So which one will correct?
QE and NZIRP have created such a bubble since 2013 and has completely diverged from macro fundamentals.
Based on history, which always returns back to mean?
But it's different this time, until it's not.
Looks bearish on a long-term timeframe.......looks like a macro bear flag pttn. w/ a tgt. of around 80 for the extn. of the move......of course if it b/o of the upper trendline around 125-126 to the upside then the pttn. is not valid.....if it trend down to the lower end of the range & then b/o to the downside of the pttn. around 110 then it could go to the tgt....
With interest rates around the globe slowly entering negative territory, gold become a rewarding asset yielding zero... Is it the end of the cyclical bear market and the start of a new bull? I am definitely opening some long with the hope of pyramiding later this year. For the time being, a nice speculative long position can be entered on a retest of the neck...
Just an interesting study using arcs and Fib retracements. Using BRK for an overall proxy for our markets to gain insights as to if we may be nearing a generational top.
This chart suggests to me that we may be closer to some sort of top than we are to the beginning of a new secular bull market as some have suggested.
With this very pronounced strengthening of the dollar, none of the commodities are immune to that, from wheat to palladium.
One of the main standard to look for is how gold is reacting, and it is going through some pretty tough times.
The question is, what about Bitcoin?
==> Does the money go back into the box and leave speculative investments like Bitcoin is?
Yesterday, price reversed and sellers managed to fill partly morning gap up. It feels a bit messy, as we are still in this slow trending up environment. But still we can approach to our markets with plan and levels to be prepared to different scenarios. So, pivot resistance is $198.10 close to previous top. After SPY broke up 2014 consolidation it entered into...
Very good risk reward trade, to capitalize on future earnings and volatility that it can cause. Also all old world problems that causes a to of volatility in February - April of 2014 are still there. The volatility can mainly increase due to crisis in Ukraine/Russia, Iraq, Iran, financial troubles of EU, slow down in China. And don't forget all upcoming talks...
Very interesting dynamics at play in the dollar. Keep an eye on the price action here. Price is currently at point A where there is a confluence of resistance levels.
Price rebounded from the blue channel a few weeks ago but there is no follow through yet. If you have a bearish bias the next drop could go as low as point B where we have a confluence of support...
Based on measured move objectives there are a confluence of potential resistance areas to note just above where price currently resides. Above ~11280 with CONVICTION and ~12500 is the final target.
Looks possibly bullish here as this could be an Inverse HnS pttn. going on right now & if it b/o of around the 189.50 levels then an extension of the move would bring it to tgt.#1=196-197 zone......as always watch volume for confirmation
Looks bearish here as it could be forming major macro bear flag/pennant pattern and if it breaks 121-122 zone w/ volume then it could test 95-98 zone for the extension of the move & this could happen in the next few months.....it looks like the major line or zone of support is around the 90 level which would be around 900 or so actual Gold price.....this area is...
Big Picture:
US markets are strong, so I like long ideas. Despite, this stock looks weak I think if market break up failure scenario will come into play money will rotate from stocks that are on highs to underperforming stocks. And if market will continue showing strength momentum will cautch up this stock as well.
This technology company grew up from $20 since...
US markets (Dia, Spy) are trying to push to new highs. Money rotates to safe heaven, high dividend, large cap stocks (www.cnbc.com).
Cisco is component of both indexes DowJones and S&P. It built nice inverse Head and Shoulders pattern with neckline @ $23.60ish area. And we have series of three higher lows: first is bottom @ $20.22 then right shoulder with...
US markets covered morning losses and closed well on highs. Tech sector and small cap companies continue to diverge from S&P500 and major cap Dow Jones. It makes some traders nervous, and some say it's time for caution but we will measure price action with levels and wil continue to follow our process and rules.
Market has switching gears every day, so we...
Pair found bottom after downtrend and sentiment changed to the upside. Now it is flagging/consolidating. Need some catalyst to attract more active buyers and investors. Interest rate decision tomorrow could be one of them.
I will put feeler here with STOP below support zone at $0.92500 and will ADD more through $0.93000 on break up of
"handle". Potential TARGET...
review of US markets after US job report. It closed in red on Friday despite good data. That is why you should listen to what market tells you not just trading opinions of bloomberg analysts. So, it failed above previous high and closed near lows – something to take notice, maybe it could lead to something bigger. Point to make adjustments is low of the day at...
