loses it's curve like feature turning into a J shape. The markets are wild so you need to make your own calls. Market forecasts (charts) are...

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Sediment for miners has been bull and you can try bull miners on the flip side. Dust is riding down the 3 EMA daily and will need to find an oversold area then check back in with the 10EMA. I'm thinking it should ride down the RSI to 30 or a bit lower. This is a bounce idea and not a long term trade. I think gold will be bull and top out near 1280-1320. This is...

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I'm seeing a dragon on the 30 min or 1 hour chart. We'll see if she blows her flame.

7878max Updated 

Oil is losing upward power and the oil ETFs are becoming overbought and oversold. This idea is playing a daily bounce back to the 10EMA and gap area. After that oil will have to figure out which to go.

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Bull miners appear to be overbought and the same goes for spot gold. Simple in and out play. Stop below buy. The 3EMA and 10 EMA gap is becoming too great. Price needs to check in with the 10 EMA daily with a bounce or sideways action. After that miners and gold will determine the direction. Side note, miners have been ultra choppy.

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Bull oil ETF for possible gain. Should it continue bull, target around 16ish and should find itself oversold on the daily then pull back. Just a short term trend thing.

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Forecast idea for long term Gold. Short term we'll rally from to 1250 then drop 1180-60. There will be a strong bull rally reaching 1400 by end of this year then pullback. Rally in Q1 2018 topping near 1600's. Plenty of opportunists for bulls and bears. Volatility is where profits are made. I feel after Trump's term Gold will strongly drop into a wave C. Lots of...

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This isn't a price forecast, I'm just pointing our the seen daily candle pattern. I'd say bearish as a continuation, but that'll become evident soon....I think next week.

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This idea works off a forecast that oil will continue bearish. I feel it's time to buy SCO and put a stop near $43. I feel the July 5th large bear candle is a reversal to begin a new trek downwards. I also think oil should eventually go into the high 30's before ending it's bear run, but I'm only targeting a retest of last bottom near $42 oil ($52ish for SCO)...

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Basic idea that gold may go bullish soon. Nugt hit the 50 SMA daily today and bounced negative. Still, I think gold should go bullish shortly and nugt should go towards the 200 sma daily. They're blaming a fat finger trade on gold decreasing in price. I guess they ran out of other things to blame it on. Comical!

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This idea works off of bearish gold. Gold had a nice bull run, but it looked like a strong correction. If you look at the gold chart you can draw a reversed "J" in the price action. That should be a continuation pattern of the prior bear trend. All this should take miners bearish. To me, I feel this move down will be deeper than the 1st bearish move. I've seen...

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The selling of miner ETFs seem to be slowing as Gold continues downward. It's a basic idea that selling should stop somewhat shortly and price should reverse to the next area of resistance. The gap area and 50 SMA would be obvious (to me). After that upward target area, the chart would need to be reworked. Price dropping far below buy box would break this idea....

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Solar ETF showing a curve in price action. Stop is any price movement that breaks the upward curve. Target can be adjusted if upward pressure is strong.

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I'm not sure how much oil will correct before a buy on bearish oil. It may be shallow or a moderate amount. I feel the last impulse up in bearish oil will be strong and fast. Try to be open minded on the last impulse strength and have a trailing stop. It may exceed the target box, so adjust on strength.

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This is an airline short idea. Monday needs bearish price movement for this idea to work. The stop is tight as Monday MUST be bearish or the idea is broken. Target can be adjusted if a future decline has strength.

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This move should be relatively quick and I'd trade in and out when needed.

7878max Updated 

Looks like this is in an impulse wave. I feel this current wave will be strong. Stop set at 1.90. Justin Trudeau is supposed to make a Canada MJ announcement on this April 10th. Aurora cannabis is listed in the Canadian Marijuana sector EFT HMMJ.

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Nugt made an engulfed bullish candle that was greater than the previous day. I feel were now moving up for a final wave of an ABC correction. Dust and Jdst (bear shares) haven't been able to stay above the 10 ema for a several weeks (bearish trend). The dia and spy had a very bearish candle trying to go up in price today. Stop at 9.20.