ruby_kinetix

ruby_kinetix

CAPITALCOM:DXY make a poor high, and have potential to break it. i still don't see any aggressive movement on forex right now. but the break or fail to break will be something interesting to be traded.. let's see. noted we have COMEX:GC1! already broke high of 2 days balance.. that will be something to add with ..

ruby_kinetix

Yesterday i watched CME_MINI:ES1! at 5,608/06 area so many buyers over there, but fail to follow through. ES Gapped down on Asian Session. COMEX:GC1! broke high of 2 days balance, and CAPITALCOM:DXY is melting down. Seems Gold is the hedge for the fear right now. I am short on EUREX:FESX1! and long COMEX:GC1! for now.

ruby_kinetix

This week we have OPEX (Option Expiration) and some earnings of big caps like AAPL and META. I am expecting some volatilities may continue for the whole week. ES bounced back to yesterday high after European session closed. The big question, why did ES stope at the High US early session and high of Friday ? I am expecting kind of cooling off movement, drop...

ruby_kinetix

NASDAQ:TSLA is paying within 260 - 315 range area.. which is not so wide range for TSLA. i really don't a serious selling in TSLA. CME_MINI:ES1! is near the low of this year (2022) , which 3650s area (June low). if ES run out supply, and i think it should, TSLA will bail out all of seller at 315 area, poor structure. let's watch this moves..

ruby_kinetix

Gold is like on big accumulation process. Since last week ,the buyers are very aggressive to buy at new low. May be the buyers thing the seller is willing to fill on bid side. Now, how to put is all together is the another art of mystery. I am slightly bullish on Gold now.

ruby_kinetix

$Gold $GLD has been falling down heavily for couple of days.. buyers came back at 1780s, and 1800-1805 will be potential for selling .. let see if big time frame buyers will accumulate at 1780s and above, or this will be another more selling to test 1760. My bias is Neutral to bearish, and I don't see any strong bullish reversal evidence yet. I need Buyers to...

ruby_kinetix Updated 

$Gold is likely about to break 1745/50 resistant area. I was able to buy from 1700 level, add more on 2nd up arrow , flat my positions on 1720s.then rejoin the buying on 3rd up arrow , was stoped due to the Fed announcement and se-joined on the 4th , after the Fed , and I set it up on small pull back. and I flatten my position on 1740s. soon after that, Gold...

ruby_kinetix

US stock market fell on Friday 24th Jan. Gold hardly to claim up. Those behavior may fuel the $USD currency ( $DXY) to go higher. my 1st target is 98.40/50 area, and possibly it may go higher after the test. The down slope (dashed blue) is only reflection line from previous down move action. It mean nothing for me right now. i just want to see the sellers will...

ruby_kinetix

Gold is having problem to move above 1480 , price stacked at this level for very long time. Meaning 1480 become value acceptance for buyerS and sellers. Here is a tug of war for Buyers and Sellers. Let see what happen last week; Gold had aggressive buyer from 1457-60 area, then .... rejected above 1480, and fast liquidation back to 1460 area again. But the next...

ruby_kinetix

I have been trying to keep on bullish bias, but seems bearish keep coming back, and I don't think big money come yet.eithier for buying or selling. No clear direction at the moment. just a trading money since Monday. 7th was the excess high. then since 8th buyer keep trying at the lows. I am start thinking 285 will be reach this week. NFLX runs every opening with...

ruby_kinetix

$FB made poor low yesterday afternoon, the support was hold and I am heading higher today. I may flip if FB trade below 191.

ruby_kinetix

Yesterday was an evident for $NFLX to go up move. The gap is higher and i need NFLX to trade higher then 290.

ruby_kinetix

285-286 still hold. $NFLX need to trade 280s and break 290 today, otherwise will be more liquidation below 285. I still think for going higher now. Yesterday, buyers exited twice below 290. But reversal move from 286 low was solid. Overnight, buyer liquidating their positions until the low of yesterday. I need to see more confident move on upside, before join the market.

ruby_kinetix

$NFLX didn’t make any clear decision yesterday. Likely today will test 285 support. If it trade below 285, it will trigger more liquidation. Today is Wednesday, usually become the tail of reversal otherwise, it will continue the previous direction.

ruby_kinetix

I bought $NFLX put at 290.50 after rejection 291 and out about 287 area, when tested morning low. price now is balancing at below 288 area. if trade below 287, may be go lower to 283-280 area. I have low confident to trade above 288 now. I can be wrong. I may just wait to see if NFLX want to make better clear direction. if today 287 hold as support, I just expect...

ruby_kinetix Updated 

$GOLD was expected to trade higher and break the upper balance 1520. yesterday , US session, GOLD didn't go back to above 1510. Gold may still maintain the range between 1515 - 1480. i will change my bias to up side when GOLD trade back above 1510. Below 1505 will trigger more liquidation.

ruby_kinetix

$NFLX made nice re-accumulation on last Thursday and Friday. 285-286 is my support zone. Trade above this level will squeeze all sellers and help the price back to $300 level. Today NFLX may gap higher, and I plan to play long side on the pull back. Unless NFLX trade lower then 285 level, I will stay aside or trade in smaller size to join the bears.

ruby_kinetix

Since BREXIT being delayed again, and I expect DYX bounce at 97 levels, I like to see $GBPUSD , minimum, to make balance below 1.3 area before any further decision for the direction. I also expecting any taking profit action here. So, this week I don’t have plan to trade above 1.3 yet.