I am weighted more towards continued upward movement... It will be interesting watching this play out.
I would be so Happy if this plays out... It's all guessing though isn't it lol ;)
One more push before early close today? Fingers crossed!!
This is purely for academic purposes... ignore if it doesn't play out
I am anticipating a strong Bullish move.... fingers crossed this Descending Wedge is the Ticket. (NFA)
I could be miles off here... but, I am putting my money on a bounce.
Options today,,, and closed market tomorrow. This is how I HOPE it plays out... we are in for a wild ride regardless of the outcome, but I remain Short on the NSDQ.
Its been on a rampage... wish I had held longs from the bottom of the weekly Triangle.. Here... to me, it goes up. But who knows right? NFA
This move to the upside has me baffled... expecting a decline in price, but who fu$£ing knows at this point. LOL
Just wanted to share this Stunning Chart... Gotta love how the metal Moves
We seem to be showing this falling wedge respect... Personally, I think it breaks to the downside...
I think the correlation between Oil, the NSDQ and the DXY are playing off each other atm.. it may be short term- but this is what I see from reading the charts.
With the DXY breaking Monthly resistance trend line... I see the black Gold moving higher in the short term. I will be watching the Dollar closely.
Tried to break out and Failed thus far... expecting a strong retracement.
The Black Gold is going through the motions... I think its curling over.
it seems to be retesting the breakout of the falling wedge and IMO will drop sharply in the next hour or so. 11:52 12/04/22
The Chart speaks for itself... I think, the breakout of precious metals and parabolic price movement is imminent.