Bullish Gold play 13 x from here on multi year chart Gold in triangle breakout CRB in triangle breakout (Commodities Index) nice wind up RHS shoulder is triangle wedge pattern with retest double bottom in the head part of the pattern too
Bullish Triangle breakout back to $3.5 Gold in triangle breakout CRB in triangle breakout (Commodities Index) no brainer!
Bullish chart Looks like multi year triangle break out my guess is upside It could break out and stop at a fib target so guess round number is 80 at fib =1 I am tracking about 22% increase from here to gold base metal target so this is 4x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I don't know, lets wait and see its a...
Bullish chart 100% on the table I am tracking about 22% increase from here to gold base metal target so this is 5x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I dont know, lets wait and see its a multi year chart so muli year target Equites look over valued generally so this may be a safe haven in any bear market because...
Simply put, USA needs the interest rate to be lower, it bounces off the long term KLOS then we could see a change in direction for bonds something that next to no one is expecting. Trump is coming into help save the world. So his new team will make structural changes Elon could tweet to all to buy bonds and hey everyone who follows him takes action to save their...
Bearish case Dow to drop 20% from ATH to be into a bear market 20% from ATH = weekly 200 EMA so banks will try and hold the price at 36k I think it bounces here and then eventually fails and we get a big equity bear market We have two H&S patterns that together take us below 36k if their targets are met be a nice trade if it bounces at 36k off the 200 EMA to...
Bullish signal for Alts Others market cap shows breakout in JPY Others shows the total crypto market cap minus top 10 (Also you could pullout timing view more and consider the macro chart which shows price is supported or risked by long term trendline support not shown here.) You have to love that the Others price was supported by the 200 EMA so the banks got...
Lessons learned: Bullish target for cup and handle for breakout of alt season in 2024 met exactly I did spot this much earlier which allowed me to get more aggressive on alts earlier - in reality I added and this chart also with BTC making similar set up encouraged me to not dump my alts at the low when many capitulated right before the market took off. Just...
Bullish draw on XRP on 30 min chart shows channel its NFP today and recently Crypto has a fall into NFP on the day and rallies after the NFP days upto Xmas to participate in the pre xmas seasonal rally. Crypto is moving, Alt season is kicked off, XRP is an early leader does it have the legs to put in another 100% this side of the holiday ?
S&P has made an island reversal It will at some point fall back to the 200 EMA on the daily or weekly 22% Bearish opportunity I think that a multi year top is now in place for this index, this first 22% down may trigger the topping process for this index as sentiment indicators are at record levels and retail participation is at an all time high. Plus money...
Bearish opportunity 25% fall to the key level of support Nasdaq got a head of its self Good luck
Bullish on ARK so long as and I expect that the price can stay above the bottom ascending sloping trend line. Then breaks to upside out of some form of consolidation shown as for example a triangle pattern. The market has miss priced her fund - I do not own any and no biased love listening to her updates and its really tough being in innovation and waiting for...
Bullish case, price sitting over 200 EMA and broken out of the wedge it was in If the reported shortages in the supply are true as demand is higher than current worldwide production then its positive for the price Price does not need to stop it could go back to ATH and over if supply cannot meet demand for over 200% gains which might be a short squeeze and get...
Bullish case, price sitting over 200 EMA and broken out of the wedge it was in
Silver has confirmed a breakout, last week on high volume Silver was not knocked back on Friday night close and allowed to run first time for ages The shape of the chart approaching $50 last time was like a banana this time it looks to be on a better gradient which means its more chance to break though. Good luck. Buy the silver miners as they move up more...
The target of the head and shoulders top takes the price down to the long term trend line which will act as a key level of resistance. Some 19% fall from today prices Breakdown of the 200 EMA will cause the price to drop to the next key level of support and this is about 18-19% lower
BP and Shell move together and BP has already lead the way lower If Shell moves back to relative parity there is a 25% poss move Shell moves back to EMA 200 Shell moves back to 0.618 fib retracement of prior move This could be start of much larger move lower Most MSM are claiming inflation trade that oil will move higher but TA price chart shows breaking...
As Oil is weak bearish case for Shell to sell back to its 200 EMA and then just fake out below this level to reach the 61.8 Fib retracement of the recent move up Shell looks like it just broke is support trendline Other points Oil has broken out of a wedge and appears to be moving lower BP and Shell move together and BP has made ATH at round number 500 and...