The euro offers an interesting long entry here, upside if prices hold over the weekly mode, and eventually break out from it (cyan box), we may get to the chart depicted on chart within 10 weeks or less. Daily is oversold, with the proprietary indicator RgMov showing a bullish daily trend, and CCI flashing a buy signal, together with price action signals...
Bitcoin is sitting right at long term support. With everyone feeling scared or waiting to buy lower, the time is ripe for long term acquisition. The same is true of #ETHUSD. The last biweekly down trend signal will expire by April but the target has already been met at the very bottom. My clients and me have been buying for some time now, and trading around...
I think $SQM presents investors with massive reward to risk ratios here. Downside is minimal, whereas potential upside is huge. Prices can climb up to $281, in case of a quarterly uptrend, and eventually reach prices as high as $1841.65 over time, whilst paying a hefty dividend as well. Electric vehicles are a huge source of ever growing demand for lithium, and...
I think technicals suggest we could be seeing a huge bottom in $NGAS here, I'm long from this spot, aiming for a retest of the monthly mode resistance above, which will probably send the price sideways for a long time but can eventually result in a strong rally out of this zone, aiming for a surge towards $4+. Very interesting chart, and certainly not moving...
I think we have good odds on the long side here. Tight stop under last week's low and off we go. Once oil gets overbought again, we can trail stops in profit. OPEC will be interesting to watch this month. Best of luck, Ivan Labrie.
This is just an application of Time@Mode rules and fundamentals (and sentiment) to plot what the Bitcoin chart will possibly look like over time according to my analysis. I'll be monitoring sentiment and fundamentals to determine if we do bottom and start basing here, or if we will test the next support level below, since there is an active 2-week time-frame...
I think the US stock market has reached a bottom here, likely to revisit recent highs, if still ranging -which is likely-, but very high odds it doesn't break today's low for the time being. I'd rate it at 90% odds. I'm risking a safe amount going long, entered at 2618.3, stop at 2583.5. Let's see how this pans out over the next few days and weeks. Cheers, Ivan Labrie.
Indicators are telling me after a relief to the upside its time to continue in the current trend to the downside in alignment with the red box full of magic
I think the Peso will regain strength over time from this juncture. The weekly Time@Mode trend signal we had here expires next week but price already seems to be trending down in the daily timeframe, and broke a previous weekly low, so I think we're safe to assume the decline started already. The G20 talks and oil related news might be behind the strength in...
I'm long Jr. miners here, together with positions in oil and oil services, and gold, (and probably silver soon). I think we may get a weekly uptrend confirmation to trigger as a result of the jump towards daily targets that is likely to occur within this week. The move forecasted by the weekly chart would put $GDXJ back at the quarterly time-frame mode, from where...
I think $USDCAD might be ready to trend down from here and fulfill the long term chart pattern implications. A long term decline back down to the mode in the 6-month timeframe is possible, but won't be a straight line down naturally. Ideally one would seek to short it when it gets overbought in weekly charts, for example, and aim to cover once oversold...rinse and...
I think we have decent odds for a bottom in oil here, after some talks about big players indulging in naked put selling surfaced, banks that -violating regulations- sold put options without any kind of coverage. It could have been that the market was being pushed down to margin call the traders behind these leveraged long positions in oil. Natural gas has surged...
I'm long $QCOM and $INTC, as my 5G related plays here since 2 days ago. Looks like the stock is ready to trend up from here. Great to add on dips from here. Cheers, Ivan Labrie.
We have a daily signal forming here, after the weekly trend expired in this pair. If price holds the recent bottom, we may soon start an uptrend which will give us a few trading opportunities to benefit from between now and the end of November. A rally back to resistance is what the chart implies, best case scenario for the bulls...worst case is we remain in a...
I'm always on the lookout for buy opportunities in $TSLA, but the thing is, we have to be extremely nimble and flexible with our trading in it. With my clients we've ridden many moves in this stock profitably, way more than losing ones since we started trading it back in 2016. Right now I think fundamentals present a risk for long term investors, manifested in the...
I've been watching the drama in $NSANY unfold, and after ousting their leader, the stock seems to have bottomed. Technical signals show that the long term support in the yearly timeframe has held. If anything, you have significantly big odds of this drop being the bottom in this stock. Wouldn't shock me to see a rapid rally emerge from here soon. Cheers, Ivan Labrie.
The 4H timeframe looks appealing here in $USDCHF. I'm holding a daily long entry, and speculating on it triggering a larger rally that can last 2 weeks, and reach the vicinity of 1.02332. Currently my stop loss is below the recent low in the daily, but we can look into adding and trailing stops higher once we have further confirmation in a day or two. This trade...
$EEM has now flashed a buy signal, together with $SPY, and offers a great chance to go long with low risk. Emerging markets might benefit from the rally in oil which I foresee here. Good luck, Ivan Labrie.