JasonRotman

JasonRotman Updated 

WEEKLY MONEY FLOW INDEX INDICATOR IS WELL ABOVE 80. HIT MAJOR GANN RESISTANCE AT 2400. EXPECT PULLBACK BACK INTO WEEKLY KELTNER CHANNEL.

JasonRotman Updated 

Here are my upside resistance levels (very near term) on CL. These are based on key FIB levels and chart levels as well. $51.21 is a great one.

JasonRotman Updated 

COULD BE EXCELLENT BULLISH SIGNAL. LOOK FOR APPROACH OF BLACK TRENDLINE RESISTANCE. AFTER RECENT BULLISH ENGULFING CANDLE IN JAN2017, PRICE WENT FROM AROUND $1.40 TO $1.59.

JasonRotman Updated 

I see a bullish divergence on the daily chart for coffee. The MFI has made higher lows while price has made lower lows. I believe coffee is headed higher to at least the 50% level of 1.4585 (if not high 140's).

JasonRotman Updated 

I think the long term trend of bullish gold/yen may be in beginning stages of reversing. On a daily chart, the KYT indicator has turned bearish. The M.F.I gave an amazing overbought signal earlier this month, but I still believe we will see this pair head lower. I look for the supportive Gann angles of around $1360 to be hit.

JasonRotman Updated 

Very interesting potential triple-bottom in this spread. Potential bullish divergence on price and M.F.I. indicator. Indicator seems to be making higher lows while price is making lower lows.

JasonRotman Updated 

I see the Money Flow Index starting to make lower highs while the Aussie/Kiwi hasn't really followed it lower. This tells me volume is coming out of the strength, so this pair could revert lower.