B15H

B15H Updated 

This is the quarterly charts of the #EURJPY and #USDJPY, we are seeing a triangle pattern occurring where we will see a breakout in the coming months. Watch closely...#usd #jpy #eur #fx

B15H Updated 

I wrote, earlier that We looked like we could be getting a Head and Shoulders on the #VIX #VXX, what that means that volatility was looking to deteriorate, #SPX #SP500 would see a rally. We saw that this past week. Waiting for this break to see IF there is more upside in #SPX.

B15H

Just another indicator, they are sectors within the SPX, so they should follow the index, but these sectors are showing the path.

B15H

Gold bugs are waiting for this metal to rally, however, I see a stumbling block at the 1236 level it has been resistance since early this year. However, it seems although we have a upward channel forming, but you could make a case for a #bearish #flag, a sustained break above 1236 would open up that 1275 area, then after that we could rally into 1300 and beyond....

B15H

When we look at correlations in charting, we sometimes see certain #FX pairs are correlated to a #commodity or #index, in this instance I am giving you an example of #EURNOK vs #UKOIL #BRENT. These charts can help you make distinctions in the trend of the commodity, so when we see a #bullish EURNOK, you want to be looking a trades that are bearish Brent/UKOil,...

B15H

Looking at the charts, I can see an opportunity to go #long #WTI #USOIL and if you wish #short #USDNOK, these markets have a correlation (not tick for tick), but you could do a play on a weakening dollar, NOK is typically oil pegged currency, it's very volatile, but you can reap rewards IF traded correctly. I am looking for a short-term bounce in #Oil and an...

B15H

So far, we have seen the #S&P500 rally over 130 points this past week, from the chart, could we have a low in? Sentiment was very #bearish on the social media front, but the chart was telling you...maybe we either take a breather or we have ended our bearish bias. Time will tell. I am still a believer that we get 3,000 #SPX, we'll see, at this moment eyes on the...

B15H

#USDCAD #CAD looks to be flagging, my route in my opinion that we breakout to the upside. This would take months (as this is a monthly chart). Watch this space. #usd #cad #usdcad #fx

B15H

Looking at Oil, we have dropped dramatically in the past 6 weeks. We can see that we are very oversold on the commodity, but I think IF this resumes much lower, which could well be a possibility, unless OPEC strikes deal in December, I would see bounces to be selling opportunity to low 50s.

B15H

on the VXX we possibly see a Head and Shoulders pattern forming. If this confirms and breaks, then we could see much higher prices in equities. My feeling is that we may stop at the neckline and we resume higher. My thinking behind lower prices in equities stems from late cycle, global growth slowing down and inflation. We may see higher bond yields which would...

B15H

We have seen declines in the indices that could potentially carve out a reversal pattern. IF this plays out and becomes an inverted #headandshoulders in the #SPX #S&P500 #ES and even the #NASDAQ100 then targets the 3,000 area. Longs initiate above 2813. I still think we could make another low like we did earlier this year before we go up. This original idea came...

B15H Updated 

#Gold #XAUUSD 1H I saw a pennant pattern forming, was waiting for the directional break. I initiated the short at 1222 with a 5 point stop, looking for 1211 area and possibly lower. The 100% Extension Fib comes to the 1216 area, so will trim some there and keep the rest.

B15H Updated 

$SPX500 looks like we could have a bear flag on the 15 min chart. Need more confirmation for Price, but if this breaks look for a test of 2765-55, then maybe next week we test the lows or lower. Above 2800 then higher targets to 2835-40.

B15H

Now the German elections are out the way and the Euro very much a crowded short. I like a Long at a close of today (depending on the candle), looking to target 1.17-1.18. Twitter: @B15HU www.long2bear.com Instagram: @long2bear

B15H

#NASDAQ100 pennant pattern, looks like we could have continuation to the downside. Until it breaks, we can't take a trade short, if we break higher then buy.

B15H Updated 

We have seen volatility pick up as expected, check out my Instagram posts, where I have posted various charts, I even said we will look to fill in the 2821 gap at some point. Gaps in the indices tend to get filled eventually, as you see from the chart we have filled the gaps on the downside, however, we have 3 gaps unfilled above. This analysis is not based on...

B15H Updated 

We have been eyeing the VIX since late August early September, I posted on Instagram @long2bear that I was expecting the beast to awaken and to test the upper range of April highs. We have achieved and at the same time the SPX sold off. What I see here is a clear rejection, I think we will see the indices bounce this week and the VIX sell-off towards the 17...

B15H Updated 

We have seen sharp sell-offs last week across the U.S. Indices, however, the Russell has been leading this sell-off as it started to break down much earlier. What we can see now, is a possible exhaustion in the short-term and we could be due a bounce next week. One indication that is really pointing towards upside next week, is the positive divergence we have on...