PrometheusCHT

PrometheusCHT

Reasonable to argue silver retakes 50% of the trend channel.

PrometheusCHT

This looks rather ominous from this perspective, I am certainly biased short...

PrometheusCHT

Copper is breaking down on the 15m chart.

PrometheusCHT

Crossover is fairly bearish.

PrometheusCHT

... Stops above the highs are reasonably logical whilst a resumption of the regression channel is too.

PrometheusCHT

... Reversal is looking particularly logical over multiple time-frames.

PrometheusCHT

Who pulls whom!?!

PrometheusCHT

EURUSD MACD has turned bearish again...

PrometheusCHT

... Presumably this trend has encountered exhaustion, perhaps it is worthy looking for a short term entry with a stop above the high!?!

PrometheusCHT

Use this chart to see whether the Front month VIX contract is trading at a standard discount (contango) or premium (backwardation) to the second-month contract.

PrometheusCHT

This chart shows how much the backwardation - when the front month trades at a premium to the second month - impacts the price of VXX which is constantly exposed to the roll-down between the two months.

PrometheusCHT

Long-term trendlines are not compelling reasons to take a trade on their own, however, as participants begin to acknowledge them, the idea is more likely to gain traction as a socially constructed phenomenon. In this case, Nat Gas has broken a technical trendline, that for many market participants is a *technical as an idea*.

PrometheusCHT

The weekly chart looks like a short, particularly in the context of a bearish MACD and stable sterling.

PrometheusCHT

Surely this is a relative mispricing which should rapidly correct!

PrometheusCHT

Vol has a crush on Trump, or at least that's a fair deduction of the current narrative around supply-side economics & fiscal expansion Trump's policy - presumed successful - entails. Trump speaks on the 20th of January, which coincides with the magical month where major currency markets often top or bottom. The curve steepens into next year, thus a calendar...

PrometheusCHT

As the MACD rolls over, it is worth one's while covering shorts or lightening one's sizing.

PrometheusCHT

... Provides reasonable basis to tighten stops or trailing stop losses given probabilities have likely shifted.

PrometheusCHT

... Tbd if it's the real deal, but sometimes the best trades are the hardest to pull the trigger on!