Kuryakin

Kuryakin

As we can see gold did nothing in high inflation, but slowly, slowly making a move up. Higher lows and 3 times failed at the top, but looks like is getting stronger. Last few days made a big move and broke out the structure.

Kuryakin Updated 

double top, but this time was not able to reach previous top, expect a downtrend.

Kuryakin

It is at the key area and the meanwhile in a rising wedge formation, which needs to correct. From the macro side banking are prety bad at the moment all the banks are falling or at the key area.

Kuryakin

Interesting how Total Market formed a double top in a rising wedge formation, which we know has to correct. So the massage is probably more downside coming.

Kuryakin Updated 

Rising structure was broken, but wen back to structure so after a test back short will be open.

Kuryakin

As commodities start to going down, and cocoa just made a double top, plus had a huge erection what needs a correction, I will go short.

Kuryakin

As the holiday season over, airfares rising worldwide, cost of living high, uncertainty everywhere and according to the chart is on the verge.

Kuryakin

Rising credit card rates, shrinking savings, possible recession. On the top of that, rising wedge structure broken.

Kuryakin

Breaking a trend line, reached previous top. Similar pattern in many charts.

Kuryakin

Breaking a trend line and also reached previous top. (where is always a chance for reversal)

Kuryakin Updated 

Wedge formation pointing up, which is typically signal for drop. Also in key area (previous high) where is potential reverse opportunity. My short target is taking profit at 11950 and later we will see what will happen.

Kuryakin Updated 

According to the current macro environment, and close to the key area, expecting a downside.

Kuryakin

Rejected from upper trendline, 3 waves show a way down, bear flag in play.

Kuryakin

Head and shoulders formation, short started. First target to get out at 12000 and the second at 11800.

Kuryakin

According to the structure, if it’s braking out short position will be opened.

Kuryakin

After a steady rise forming a bull flag, and very likely will continue

Kuryakin

As China50 broke out from a long trend line I just opened a LONG