Chadison-Brosevelt

Chadison-Brosevelt

Bitcoin has been in sideways consolidation for the past few months with no definitive bias to the upside or downside, until recently. The triangle formed will have a break very soon, potentially caused by the next FOMC meeting on September 18th (may take a little while for market to react). If only a 25 bps cut is put into affect the overall market not see it as...

Chadison-Brosevelt

FB made a double bottom this past week while the SP 500 went up to test all time highs. FB is currently in wave 2 of 5 that could end around the .618 fibbonacci (187.25) which is near my entry... I think this is a great entry with a tight stop around the 184.50 mark to minimize risk, a break of 184.5 would invalidate the wave 2 structure and thus my idea...FB...

Chadison-Brosevelt Updated 

Gold is still trudging along whilst the dollar is coming off a recent double bottom and holding firm near support... My belief is that the trendline resistance will reject the price and create yet another lower high on the daily charts... FOMC may be a catalyst that lifts the price to 1312 or cut it down before we hit the trendline...

Chadison-Brosevelt Updated 

Gold has been continuously making lower highs since February while DXY has been setting up for a move passed 98. Nothing has fundamentally changed for Gold since February and, barring any black swan event, it should continue it's move down. With the FOMC minutes coming out tomorrow I would expect Gold to test the trendline resistance before making a sharp move...

Chadison-Brosevelt

Gold has been continuously making lower highs since February while DXY has been setting up for a move passed 98. Nothing has fundamentally changed for Gold since February and, barring any black swan event, it should continue it's move down. With the FOMC minutes coming out tomorrow I would expect Gold to test the trendline resistance before making a sharp move...