$HG_F ruled by a 10 year Schiff's Pitchfork ans a H&S

COMEX:HG1!   Copper Futures
785 5 2
Weird low volatility mkt
14 weeks to end of the 77 bars cycle
note how the 10 year Schiff's Pitchfork has worked nicely foretelling the top 2011 and relatives 2010-2012 highs
potential H&S tgt             would mean lowest blue parallel easily reachable in case of a 2008 bear market scenario ( lows in 5 months) here even rapidly if the 77 weeks cycle will be respected
macd and rsi neg div             confirming COT where commercials getting pretty bearish
note how rsi neg div             well foretold the 2008 copper             crash
that wasn't meant to read as trolling either, though it probably did :) Great chart, just missing the RSI logic
Ecantoni IQMSUpdate
well noticed man! :) heres the errata corrige clarifying price on LowerH...rsi on HigherH
what is the current period RSI negatively diverging with. Shouldn't price be making new lows for that to be possible?
Dr. Copper has failed to complete te 77 bars cycle in time, but the bearish outlook remains strong. While the western central planning remains clueless, China is imploding under the pressure of the Shiborcrunch...pointing for a test of the green parallel at least.
Red median pretty close now. 77 bar cycle ends in 6 wks. China GDP coming in slightly weaker than expected confirms the scenario. Commodities under general deleveraging
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out