Yoooo Speculators - let's look at some levels in the futures stock indices following a telegraphed week of selling into last Friday's quad witching. Overall, the markets have cooperated with our most recent analysis that suggested shorts in the NQ and ZB. Now, I'm gonna go out on a pretty firm limb (you know, since markets never go down), and say that we're...
hello traders I share with you in this vedio as a pitchfork trace, we are in a bullish trend
There is a good deal more economic news on tap this week with a jobs report Friday and PMIs mid-week. Earnings continue with 25% of the S&P still left to report. Beyond my favorites futures contracts which include stock indices, interest rates, and metals, I'll be watching the Chinese stocks and what Bitcoin wants to do around $40K.
- Educational purposes only! - Trade at your own risk! - Main language - Russian
This video could also be considered educational. It contains valuable lessons on how to structure the trend and price levels using my favorite tool, simple trendlines. You can apply this method on any asset and flexible to adapt trends as time progress. Gold is currently pretty much in uptrend with a possibility of a small consolidation before major breakout...
- Educational purposes only! - Trade at your own risk! - Main language - Russian
Forecast: The bullish counter trend Zig Zag pattern might finalize the C-wave this week and reverse to the downside. If it is only a narrow correction or beginning of a new bearish down trend, I can't say, yet. The fib, extension levels 1,27, 141 have been taken out. If bulls have the upper hand they might push price action to 1,618 @ ~1805 before price action...
- Educational purposes only! - Trade at your own risk! - Main language - Russian
Forecast: See some upside for gold this week, but it all depends on how bond-market play's out. Targets @ ~1746 and ~1762. Also; I briefly address market sentimet - why gold is not favorable at the moment. Video time: 06:13 About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout...
Forecast: A possible Bullish Ending Diagonal completion this week. Which means price action can drop a bit lower before bulls take over and push price higher. But, if bond selling continues then gold will drop also. Have that in mind. I'll update throughout the week as always. Trade safe. About Gold Next Week # A weekly 3-10-minute forecast video on Gold price...
Weekly Forecast Topics: 00:00-02:42: Market sentiment, bond selling, lack of confidence in U.S. Gov. starting to show. Brief Summary of week 08. 02:43-06:18: Price Action forecast = targets. Stock's looking favorable and which one's to chose? 06:19-07:25: I'll answer questions, Share some of my own stock pick's etc. About Gold Next Week # A weekly 3-10-minute...
- Educational purposes only! - Trade at your own risk! - Main language - Russian