> Not in an uptrend anymore > Expecting it to go down but not in a straight line > Not biased towards holding past the next resistance > A buy but not yet, maybe in a few days
Price would decline like this:
Gold
> In a downtrend but a weak one > Wall street cheat sheet > I do not want to touch it yet > Wait, and look for a buy around $1200
Copper
> In a downtrend > Do not want to short > Close to support area & almost full retrace
Grains
> I smell fear > Absolute bubble starting (again) > Can end at any time > Not sure how to enter right now
USDJPY
> Waiting for the downtrend to continue before I consider entering > I see no buy. Chart is just not interesting just like EURUSD > If we start going down it will be interesting
Brexit
> I smell fear... > In a downtrend but extended way past its moving averages (emotional move) > Waiting for things to calm down before shorting
AUDUSD
> Reached multi year lows > Waiting for a pullback higher and then I short it > Big downside potential but also at a support level bulls might defend it could spike higher > AUD minor pairs same story
USDCHF
> FOMO crew is trapped after the fake break & in complete denial > Expecting a flush of bulls that cannot admit they were wrong > Probably V shape recovery after a large dump, around the lows of the running wedge
EURJPY
> Missed it, now I have regrets for the rest of my life (jk I am not a crypto investor) > Expecting the downtrend to continue > If the selling continues a while and we extend, I will short on a new pullback
EURAUD
> Euro not convincingly going down, australian dollar down down down > This could be the start of a beautiful uptrend > Will buy a leg down, if the FOMO community will let me
GBP Minors
> I see only red except GBPAUD > GBPCAD bouncing, rest all down > Interested in going short
NZDUSD
> Another sucker's rally potentially > Wait for it to stop for a day or two > This could be a big bounce, so patience is key
EURCHF & EURNZD
> Just a little lower and I buy
S&P 500 & Bitcoin
> Still keep going down, the FED I think has hopes they can contain things until the economy catches up > Good luck with that > The uptrend is DONE. Trade war news are awful. > Bitcoin big FOMO rally "quick I have to buy as fast as possible" has calmed down > Bitcoin went up because of some MA cross & trendlines. It's now priced in.
Comment
⋅
We might be able to predict the future here... o.0