You know what to look for. Pretty straightforward.
I'm pulling a Harry Dent here...check out this Fib-forecasted mega top on the DOW
Fun with numbers. It probably means nothing LOL! 6666 is in play these days.
UUP head and shoulders breakdown in progress. Hooray for commodities!
Please someone explain why the 10yr note yield TNX goes down after FOMC raises interest rates? I would expect the relationship between the two to be pretty much linear.
DGAZ formed bullish reversal doji today, and NGJ2017 formed bearish reversal doji. Fib extension points us to $8 on DGAZ
JNUG channels that I see (disclaimer: they could be all wrong LOL). But I do think they'll help to provide a guide. For example, if we can't stay inside of the larger sky blue channel in March, I think it's obvious that JNUG will go lower, like $5's or even $4's. As far as the Ichimoku Cloud, we fell out of the cloud in Feb. But use the cloud to get a feel for...
JNUG missed an opportunity for a bullish Exponential Moving Average cross up over the past couple weeks. Felt horrible for anyone (...uh...guilty) who bought in the late Jan/early Feb thinking that insane movement was THE start of another wild bull run like 2016. I've improved my average to $9.40 by buying in the $6's. Using the Fibonacci Extension Tool on the Dec...
Another strategy using Ichimoku Cloud on MU, 2 week chart again.
Just one example where I see this strategy working very well. 9 and 21 period Exponential Moving Averages give the buy and sell signals. I like the 2 week chart for this particular security.
50DMA crossing up through 100DMA. First time in almost exactly 1 year. Angle of attack is pretty steep. I would love for this to mean a repeat of the 2016 PM/Miners story.
Another tweezer bottom, and support found inside the pitchfork channel again. Looks good.
UGLD and USLV 5 year trend line breakout
Today GDXJ has closed just above the bottom of the Bollinger Band, unlike yesterday. Really need to grab the midline soon to continue the up trend (December reversal). GDXJ still forming higher lows, although JNUG is not. Also note the support trend lines that intersected yesterday at the closing price. Today GDXJ found support on both of these lines (blue), as...