We have a monthly ascending triangle that is above all EMAs and VWAPs. I am bullish and long on Uranium and think we'll see a breakout over 2025/2026.
USA allies are getting a boost, it appears. Or at least the ones that will fight the proxy wars (Australia is closest to the front lines of Taiwan/China with substance, unlike Japan). Trend appears up. If Europe ( AMEX:VGK ) is any indicator, a break out will happen.
EEM has 27% weight in China and 18% in Taiwan. Seems like peace may be on the horizon? Or, India is picking up the slack (17% weight).
Broken downward trend, retested, looks ready to go again. Monthly chart.
Buyers better start showing up in VNQ. Otherwise, we may see a big drop below. We're at critical support levels and historical trends are showing that buyers are not in favor. Something is going to give in the macroeconomy and my suspicion is the upcoming major debt rollover in Office and Multifamily is going to wreak havoc here. My thoughts? Watch out below.
3-month macro chart of Silver. Massive cup n' handle pattern. Looking like a potential breakout is imminent and will be a sustained rally to previous highs.
3 month chart. Broke major trend line and continues to print down. My hypothesis is that no one wants to hold mainland currency due to potential domestic economic issues.
Weekly chart view of $DOGEUSD. Historically, DOGE has respected the 200 VWAP really well which could be a great place to start accumulating. The aspect of this trade idea that concerns me is that all other VWAPS and EMA clouds on the weekly are currently above the current price. This means it could be tricky to break out of this downtrend. Overall, this wedge...
The chart should be pretty self explanatory. It's ready to launch. This is the monthly view so we're talking quarters/years in the time frame.
Bullish inverted H&S pattern. Likely to retrace to 72/89 EMA cloud range (red cloud) before bouncing back to retest ~400. Definitely a prediction at this point. Need a right shoulder to form more to get a high conviction.
Big weekly breakout from the downward trend on $WEC. This would be a utility play that corresponds to capital rotation into the sector (see $XAU1!).
Weekly chart of the $XLF. Rounding top off as it battles the price shelf (VPVR on right). Likely to struggle on the way down to truly fall but will ultimately fail at the 72 to 89 EMA cloud (red cloud). Likely retesting $31 towards the end of this year.
Weekly chart of $GME Gamestop. Beautiful bounce off the 200 VWAP; still needs to clear the 50 VWAP. MACD has crossed and RSI has plenty of upside room to move. My thinking/bias is that this will go to the upside.
Symmetrical wedge on the monthly chart with large bias to the upside. All VWAPs and EMA clouds are underneath price, creating a great probability to push price to the upside in a big way. Current April candle is forming a bullish hammer as well (same with prior in March). Only drawback I see currently is the RSI has less room to the upside to realistically move....
Weekly chart with a large downtrend getting ready to break out on $O. MACD has crossed and all VWAPs and EMA cloud are supporting price. Only a matter of time. in my opinion
This is a pretty compelling bear case for Bitcoin right now. Macro head and shoulders on weekly chart. Price could retrace to bottom of the ascending channel. That will be a huge price test. If it fails, we could see a retracement back to the 200 VWAP which happens to coincide with/around the last cycle's prior high. That would be a great are to accumulate more as...
Potential head and shoulders on the $SPY. Likely to retrace to 72/89 EMA cloud (red cloud) for a test. Overall... something is brewing right now and it doesn't look great.