


Gold's 6 year long backtest is nearing an end. JNUG/JDST likely to reverse and reconverge at mean.
Silver daily has gone parabolic and is rapidly approaching resistance.
WTI linear scale monthly study highlighting descending wedge and ascending channel.
Simple study highlighting 4 year long ascending channel. Price currently at top of channel. Indicators converging at top.
Lots and lots and lots of resistance. Indicators and history suggest longer term SILVER is headed down, and it's a long way down to trend.
This has all the earmarks of a backtest. Should history repeat it is destined to fail.
The geometry is beautiful, it'd be a shame if it didn't play out.
This weekly USDWTI crude oil study utilizes LSMA (least squares moving averages) to highlight a major convergence of resistance.
GOLD daily at key juncture. A drop below ~1283 would likely lead to a fall to the ~1237 area.
A monthly big picture overview for perspective. Arc suggests that gold has entered the waning stage of a continuation cycle. Price is currently retesting the 50 day LSMA which has demonstrated a fairly good ability to reflect support/resistance.
This is an ultra long-term study for the purposes of perspective, not necessarily trading.
Update to previous published study adding retracement and highlighting key levels.
150 year review of the S&P 500 ($SPX $SPY) featuring an arc of lower indicator data and multi-point touch trendline dating back to the bottoming of the 1929 crash.
Please refer to image. Crude oil will breakout, just a matter of on the first try or not.
Please reference image. Current candle closes below trend and below Bollinger Band basis. Suggests futher downside. New candle tomorrow.