Benbarian

Benbarian

xop, might have more room to the downside. It is not yet showing a 5-wave up. We might see a retest of wave 4 untill we can call the correction completed.

Benbarian

How far are we away from monthly: SMA 36 Mom 12 It looks like might really be ready for bounce - catching the falling knive?

Benbarian

No clear bottom just yet. MacD on the monthly and Stoch RSI are not giving any signals. The Moving averages are also still trying to catch up to the downside.

Benbarian

Risk to reward will look quite good. and 40$ should be achieved. After the breakout (the red dotted line)

Benbarian

How would it look.. ..if we were to reach valuations like 1980 or 2011... ..just nominally measured, today..

Benbarian

What if.. Usoil reaches valuations like in the past.. Where would we go.. Just an Idea.. after the last charts put togehter in one picture

Benbarian

Which instruments behaves like Silver? Just have a look at the 90% Correlation to Silver. If you are bullish on Silver, you have to be on GDXJ as well.

Benbarian

Currency in Circulation priced in Silver. The ratio of 2011 would translate into 104$ Silver in todays prices. Of course the currency in circulation will fluctuate. This is just a measure of todays ratios.

Benbarian

DEU40/DEPPI German DAX vs german Producerprices Good sign for commodities? Silver rocket fuel?

Benbarian

What does these 2 instruments have in common? Same capital flows? Or just a coincidence?

Benbarian

Do we make a lower low, and head higher afterwards?

Benbarian

lower timeframe view. do we head a little more down until we continue the move up?

Benbarian

Above the cloud. Above 3 + 1 Year moving average. Are we in Wave 3 and heading for 1.618 extension?

Benbarian

Looks like a little more room to the downside. Before we will head much higher.

Benbarian

there might be a little more room to the downside, before we continue with wave 2

Benbarian

Nearing the resolution. Could be the low. but.. It might as well retest point E (wave 4)

Benbarian

Target based on past behavior. 1.681 extension seems like a point of interest. This is on of several possible pricetargets.