HOOPFOOD

HOOPFOOD

I expect a collapse to be coming soon. I'm bullish on stocks and believe Gold will implode once break out happens. We are in a rising wedge that still has some room for an intraday bull but is providing a buffet for a swing short.

HOOPFOOD

Only posting this because everyone else is shorting and will be surprised when the HH comes. This will be my 'I told you so' post. Market timing is suicide and unnecessary.

HOOPFOOD

XAUUSD

HOOPFOOD Updated 

((I would recommend to not long this and be conservative on short entry. let the support at where the bottom of the fall wedge was beak first)) Could we bounce off 236 retrace? Sweet spot short zone is 1520-1509. Possible immediate collapse THOUGH, so longing is risky. Extension down 1st target is top of green box (1464) to bottom (1439).

HOOPFOOD

Scalp bulls may want to draw this wedge out and prepare. Intraday bears may want to take profits now (SEE PREVIOUS IDEA). Not longing this but just pointing out a squeeze is likely. Risky trade; bears still hold the power. I'll resume after pop.

HOOPFOOD Updated 

Trend line has collapsed and bears are hoping for an immediate pull down. I believe a pop to 1520 is likely but a failing of the that also. More sell offs to come in my view. 1520 should be a seller's stop.

HOOPFOOD

1484- Key area to watch into next fib trace from 2011 peak: Bulls are still right in the fight. Bears must be aware of areas where Bulls are happily waiting.

HOOPFOOD

XAUUSD

HOOPFOOD

CAT

HOOPFOOD Updated 

1507-10. stop on break of bottom of triangle

HOOPFOOD

I'm going long on the S&P. All based off TA. I know people are worried about trade wars but market timing the s&p off that isn't smart IMO. Lets go higher.

HOOPFOOD

JDST. Conservative target is 24.

HOOPFOOD

Posting this to give you all a alternative perspective from a stock. You can see the bearish pattern forming and should trade off it by textbook rules.

HOOPFOOD

People are starting to turn bullish again with the 'sky is falling' theory. I'll stay short and target the fib lines below. 1470 may be a bit greedy of a target but I do believe a lower price is ahead.

HOOPFOOD Updated 

I'm not actually longing this; I've been short for the long term but to have some fun I'm testing to see if I can predict some bull power. High risk trade. Bears can easily pull us into free box I set up, but let's watch:

HOOPFOOD Updated 

Gold seems to be losing steam and bears are gaining interest in nearby fib levels.

HOOPFOOD Updated 

I personally believe that we will dip a bit here but can't be sure. I have already hit my target so I am not so reluctant to short now but am aware bulls are still here. taking some profits on way down is advised.

HOOPFOOD

The Bears have been beaten into a bloody pulp and are looking for a bounce off the top of the wedge in the next coming days/weeks. The 1483 (5) line will act as a confirmation area. No reason to believe Gold can't keep flying but I'd say safe bet is to respect the broadening wedge until broken.