tipere445

tipere445

Good day folks, I think we could see a bounce in MJ and test new resistance at 24. Thank you,

tipere445

Good day folks, VXX is trading in a range from 10 to 55. The RSI is falling and the VI is bearish. 30 was tested a few time and couldn't hold, so I believe VXX will continue to fall until it reaches 10. Ofcourse, if it reaches this price I will load a few shares. Volatility falling, I think the US market will continue to rise for the next few months. Thank you,

tipere445 Updated 

Good day folks, I think the market could correct, maybe lower than 260. The VI and RSI are both bearish. Thank you,

tipere445

Good day folks, Based on RSI and VI, I think GLD could retest its 130 support. However, the chart being in 4 hr Renko Bars, this could take a "few weeks" to materialize. I remain very bullish on the long term, so this is just a pullback imo. Thank you,

tipere445 Updated 

Good day folks, This is a comparison I made based on my GLD forecast for the next 12 months. I expect GLD to rise by 5 to 10% before year end. I calculated a few ratios and it appears that GDX moves exponentially with gold price (not a discovery I know). Basically, I wasn’t unable to use a distinct ratio, so I just compared their corresponding prices at the...

tipere445 Updated 

Good day folks, I think we could see a bounce in the oil futures. Attacks on tanker, G20 summit, OPEC, etc. this could move the market in the short term. The VI is rising and so is the RSI. My target is 12.00, then we'll see. Thank you,

tipere445 Updated 

Good day folks, 32 support has been tested multiple times. I think it is going to hold. The indexes could take a breather here as VXXB bounce from support. Thank you,

tipere445 Updated 

Good day folks, Head & Shoulder in SPY 1 hr intra-day, neckline at 272.35 This could be the top or we could have a last push higher (275). Either way, this is about to move and I will be short soon. My entry is at either: broken neckline or 275. Thank you,

tipere445 Updated 

Good day folks, Based on volatility, the market could trade within a range for the next 15 days. So VXX is on channel support and into an ascending triangle (bullish). Resistance at 40. If the chart is good, this could provide a few long and short opportunities. Thank you,

tipere445 Updated 

Good day folks, More I look at the chart, more I think that there is a big move coming in BTC. Looks like BTC is making a reversal pattern, however, it remains a bit early to tell imo. Bullish scenario 1 (green) : this is my favourite as it would be a cheaper and safer entry. Also, the chart still looks bearish in the short-term. I would initiate a long...

tipere445 Updated 

Good day folks, It should be a sideway day, with an opportunity to short tomorrow, maybe even today eod. The channel didn't hold, so the support and resistance are being tested. IMO it will fail and this will result with a pullback of the recent uptrend we just had. Thank you,

tipere445 Updated 

Good day folks, Just an idea; TLT looks like ready for a drop. I don't 120 support will hold in the short term. Descending triangle could break tomorrow.

tipere445 Updated 

Short term Im opening a call position here and will close if the channel breaks.

tipere445

Good day folks, I reviewed my mid-term view on gold, and I think that it is pretty obvious that the metal will shine this year. As per the title, I expect 5 to 10% upside for the year. We gonna see later if the stock reverse at 128 and close under the red line (resistance 1). In such case, GLD would be in a triangle. If it breaks out, the channel will be my...

tipere445

Another idea of an ETF to hold this year. About 10% upside potential plus a 12 months trailing yield of 6.68%.

tipere445

Good day folks, A think this ETF provides a very good way of playing the oil market (indirectly) this year. The price could have bottomed. We will see if 14.00 provides enough support. The stock also has a 12 months trailing yield of 4.91%. Thank you,

tipere445

Good day folks, As the title says; just an idea of the weeks to come. It is obviously bullish at the moment. I would prefer that QQQ test 150 again, but I’m not sure if it will. We will see. Thank you,

tipere445

Good day folks, I am currently working on my watch-list for this year, and I found this chart very interesting. Of course, this is a very long time-frame and things could change drastically, but there is information on it that raises pertinent questions about what is going on in the market ATM. EFA is in a triangle within a larger triangle, and it just bounced...