Auguraltrader

Auguraltrader Updated 

Quick note... BTC Bitcoin appears to have aligned with Gold in 2020. See the buy signals and one sell signal almost co-aligning in the overlaid charts.

Auguraltrader Updated 

TIPS is an leading indicator, according to Russell Napier, and it is one of the few leading indicators that have been shown to pre-empt market movement (most of the time). In this comparison daily chart of TIPS and the S&P500 (orange line),you can see the recent lead but TIPS, and it is now under a Sell signal, with technicals pointing to the end of the bullish...

Auguraltrader Updated 

Yes, still bullish up trending, but honestly, look at the technicals and it’s like crazy... Cannot keep this weak rally up for too much longer. MACD is so bearishly divergent and recent rally is weak Th ebottom panel is the net non-commercial interest and it has been steadily waning as price edge higher. I thought it was going to give way earlier but everything...

Auguraltrader

Interesting correlation and a leading indicator I picked up from Russell Napier since November 2008. He gave me a tip about TIPS, available in his book Anatomy of a Bear. TIPS is one of the leading indicators used by RN. In this correlative analysis, TIPS gave a heads up of the unsustainable rally of the equity market with a bearish divergence in the MACD. Now...

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Not something to short, but finally an opportunity to get ready for a second bite of the cherry, if not the last stop to boar the train is coming up... this expected pullback (mentioned before that it can pull back as deep at 1400-1600 technically, despite all rational reasoning) mane deeper than expected. Regardless, it allows an opportunity to look for entry...

Auguraltrader

Going down... just saved by the skin, but next week bring greater head winds. Technically, it’s on the way...

Auguraltrader

Gold prices had been on a year to 2000+, and this was expected over a year ago (may not have been posted here previously). Nonetheless, it had stretched to reach and exceed its target, and is now contemplating what to do. As it does that, the Gold futures GC1! has made a series of lower highs(marked by the white resistance lines). The thing is that it is not...

Auguraltrader

The USD futures is following a pattern (although not in magnitude) that I drew out weeks ago.if that would be the case, in a week or two, we should see the USD futures break above 31.40. Similar in technical case with the USD Index

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Appears to have based out on the support and MACD is giving a heads up that it is bullishly divergent, waiting for a breakout soon. The second downtrending line should be broken soon, and then a higher high made. Watch for it...

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Looks dangerous... breakdown below 3350 is spelling trouble in uppercase. MACD is not committed but has downside bias. Watch 3350 and then 3300 levels.

Auguraltrader

In a market where everything goes up, and ignoring the fact that we are no better than when the year started... something was gonna give. It is Crude Oil that appears to cave in first... The daily Crude Oil futures CL1! clearly shows a waning momentum to push oil prices just about 42. And this waning momentum was under a technical bearish divergence of the MACD,...

Auguraltrader Updated 

Gold prices had (as expected to clip above 2000) reached 2089 and rolled over. Previously mentioned that Gold was looking for a lower low in the 1H chart, and it happened, breaking down past 1950. This also broke down below the 55EMA. It now has a clear lower high, and is aiming for a lower low on the 4H chart; retesting 1950 and likely to fail soon to go down...

Auguraltrader Updated 

Let’s see! Really see it pulling back harder to the surprise of many...

Auguraltrader

Looks like the S&P500 ran out of steam, as it climbed strongly, then leveled off, then consolidated, and a sudden breakdown. The fuchsia ellipsewas drawn earlier in another idea post, and now, it’s about time... Watch for a lower high and a lower low following...

Auguraltrader

Relooked into a previous patterned and added some Fibonacci into the equation, as it appeared to have some pattern in the background. Lo and behold, there appears to be some Fibonacci pattern and here is what it looks like: 1. Each long term rally has a base triangle pattern of similar magnitude. 2. The next stack pulls back to form the bottom of the next...

Auguraltrader

Just a couple of days ago, Gold hit a high of 2089, and then it appeared to have capitulated for a short and brief period below 1900. This has very deep technical implications and I was asked if I would see gold at 2000 again, and importantly... when. So, in an attempt to check out the technical bull and bear potentials, and despite requiring more time for Gold...

Auguraltrader

Silver hit target early, and is likely to retrace hard. Crash? Not likely yet. Candlestick patterns are indicative of the end of a parabolic run, if not at best a sizable retracement. Watch it forms throughout this week...

Auguraltrader

Gold has had a beautiful parabolic run and last week just short of 11 to the earlier target set out at 2100. Once Gold hit 2089, it pulled back significantly. Enough to have pretty much an engulfing candlestick pattern with MACD turning to cross down. This week should tell clearly if this was Gold’s top. Still possible to have another attempt at the historical...