atkustas

atkustas

We have broken out here. Time for a backtest of the trendline / middle BB confluence of support before we are off again. Profits were booked for now and eyeing re-entry. Steady as she goes.

atkustas

Trailing stop got hit in this one tonight. Looks like it could be time for a nominal pullback to get back long. Matches up nicely with /ES brief pullback too.

atkustas

The bottom is in for sure and primary hypo of sustained rally north of 2800 is still in play. HOWEVER, I like the possibility of taking a quick trip back down to retest the middle BB, where many will think "oh we failed again, time to press/add shorts," giving us massive juice to really accelerate the rally. May peel off some leverage around the open of cash hours...

atkustas

This is the stupidest thing I have ever seen, people selling Ruble because of newly imposed sanctions and Trump tweets. Ruble is in a bull market vs USD going back a couple years due to divergent policies by the Federal Reserve and the Bank of Russia. Short this pair at will every time these stupid headlines hit.

atkustas

MINIMUM 0.618 retrace before a pullback to test the 0.500 or trend line support before likely break higher again to the 0.786 Fib which will be a big decision point. Through 108 the Yen carry will be back to fuel a lot of the S&P summer rally and if it's pushing 112 we are talking about 2900+ SPX. No position here.

atkustas

Breaking out of a wedge? Idk, came into that old gap from way back but hasn't filled it yet. Could just be an intermediate bounce here before it eventually fills it. On watch.

atkustas

I'm not 100% sure we bottomed in this one but it's looking more like we have. Would have liked a tag of lower trend line but not everything comes out perfectly.

atkustas

Honestly this is just beautiful. Had a bit of a crash wave once the highs broke down and maybe consolidates that move for a few days before resuming downward. Sell any bounce in this pair. Weekly chart published previously shows the full downside potential.

atkustas

We are going. Multi-month lows are in. The ONLY chance bears have is to produce a hard fail at 2710 which would open up downside through to new lows but I give that scenario less than 10% chance. Again, expect VIOLENCE to the upside, this will not be some 3-8 handle per day grind rally.

atkustas

Sloppy, but chopped its way through that declining trendline. Could see a quick backtest of that line but expect the move higher to start rather immediately. If there would be a failure above where we are it is at that 2705-2710 level but if we push north of 2712 we are talking about a violent move through 2800.

atkustas

Another pair suggesting risk on through summer.

atkustas

Australian Dollar has seen a deep enough correction off the highs and should resume uptrend through summer.

atkustas

Sloppily trying to hold last year's lows. Like much of the oil complex, massive under-performer relative to WTI crude. Needs back over 28 to get going again.

atkustas

Oh baby, this is not pretty. Needs over 12k to even think about a possible comeback. No position.

atkustas

CAD should strengthen to catch up with WTI crude price stability in the mid 60s

atkustas

Risk on into summer.

atkustas

We WILL resolve higher. It is written

atkustas

We WILL resolve higher. It is written.