WKMAnalytics

WKMAnalytics

Multiyear view of Inditex. - Distribution (Wyckoff) from 2015 to 2017. Range 29 to 32. Blow off top on 36 euros. - Second redistribution from 2018 to 2020. Range 24 to 28. Blow off top on 32 euros. - Potencial third redistribution 2020 to 2022. Range 18 to 24: Topping on 32 euros in December 2019. Almost 50% drop on March 2020 A - Support on 18,56...

WKMAnalytics Updated 

The current situation on the SP500 is at least, confusing, how is it possible that the SP500 has bounced nearly 30% from March 2020 lows given the current situation (pandemic, terrible macro data, fear and pessimism, etc). In this post I'll share my views about what this "non-sense" might be telling us... As you see in the chart, technically speaking, the current...

WKMAnalytics

Just my view on gold very long term. Secular bull market that started 2001 - 2011 initiated after 6 years of price depression, which can be seen as a multiyear cup and handle formation. We might have the same history again as 2013 - 2018 has been a period of price supression, and 2019 could be the start of a multiyear secular bull market. Projecting a similar...