BobVanders

BobVanders Updated 

We have three head and shoulders patterns nestled within one another like Russian dolls. The first two patterns are now confirmed and have played out, and now a return to the neckline number 2 (yellow line) will give a good short entry for us to aim to break the third neckline (green) and continue a correction of the rise since mid February. If that third...

BobVanders Updated 

I'm bullish silver for a number of fundamental reasons, but if this pattern confirms, it's the technical icing on the cake and gives an initial upside target of around $18.5, which coincides nicely with a pre existing zone of horizontal support and resistance. We also broke out of the long downtrend, we retested that steep line as support from the other side, and...

BobVanders

People will laugh at you if you say $75 as a price target for AAPL-3.06% . But there are some good technical reasons to believe it might happen, outlined in this chart. WE have an unfilled gap at $75, and a confirmed H&S top with a technical target that takes us to the gap. Sentiment has turned and while a move to $75 would be extreme for such a profitable...

BobVanders

EDIT: sorry if the on chart text is small - essentially from left to right the text boxes on the chart say, 1) observe the gap 2) We assume the spike down in Sep is anomalous 3) Downward price target of H&S is the distanceof the neckline to head 4) NEckline retest confirms the pattern People will laugh at you if you say $75 as a price target for AAPL. But there...

BobVanders

So we see a longer trend of lower lows, and lower highs on most major indices worldwide, and this is clearly also starting to catch up with USA too. The latest bull move is looking extended and we are seeing signs of exhaustion and a rather messy-looking head and shoulders top is emerging. The key feature here is we have a rising support, the neckline, that...

BobVanders

Hot money being crushed with four very similar, very aggressive, equity moves against the prevailing bias at consolidation zones. Letting the pressure and positions build up then crushing them. Follow the consolidation zones via the yellow arrow of pain. Anticipate another period of consolidation now followed by another sharp move, in whatever direction is going...

BobVanders

Aside from the obvious Kraken that will bring doom to the world, we're in what appears to be the apex of an ascending wedge, so a break down out of the wedge should open up some tradeable move, we've come up relentlessly on low volume. I'm hesitant to enter long positions here even if we break up. I'd feel more comfortable thinking about long positions after a...

BobVanders

NOt confirmed by any means at this stage, just an idea that may help us trade a possible reversal in oil. The reversal may not come, but we broke the recent long downtrend line, green, and now making a few bearish moves. Possibly we come to retest that downtrend line as support, around the 30 mark. A bounce at that point would start to form the right shoulder of...

BobVanders

Just some idle price movement predictions and a look at the inverse correlation between EURUSD and Dow Jones Index. I think March 10th with Draghi and ECB will probably cause some surprises and sharp movements, so just for fun I predict a hope-fuelled rise in equities (and decline in EurUSD) up until 10th March, and assume Draghi shatters all illusions. Stocks...

BobVanders Updated 

Patterns over a weekend are quite dodgy but let's see how this plays out. Head and shoulders forming (or arguable already formed and we're on a second right shoulder). So anyway the crucial thing is, do we break the neckline, and then will we hit our price target (calculated from the height of the Head from the Neckline) before we hit our stop (high of the right...

BobVanders

S&P shows a double top, followed by a bearish Gartley that is due to complete around 2070. Also coincides with the .764 frib retracement of the Fall from the high in late July. Look for reversal patterns at this point (D) and enter accordingly. If confirmed, Initial targets should aim for price level of point B (ihgh probability), further price targets for points...

BobVanders

Renko charts are helpful to clear out the market noise and look at the price action in a smooth way. We see a head and shoulders top forming, this can give us a good probability to think that if we break lower than recent lows around 1820, then we are going considerably lower. A bear market will be in place. You can just trade the break in the long term Any...

BobVanders

A longterm top appears in place and pattern occiurs across time frames weekly and monthly too

BobVanders

A long-term top appears in place and this patterns repeats across monthly and weekly charts

BobVanders

Pattern continues throughout monthly and daily charts

BobVanders

This pattern on new high but lower RSI occurs throughout timeframes.

BobVanders

In this scenario - The 2020 level on the S&P will prove crucial in determining of the long-term bull trend (since 2009) continues, or if the damage is done and we slip (or crash) into a bear market. Confirmed reversal patterns at this level make a good case for a short position with a tight stop and good potential rewards, aiming to revisit the 1830 lows. Break...

BobVanders

Neckline of head and shoulders broken, and then acted as support, gives us a price target of 2020+ on the S&P500. Look for retrace towards neckline and a reversal candle to go long.