Yields should go down in Europe. And bonds should rally
Platinum should outperform silver following the wedge
Sugar looks good for a swing long, it bounced from a 5 year R1 level and untested demand zone. I expect a retracement to R2 ( middle of range)
I expect palladium to start an accumulation process in the following months for the following reasons: Technicals: Palladium is in an untested demand zone which includes 5 years and 10 years It is in an untested demand zone which correspond to the restest of 2001 highs and the breakout of 2018 There is a divergence on the MACD Seasonality is positive...
My analysis favors cocoa shorts in the coming weeks/months for the following reasons: The price of cocoa futures have broken ATH in a parabolic fashion Price is approaching the 5 years R2 Seasonality is bearish in december and after february Lower rates should favor stocks vs commodities All agricultural commodities have retraced quite a lot after...
I'm expecting russell 2000 to go up in the 190s and early 2024 after retesting in the 170s and going to 210s supported by lower rates.
Looking for T-Notes to continue the rally in coming months: It looks like it ended a 5 waves pattern There is a divergence on the MACD between wave 3 and 5 Their is the 10 year S2 at 105 and an untested demand zone Historical number of shorts on the T-Notes ( COT: Reportable Non-Commercial Net Positions (Futures Only)) Lower inflation and...
In the short term, I'm looking for a push to 27.50 (invalidation 22.00) and 40.00 (invalidation 20.00) in the long term. Short term: Silver reached it's last low in early october around 21.00. This price range corresponds to a prior low from the previous correction (white box), an untested demand zone (green box) and the 5 years R1. Silver finished what I...
Miners are looking good. Lower USD should support and reversal of yields also
As long 15 holds pump on VIX is coming and market down is coming
Praise God because nothing else really matter ... everything is on the chart
Again no need to write thousands of words. Just need the chart
“I, Jesus, have sent my angel to testify to you about these things for the churches. I am the root and the descendant of David, the bright morning star.” - Revelation 22:16 It is written