Cincinnatuus

Cincinnatuus Updated 

Looks like we are having a nice rally in SILVER to finish out the c-wave of a multi-month (b)-wave. Fundamentally, SILVER is in a correction, so expect tops to be spikers and bottoms to form over time. Thus, once this (b)-wave rally completes somewhere over 18.31, expect price to get Monkey Hammered down in the following (c)-wave.

Cincinnatuus Updated 

Looks like we are having a nice rally in GOLD to finish out the c-wave of a multi-month (b)-wave. Fundamentally, GOLD is in a correction, so expect tops to be spikers and bottoms to form over time. Thus, once this (b)-wave rally completes somewhere over 1520, expect price to get Monkey Hammered down in the following (c)-wave.

Cincinnatuus

The SUGARUSD is in a correction of a long-term Bear Market with price trading above the 50 week ema, but below the 200 and 800 week emas. The 50 week ema is currently trending upwards slightly, though the long term emas are mostly flat, signaling accumulation/distribution. The price action appears to be finishing up the third of five waves up, coming against...

Cincinnatuus Updated 

With the Holidays in full force and every body on vacation, volume should be light and trading range bound. If you need to make money on the markets, not a good time to do it. This is what I'm looking at for the rest of the week. Happy Holidays! and may the markets go your way...

Cincinnatuus

The NATGASUSD is in long-term Bear Market with price trading below the 50 and 200 and 800 week emas. The 50 week ema is currently trending down slightly, though price has finished up a sideways correction. A small degree five waves down has completed, so a bounce is likely back to the 30 ema. Looking at the Long Term chart, price tends to spike up when the...

Cincinnatuus Updated 

The USOIL is in a Bear Market Rally with price trading above the 50 ema, which is below the 200 ema, which is below the 800 week ema. The 50 week ema is currently slightly up trending, but by and large the long term emas are mostly flat. This implies an accumulation/distribution zone. The intermediate term Elliott Wave implies a rally above 66.58 to complete...

Cincinnatuus

The US 10 Year Bond is in long-term Bear Market with price trading below the 50 and 200 and 800 week emas. The 50 week ema is currently down trending, but price is above the 13 ema and is correcting back to the 30 and 50 emas.. Price is following the lower trend line up, so watch for a break of that to confirm a resumption of the down-trend. Long term expect a...

Cincinnatuus Updated 

The Euro-Dollar is in a clear cut Bear Market on the weekly with the 50 ema below the 200 ema which is below the 800 ema. There is a peak formation, at 1.117, with price trading off the 30 week ema, implying a downside target of ~1.09. We’ll see. Standing back a little and looking at the chart cock-eyed, starting to smell like an a-wave top, with a b-wave just...

Cincinnatuus Updated 

The Pound-Dollar is in an Upwards Correction within a Bear Market on the weekly going back to the beginning of 2015. Price is trading above the 50 week ema trading up to the 200 week ema and a prior a of the (b)-wave top at 1.33806. For the last several weeks it has been in a sideways consolidation, albeit a lot lower than I was expecting. The Pair is in a...

Cincinnatuus Updated 

SPX Look Ahead for week starting 12/15/19 The S&P 500 is in long-term Bull Market with price trading above the 50 and 200 and 800 week emas. The 50 week ema is currently up trending, but price is above a long-term trend line, so expect a correction with in the ongoing Bull Market back to the 30 or 50 emas, or the lower uptrend line. Price is following the upper...

Cincinnatuus Updated 

The S&P 500 is in long-term Bull Market with price trading above the 50 and 200 and 800 week emas. The 50 week ema is currently up trending, but price is coming up against a long-term trend line, so expect a correction with in the ongoing Bull Market back to the 30 or 50 emas, or the lower uptrend line. Price is also correcting from extending beyond the upper...

Cincinnatuus Updated 

Gold is in a corrective pull back within a long-term Bull Market with price trading above the 50 week ema, which is above the 200 and 800 week emas. The 50 week ema is currently trending up , though price has closed below the 13 ema, signaling a pull back. Looks like a test of the 30 ema around 1440 is forth coming, and potentially a test of the 50 ema down at...

Cincinnatuus Updated 

Silver has been in a deep correction of a Bull Market since July of 2013, with price trading above the 50 week ema, which is below the 200 ema, and both still above the 800 week ema. The 50 week ema is currently trending up, though price has traded down to test the 30 ema and 200 ema around 16.7. A bounce off of those emas is in progress. The Commodity is in a...

Cincinnatuus

The Dollar-Yen is in a Correction on the weekly as part of a side ways consolidation going back to 2017. Price has climbed back above the 50 week ema and the 200 week ema, yet the 50 week ema is still below the 800 week ema. The Pair is in a Bear Market Rally on the daily, with price above the 50 ema trending upwards. Expect resistance to appear at the 800 ema...

Cincinnatuus Updated 

The Dollar-Yen is in a Correction on the weekly as part of a side ways consolidation going back to 2017. Price is pinging back and forth from the 50 week ema and the 800 week ema. The Pair is in a Bear Market Rally on the daily, with price above the 50 ema trending upwards. Expect resistance to appear at the 800 ema at 109.972. There is also a long term down...

Cincinnatuus Updated 

The Euro-Dollar is in a clear cut Bear Market on the weekly, with a peak formation, at 1.117, trading off the 30 week ema. The Pair is in a clear cut Bear Market on the daily, trading off the top formation at 1.08 to 1.095. Appears to currently be in the middle of the second of three pushes down starting off the last weekly peak formation. The Pair is coming out...

Cincinnatuus Updated 

The S&P 500 is in long-term Bull Market with price trading above the 50 and 200 and 800 week emas. The 50 week ema is currently up trending, but price is coming up against a long-term trend, so expect a correction with in the ongoing Bull Market back to the 30 or 50 emas, or the lower uptrend line. Price is also correcting from extending beyond the upper...

Cincinnatuus Updated 

Gold is in a corrective pull back within a long-term Bull Market with price trading above the 50 week ema, which is above the 200 and 800 week emas. The 50 week ema is currently trending up, though price has closed below the 13 ema, signaling a pull back. Looks like a test of the 30 ema around 1440 is forth coming, and potentially a test of the 50 ema down at...