Ecantoni

Ecantoni Updated 

*Extrapolation derived from 2016, now tracking November right ahead of earnings *Ideal target to be scaled starting from 850 area. Discretionary stops

Ecantoni

Dow model confirmed this morning seems to be tracking April's swings, even if it is currently a bit front-running the 12th there's a first look at 20700 handle for the next sessions. Further weakness would confirm the fractal and warn for potential strength into the end of the month.

Ecantoni Updated 

*7 yrs seasonality suggesting upcoming weakness *Fractal extrapolated from 1991 matching. Stop at 2017 highs, first ideal target at Fibo 50%

Ecantoni Updated 

*Structure now tracking march 2016 targeting above 1.10 *Compelling data to be released ahead *Discretionary stop

Ecantoni Updated 

*extrapolation from 2012-2014 *currently tracking December 2013 *discretionary stop, support breakout eyes ideal target 10 handles lower

Ecantoni Updated 

*Fractal extrapolation from 2008-09 cycle *Ideal entry @ 4 handle area. Stop one handle *Pipeline promising, despite overall in early stages

Ecantoni Updated 

*Fractal of 9 months extrapolation taken from 2014-2015 with no modification *Current levels tracking march 2015 right before earnings even at that time *The levels of capex have been sliding in the last 2 yrs while the debt/equity has grown partly to sustain the huge buyback program started in back in 2016, which defended four times the price action with the...

Ecantoni

*repetition coming out of the 1/11 track, centered on the looming nfp *high volatility to be expected in both sides so no rush to get in

Ecantoni Updated 

Given all the "smart" think-tanks and the vast majority expecting parity next year, probably the appeal of the opposite side of the trade doesn't need further analysis. Anyhow, the euro is tracking the fractal since 2012, as latest spike confirmed that the euro is also tracking December 2015 (posted already). A commentary to ECB's taper tantrum or the "100.2% of...

Ecantoni Updated 

Being tracking this since September. Starting a position, as inflection point is so close, that it could reverse the trend totally out of the blue as in June 2010. -Ideal Tgt @ 50% fib ext by March -Stop @ 3.00

Ecantoni Updated 

-Doha Opec deal looming -Being tracking this since last Autumn, to be kept for next year along with wheat. -SL @ Nov lows -First TGT is @ neck test @ 50 then respectevly by 10 handles higher but it has to be assessed further late on.

Ecantoni Updated 

short USDJPY -0.53% 15 MIN fractal appears to be tracking EURJPY -0.18% 2013-2016 Q2 -1st Target 76% -STOP @ last week highs

Ecantoni Updated 

-global sales faltering -earnings ahead -fractal looks still valid -stops at aprils highs - 7 handles tgt

Ecantoni Updated 

Spoos has proved to be tracking the 2011 fractal all over the summer and it's keeping on tracking it right now into year end. Stops on current highs and first t/p on September highs.

Ecantoni Updated 

CSCO will report earnings on the 11/12. The picture is pretty similar to what happened on November 2010. It's hard to find fractals like this: it reminds lumber 2012/2014.

Ecantoni

The reasoning besides the fractal is quite simple: - Cook dumping shares - November orders cut by 10% - Cash wasted for monster buyback program @ ATH and dividends - No new product till next year - In doubt blame china 60min vs. daily is another interesting point of view and source of an undone mandelbrot

Ecantoni Updated 

In order: -TWTR October-2014 gap fill came after 3 months and a half with a similar bottom -TWTR 15m shows how the current p/a has been perfectly repeated ahead of earnings -TWTR looks to be tracking daily EURUSD 2013 and EURGBP 2009 fractals

Ecantoni

TSLAs recent gap reversed on earnings has widely provided a further confirmation of what JAZZ did back in 2012. Even the RSIs show similar positive divergences. On the 26th of April JAZZ acquired EUSA Pharma hitting NATH the same day. How TSLA seems to be poised to squeeze further in the same way lurks into the huge float short, which remains anchored above 20%....