flyinkiwi10

flyinkiwi10 Updated 

Silver should shortly break the sub-wave (iv) low to confinue the wave (v) move that will finish the larger degree down-move. Expecting a bounce after that. Both the larger-degree wave extension and the smaller degree wave one extension put the 1.618 extension at 15.210 and thats good enough for me as a target.

flyinkiwi10 Updated 

After posting a medium term TA that was rather bearish, I have done a very fine-grained look at the current down-move in gold. Based on my count (feel free to disagree), gold has just completed wave (3) down and is now bouncing (after reaching very low RSI numbers) to complete wave (4) of the 5 wave move down into the high $1100s. I have two scenarios (if wave...

flyinkiwi10 Updated 

After posting a medium term TA that was rather bearish, I have done a very fine-grained look at the current down-move in gold. Based on my count (feel free to disagree), gold has just completed wave (3) down and is now bouncing (after reaching very low RSI numbers) to complete wave (4) of the 5 wave move down into the high $1100s. I have two scenarios (if wave...

flyinkiwi10 Updated 

Is it at all possible that the DJI may have topped? I haven't done an in-depth EW analysis, and lets face it, I am no expert. But: 1. A trade war (between the USA and China, Canada, the EU, and Mexico etc) seems more likely than unlikely (whatever your beliefs may be about the benefits vs costs long-term for American Businesses and populace, I find it hard to...

flyinkiwi10 Updated 

Lower trend-line break. Strong chance of a price bounce to around the lower trend-line before commencing a steep decline to potentially make a 1:1 extension of wave A (primary) which would put the price down to $505 over the next 2 to 4 years. As this is a long timeline and a significant drop, I would tend to lock in profits along the way - as a full 1:1...

flyinkiwi10 Updated 

Comments welcome. I am not a professional and am just conducting - and publishing my analysis to develop my analysis skills.

flyinkiwi10 Updated 

Natural Gas is a very popular commodity to trade. It is worth keeping an eye on for the formation of wave 1 of an up-move. It seems that the larger-degree corrective move has completed in 2016. Short-term, looking for a bounce off the lower channel trend-line.

flyinkiwi10 Updated 

Silver is a very attractive investment opportunity, but as with any trade, the entry timing and price are critical. I am still looking for an extry point but regard silver as potentially very attractive as an investment / trding opportunity.

flyinkiwi10

Proposed EW count for Gulf Coast Jet Fuel Futures: Box denotes the wave travel of the minuette wave (I am not careful about using the correct EW notations) travel. I was tempted to label that as inermediate wave (3) but it would be the shortest wave and that wouldn't stack up. I would be looking for wave C to possibly make a 1:1 or 1:1.618 extension for sub-wave...

flyinkiwi10 Updated 

After seeing such a steep recent decline I started looking for signs of a bullish bounce. Unfortunately, it looks brutal: 1. recently retraced more than 100% of previous up-move, which indicated additional consolidation / correction is needed. 2. While it is a little messy, I can make out a 5 wave down move from the 2012 highs. This would mean we are likely...

flyinkiwi10

Cotton isn't that interesting right now. Once wave A has formed (there will not be enough detail to count 3 vs 5 sub-waves in wave A) there will be a small bounce and then wave C down looks attractive.

flyinkiwi10 Updated 

I would just like to see how this one plays out. This resembkes a simulated (paper) trade that I made on oil futures based on EW count and RSI bearish divergence mostly. Comments welcome.

flyinkiwi10

After wave (A) completes long the abc move up and then shift to a short position to play the wave (C) down.

flyinkiwi10

I'm new to commodities and relatively new to Technical Analysis. No associated fundamental Analysis has been undertaken on Platinum. This analysis is shared simply to further my own education and hopefully someone will appreciate it.

flyinkiwi10 Updated 

A little bit more detail on the bearish scenario here. Please note that this is purely a technical and no fundamental analysis has been undertaken.

flyinkiwi10 Updated 

Hopefully this appears alongside my published bearish scenarios

flyinkiwi10 Updated 

After reading an analyst's conclusion that there was no bearish scenario for gold (after a trend-line bounce on the 3rd of July) I thought it may be worthwhile to have a look myself. My belief is that there is always a bearish and a bulish view, certainty has little place in markets. Here it is for whatever it is worth - solely an exercise in technical...