egillis214

egillis214

Stellar Lumens XLM on a run ? The Daily Trend is down but the opportunity to trade here show promise in intraday swings

egillis214

Trends still Bullish for XAGUSD and SLV as market is unsettled... CPI July will tell if breakout occurs

egillis214

Trend will break soon with other commodities...

egillis214

BUY BUY BUY

egillis214

Perhaps a buy opportunity soon?

egillis214

What will you do?

egillis214

SPX sees some downward pressure FOMC Announcement Unemployment seen around 3-4% Inflation Elevated then "moderating" Upward pressure on spending with supply bottlenecks "larger than anticipated"... Prediction of 2022 inflation 2.2% for 2022 Inflation Goal 2% is goal 2023 projections on Fed rates above 3% Ed-We will see in June & July CPI rates...

egillis214

As predicted

egillis214

Silver price and support to upside.

egillis214

R values over 90 show price only moves are in line with slope. Note use of Renko blocks for price and not other factors.

egillis214

These prices move predictably as long as the trends are followed...

egillis214

Price only trend on Renko also show stronger P values for a longer trend down then other short term price movements. I still only see sideways consolidation and no signs of a breakout upwards. The P values for all intervals are lower for upwards trends on price and price/time charts. OANDA:XAGUSD

egillis214

Very close trend Q values for Silver Price correction is here! Good opportunities for straddles/strangles or Put Selling See Green box for post election ranges for IC or BWB Any positive news or flights from Equities will see Trends Qvalues over 80% Wait for new supports to appear until Nov. 3rd. GL!

egillis214

Trends are trends ... don't fight them. You trade by the second, scalp by the minute? Hold by the Day? Then spot the trend the same way. Fit the R value, closer to "1" the better! Then plan your price and watch the support resistance moves just fall in line to trace the trend again. This plan had Rsquared above 0.90 for 21 days. Both the price pattern in...

egillis214

GLD is still working in a price channel and a trend to the BULLISH side. Bouncing off the bottom support while consolidating. Positive S&P or DOW moves tend to see down days or sideways selling. Any bad news may see upticks within the Fib or BB ranges UP! Watch for Thursday's with Futures closings, Friday Option expiration's and "Witching" days, these are also...

egillis214

I don't know how to explain this...?

egillis214

Still in Fib ranges and trends... watching for breakout levels or more squeezes on shorts and hedges adding to positions. SLV Miners also moving GLD and XAUUSD still consolidating.

egillis214

Patterns patters, but is it a trend , a predictor or just a market swing? Perhaps a short squeeze? Flight to safety? Perhaps hedges? TBD! watch 25.63 for a market move up again!