KeyTrade

KeyTrade

Same with previous chart, around Nov.19-21 market should reach the rally target for short.

KeyTrade

From my indicator to get to TL, estimate the time for the market rally to end is Nov.19-21st. Lets get shorts at that time.

KeyTrade

With oil bouncing next week potentially, XLE is likely to bounce. Plus XLE held support very well this week although oil crashed. Long to the upper channel.

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After a 10 straight drops, oil finally at support based on my indicator. As long as the support holds, long oil. TP: 65

KeyTrade Updated 

Gold is about to sell off that based on my indicator. Once it breaks, sell it to 1130 area.

KeyTrade Updated 

Confirmed HS with a gap down and closed down. Distance calculation based on HS and cloud level TP at 186 before a initiate a long position. SPY and QQQ have heavy AAPL weight, will have some headwinds ahead.

KeyTrade Updated 

Potential higher highs for SPX500 and watch my indicator to fail the TL first (since it usually breaks before price breaks TL).

KeyTrade Updated 

Short semis more for the pull back if there are any. At least 20-40% more downside ahead before really buying the dip.

KeyTrade Updated 

Super clear HS and island reversal, as long as the trend line not breaking above. Short. TP as listed , profit ~10%+

KeyTrade Updated 

XLE has broken triangle formation. Expect it to retest the bottom trendline before further down. Short it if the retest fails to go above TL. My OB/OS indicator has reached to the previous low level. Trade the bounce intraday or 2-3 days short term. Then resume the downside, expect it to break the previous low in my indicator. LT TP: 41

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One week passed, GDXJ starting to form a bottoming signal (rising volume and bottom wick). With the equity market (SPY) so weak, gold may have the chance to breakout. If GDXJ breaks above the triangle trend line, that will be a false breakdown. That we should expect a huge rally ~20-30% from current level. The only risk is yield is about to explode, so if gold...

KeyTrade Updated 

Daily TBT shows bull flag and seller exhaustion. Weekly bullish cloud ahead. All major EMAs supporting the move higher, which means rates going to explode much higher. Bullish dollar $DXY and bearish gold $XAUUSD and miners $GDXJ $GDX

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HYG clear clear cannot be more clear cup and handle. How can you be long equities now, super risky.

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Triangle breakout and retest. The distance calculation will bring USDCNH to 7.5+, well above the 2015 high. Don't be surprised for global selloff and panic.

KeyTrade Updated 

Brazil has been bullish lately with elections and central bank lifting interest rates. $USDBRL has been down for quite a lot. However, the move is short term, here is why: 1. Brazil cannot sustain high interest rate for such big deficit (it's not financially strong as U.S) 2. Election effect is priced in and will be gone after the event. Although the candidates...

KeyTrade Updated 

EEM the emerging market index ETF. there are two possible routes at this point. It is the moment of truth for this sector. Monthly breakout now retesting the break out TL. If it breaks below the trendline this month, it will go straight down, auch, brutal. However, I see this is low possibility, because I can see SPY bouncing (see my other post). So I would expect...

KeyTrade Updated 

Short BA when it breaks 340. Price major divergence on my indicator. TP: 270

KeyTrade

Just like QQQ, SPY has approached my indicator's oversold level. Everytime in the past, it has a decent bounce, 5%-10%. Consider we are in the 9th inning of this cycle, lets shoot for a 5% bounce. I would accumulate longs at around 2600-2650 level if there are any. For a target price 2750-2780.