Possible plays in btc. I think the way is up for bitcoin and alt-coins, and that this great rally will continue still in the next 6-9months, alot of new money is taking place, and it is beginning to become more mainstream. The stock markets in US and EU are record high, still dues to that the economy is not growing nearly as much to support the high stock prices....
possible short forming Head and shoulder pattern in gold
XBI S&P500 biotech index may be in another rising triangle, we see price action at top of triangle for possible short entry. Instrument LABD x3 can be used for shorting this index.
We need to break down to pull in new buyers, alot of people want to join the oil rally, but their waiting for ages for the pullback, i think it is comming soon
Planning to add 30-50% of my long position at 47.33$ area, i will another 30-50% of the total position at the bottom of the wedge that is around the 300MA 45.6$. My target will be around 54-58$ in 2017. Than i think this wedge may break down in the end of 2017. If there is no significal change in the market. As it is now, US shale producers are vey active trying...
if you think silver will go further bull AG may be a good buy
Gold is trying to set a bottom, there is a good chance this is it! I will think we will try to break the small downtrendline at around 1280. My taget for gold in 2017 is around 1700 Alot of unsertainity is in the world now, we got brexit with the UK, and the same can happen with Italy and France. Trump is entering the white house in less than 1 month. Bitcoin...
UGAZ follow UNG x3, i think UNG is near the bottom, therefore NATGAS also, we are heading into winter, the best season for NGAS. UNG is close to it 300MA, and 200MA at round 8dollar. Therefor i add 1/4 of the planned position now. If we fall further, NGAS to 3.000, i will add 1/4 of the position more there. IF we go to the 200MA for NGAS, around 2.700-2.800, i...
Seeing a retest of 200ma, 42 is support bottom
The 200ma test was done, people took out money form stocks before the election, now people wanne get back in, todays low was a great point for doing so target 2180-2250 medium term
This may be a good time to add 1/3 to 1/2 of the total position, save some for 200ma if we go down there
Oil double bottom, neclinetest than new highs
Gold been bough from our friends in the east, Japan, Asia are buying all they can. Nobody else.
Big trend channel, all waiting for the meeting