BlueHatInvestor

BlueHatInvestor

Follow-up of my " US500 Short-Med Term Outlook " chart. Updates: - Removed Horizontal Lines - Upward Parallel Channel (green) captures recent Bullish movement - Demand Zone (white box) of keen interest if price action collapses - Heavy emphasis on Fib Extension (line) & Retracement (dotted) aka Fibonacci Strategy - has been doing a decent job identifying key...

BlueHatInvestor

TVC:US20Y double-tops, while NASDAQ:TLT creates a double-bottom.. Question to ask tho - has US20Y actually double-topped, or is this just retracement for a bigger push beyond ATHs? Looking for further signs of confirmation that long-ended yields have indeed peaked...then I'll feel more confident in popping the champagne. Boost/Follow appreciated, cheers...

BlueHatInvestor

FX_IDC:AUDUSD getting the Bullish bounce after finding a temporary bottom. Intriguing price history - double top rejection looks like formation of "Left Shoulder" of a long-term Inverse H&S pattern.. If AUDUSD has indeed established bottom, extrapolating head/neckline takes price target to ~74 cents (23.6% Fib Extension - March 2020 Covid Bottom / Feb 2021...

BlueHatInvestor

TVC:SILVER rallying to the upside & revealing its Bullish inclinations ahead of key Global Economic events. Fibonacci Extension doing a great job identifying key Demand/Supply zones to watch for smaller-timeframe trend rejection/continuations. Dashed horizontal lines (~25.26/~22.21) highlight key Make or Break levels for longer duration Swing Trades. Golden...

BlueHatInvestor

TVC:GOLD seizing on relativeness weakness from Bond Yields across the long-ended spectrum. While Bullish momentum is encouraging, a definitive close above ~1913 (61.8% Fib) will be transformational. Resurgence in Bonds will most likely pressure Gold back into downward trend towards Gap Fill/78.6% Fib, or further capitulation towards $1800 territory. Traders...

BlueHatInvestor

CAPITALCOM:OIL_CRUDE capitulating under pressure from Macro-Economic headwinds. Bearish H&S development. Waiting for price action to either break/close below (higher timeframes), or break & re-test Neckline Support to trigger pattern confirmation. Extrapolation = Golden Fib target zone. Notes: - Neckline + 50WEMA/100WEMA crossover confluence - 38.2% Fib +...

BlueHatInvestor Updated 

US500 Futures sitting in middle of critical Support/Resistance levels & 23.6%-38.2% Fib Retrace. Key Global Economic data, BRICS Summit, Jackson Hole Symposium, & US Earnings (NVDA) ahead. What a crazy/volatile time to be trading in Global Markets.

BlueHatInvestor

ASX:WDS (NYSE: NYSE:WDS ) price action looks extended ahead of FY23 Interim Earnings tomorrow (Tues 22/08). Notable Headwinds: threat of imminent Worker Strikes & CAPITALCOM:OIL_CRUDE / CAPITALCOM:NATURALGAS consolidating amidst Global Economic uncertainty. Best-case Scenario: ASX:WDS also consolidates between 50-61.8% Fib + Supply/Demand confluence &...

BlueHatInvestor

Hub24 closed out of its little Flag Pattern ahead of FY23 Earnings (Tues 21/08). Looks incredibly Bullish, but extrapolating the "Flag Pole" presents equal case for Supply/Demand zone in either direction. Will be interesting to see which way Traders decide to take it...good luck to anyone who took the HUB punt.

BlueHatInvestor

Anticipating short-term bounce to fill gaps, re-test 23.6% Fib zone & create opportunities for Short positions. Selling 'should' re-commence in September to test lower range re: parallel channel, in-line with Market Seasonality. Over-extension into Golden Fib Range could signal warning of more extreme market capitulation (~6400). Depends on break-outs either...