BitterSweetMarkets

BitterSweetMarkets

Lots of fundamentals heading into winter to further support higher prices. Time frame medium term.

BitterSweetMarkets

Short...Time frame 'Long Term'

BitterSweetMarkets

Topping pattern in play...

BitterSweetMarkets

Today Toyota and Soft bank have teamed up for the driverless car challenge ...

BitterSweetMarkets

Medium to long term contract....I'm Shorting !

BitterSweetMarkets

Going long...Time frame...weeks maybe months.

BitterSweetMarkets

The bottom could well be in...Im long at 2.15...Holding time frame...weeks or months.

BitterSweetMarkets

To be on the safe side, put this one in your watch list and wait to see how it behaves at the 200ma. A break, hold and close above on the Daily chart and you should be good to go..(long)

BitterSweetMarkets

Being slightly undervalued, coupled with basic technical analysis and some research into the companies current climate gives you a good a chance as any !!

BitterSweetMarkets

Getting the timing right when attempting to trade alongside the commercial hedgers considered the smart money is no easy task, to say the least. When they are heavily short it can still take weeks for that asset to start falling in price and of course they do make mistakes, and vice versa when long. And so assume nothing..Use stops !!

BitterSweetMarkets

Sentiment indicators are reaching extremes regarding the dollar, and so this currency could spin around at any moment. Use stops.

BitterSweetMarkets

Through backtesting i can confirm that over the past almost two decades when hedgers were as enthusiastic as they are now about rising prices...the VIX began to rally. Of course that does not mean its going to happen this time...Its just that it is likely. But as always the question remains WHEN ? It could be one hour from now...it could be one week...

BitterSweetMarkets Updated 

The commitment of traders report shows hedgers are very heavily exposed to the CHF.

BitterSweetMarkets

It is important to remember this analysis is for the longer term results...

BitterSweetMarkets Updated 

Wait for a break, hold and close on the Daily chart below mentioned support..before following through.

BitterSweetMarkets Updated 

Pivot point support at trend line support (wedge pattern) held nicely.. now fib level in play and trend line resistance to deal with... Its all going on !!

BitterSweetMarkets

Predicting turning points in any market is a bitch of a task...forget assumptions...be patience and wait for good confirmation, patience usually means many days if not weeks... ; )

BitterSweetMarkets

During these times there are lots of fundamentals to consider before jumping aboard this market which are not mentioned in the chart report. Wait for confirmation on direction.