Given all the "smart" think-tanks and the vast majority expecting parity next year, probably the appeal of the opposite side of the trade doesn't need further analysis. Anyhow, the euro is tracking the fractal since 2012, as latest spike confirmed that the euro is also tracking December 2015 (posted already).
Being tracking this since September. Starting a position, as inflection point is so close, that it could reverse the trend totally out of the blue as in June 2010.
-Ideal Tgt @ 50% fib ext by March
-Stop @ 3.00
-Doha Opec deal looming
-Being tracking this since last Autumn, to be kept for next year along with wheat.
-SL @ Nov lows
-First TGT is @ neck test @ 50 then respectevly by 10 handles higher but it has to be assessed further late on.
The reasoning besides the fractal is quite simple:
- Cook dumping shares
- November orders cut by 10%
- Cash wasted for monster buyback program @ ATH and dividends
- No new product till next year
- In doubt blame china
60min vs. daily is another interesting point of view and source of an undone mandelbrot
-TWTR October-2014 gap fill came after 3 months and a half with a similar bottom
-TWTR 15m shows how the current p/a has been perfectly repeated ahead of earnings
-TWTR looks to be tracking daily EURUSD 2013 and EURGBP 2009 fractals
TSLAs recent gap reversed on earnings has widely provided a further confirmation of what JAZZ did back in 2012. Even the RSIs show similar positive divergences. On the 26th of April JAZZ acquired EUSA Pharma hitting NATH the same day. How TSLA seems to be poised to squeeze further in the same way lurks into the ...
Chart looks to be tracking an expanded version of the 2006-07 cycle. A Mandelbrot, chained in an action/reaction downtrend, which has just been tested. Swings since October 2013 are practically the same, as the inv h&s is completed now. What's impressive is the coincidence of the upcoming earnings, today AMC.
This shrunk analogy looks decent, prolly the most bullish case scenario. If the model plays out, after a 10% ramp, Spoos will retest 1960 by September's witching. Current continuation H&S inv has just b/o the neck as despite the tapering, the 10y yields jaws, the fixing scandals, despite the tensions with Russia, ...
The pattern is almost perfect. However, if it plays out correctly the decline wont be a straight line, assuming 10 as potential tgt. The roof has been built on the Ukraine Crisis and the Russian invasion of Crimea. Whats left? A catalyst to pull down this domed house of cards.
As the federal balance sheet keeps on expanding, the kind of juncture we are about to see might be tracking the end of QE2 in 2011. They will blame it on the weather, EM, China or Russia, but the reality is that after 5 years of this 10:15-centrally-planned-market the real economy is struggling again. QE has ...
-potential pullback in the near term
-more downside risk till March
INDU is showing the same pathological pattern of others notable market tops. There are analogies with 1929-1973-1987-1990 and here with 2000 tracking a failed H&S followed by new ATH. The reaction on the 240 DMA (220 DMA in 1929) like 14 yrs ago ...