The 'Range Movement' indicator is confirming the monthly breakout in $ETHEUR, showing new all time highs in it, together with price. So far, all timeframes' signals have been coherent and bullish for $ETHEUR, and every consolidation has led to higher prices after breaking out, since I called the bottom in this instrument recently.
Let's keep an eye on it, any...
I'm flat GOOGL, but seeing the valuation up here makes you wonder: How long can this momentum last?
There was a long term 6-month timeframe signal that expired recently, and we now have a daily uptrend that lasts until March 22nd, with a potential target at 884 give or take.
I would find it hard to short this, but I would definitely not want to own this stock up...
This is another very prophetic post, like my ETHBTC one. I think that we will get an approval by the SEC, but, since the ETF won't bring money into Bitcoin right away, price will fall back to weekly support at 1139 give or take. Bottoming there, while big players accumulate positions, until the market is ready to trend up vigorously again.
The market is likely...
Oil has started a weekly downtrend, which we accurately predicted, monitoring the positioning, sentiment and the spreads in oil against other instruments (energy sector, Canadian dollar, etc). I think we can hold our position for some time, we're short from 53.25.
Since we already hit the first 'clone' of the weekly mode range, we could stall here. I'm...
I think we have an ideal spot to short both USDCAD and USOIL as a pair trade (or just short $USDCAD with a 3 average true range stop loss). I'd reccomend sizing each leg to risk 1% if price goes against you by 3 times the average true range in the daily chart and holding it for roughly one month, at least.
Good luck,
Ivan Labrie.
Silver has hit support on the pullback and flashed a buy signal here. Ideally, you'd wait for the market to break Friday's high, and wait for a dip, or just buy at market after this happens.
The trend is up for the most part, so, we could continue to trend higher from here.
You can either risk a new daily low under Friday's low, or risk 3 average ranges down from...
I can make an informed guess on how long it will take for ETHXBT to surpass Bitcoin in performance dramatically. The monthly chart indicates we could expect a major breakout only after May, or as a worst case scenario, July. There are two possible top targets, and an estimated time duration of the rally as well.
The targets are 0.095937 and 0.228555, with a rally...
As a reminder, this is the 'Time at mode' long term trend that is currently active in Bitcoin. You can see how to date, we have been following this forecast's path with precision, and I expect it to continue this way. There's a larger target that is achievable, but I don't include it, since it isn't likely to get hit within this trend's 'life'.
Cheers,
Ivan Labrie.
The key levels on chart give an excellent idea of what's going on in $AUDUSD. My bias is the long side, so I'm buying each chance I get, on dips against support with tight stops. It's fairly easy to close in profit in a day or two most of the time. Longer term, we could be building a rally of monthly scale, but we need time to break above the resistance zone...
AMD's chip is weaker than INTC's one in many regards, although an improvement compared to previous chips. I'd still like to own one, but the hype implied it'd beat INTC's offerings, which it didn't. Valuation and the fundamental factors at play imply we can short with comfort.
Good luck,
Ivan Labrie.
We're long already, after trying to capture the bottom of this pullback and suffering a slight drawdown (our average buy is around 0.01140). The trend seems to be turning up in this chart, and it presented us with a good opportunity to hedge half of our long BTC position at least.
After today's close, we could add to it on dips, so, keep an eye on it and be ready...
We have a strong uptrend signal in treasury notes and potential for a big upside move. I'm currently long $TMF, as my proxy for this move, since $TLT was lower than 10 Year Note futures, offering a more interesting risk/reward (as per Tim West's posts). Right now, I think the move to the upside is confirmed, so, if you're not in, you could look into buying either...
This is the Bitfinex chart. I'm currently using this one, due to having the highest liquidity of all exchanges. It seems like we have reached the last day of the recent daily uptrend signal we had in our charts, so we can expect a decline back to the uptrend mode, if the market is due for a breather to resume the long term rally.
If BTC doesn't fall under either...
Gold is rallying after breaking out of the strongest local resistance level (red box). There is a new uptrend continuation signal that got triggered yesterday, and I reentered longs on the breakout. Currently in profit, and looking to trail stops and add if viable.
Keep an eye on the developments from here onwards, it becomes extremely interesting the higher we...
I'm bullish for the most part, but we have risk in this zone. If we do break higher on close, and stay there, we could see a massive short squeeze rally in gold and silver. In the case of gold here, the target would be 1714.28, initially, but could evolve into a resumption of the long term advance in gold, so, I'd reccomend simply owning some physical gold, on top...
The monthly 'Time at Mode' analysis of S&P500 -0.12% suggests we can top at just shy of the analysts' forecast for end of year closing price.
This which would frustrate them to no end, and possibly make them give up and turn bearish , downgrade stocks/reduce the forecast target price, or even turn 100% bearish .
That would give us the right elements for a...
$CORN has a confirmed long term uptrend here, we can enter longs risking a drop to 19.01, and aim for a big rally this year. Fundamentals imply a potential advance due to climate, plus, it's a really sound technical trade.
Good luck,
Ivan Labrie.
I think we might form a topping pattern, and take some time to break down here, so, I'll look to short on a retest of the earnings level above.
Price won't slice through this level immediately, it'll take some time to coil, and eventually break out confirming the decline.
With how steep valuation is, I'm inclined to look for hedges to my long positions, that's...
