DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADT INC, BANK OF AMERICA CORP, ISHARES MSCI EMERGING INDEX FUND, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
Bitcoin / Dollar, Ethereum / Dollar, Bitcoin Cash / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
Nice cup and handle good for a dollar profit, is nearly upon us.
Leg 1 finally ended. It ends with a 50% retrace of the bull move. 2 more waves to come.
Bought HL here with a break above the previous highs. CDE looks the same.
Then it looks like this zoomed out... after HL corrects 50 to 60% then upwave 2 begins.
2016 marked the reversal. Its about a 2 year up and down.
So now we lower the bar a little and get the little inverted head and shoulder thingy bob. Usually its a 2 year correction..lows are in late Jan to Feb.
This #gold miner should probably be shorted on any bounce $GDX $GDXJ $GLD
Don't ask me how I know this stuff.... compare it to my first HL sketch.
This should be the bottom of HL let the ride up begin
Here is a follow up on HL.. you can compare it to my last chart.
cup pattern near completion, shake out the little guy at $4.05 range, should move quite fast in the uptrend.
My prediction states that HL will not keep decreasing but will increase giving people an opportunity to sell.
The falling triangle in an uptrend transformation into the flag, after which it continues the uptrend
Hecla is building up momentum for a breakout.
The flag pattern is nearing completion.
In the days / weeks ahead we can expect an upwards breakout.
(Potentially to: first target:11,50)
Hecla Mining Co looks set up for a longterm bull move. Gold has been falling for a while but I believe a buy opportunity is on the horizon so hopefully Hecla ride the bull-wave when it comes.
I know what a top looks like. 4 or more means down.