Technical retrace on XBI pop.
If vote does not go through expect a fast drop to trend
Dollar continue to fall
broke wedge support, MA cross, Trump tax reform concerns lead dollar lower
sorry posted a short gold chart in place of ucad
i wouldn't short gold right now given the bearish direction of DXY
UCAD close under 200MA and break of lover support on pennant
long the T baby
look at chart
CVX going to break bull flag on oil run
Ascending traingle and increasing RSI. Weakness in Yen will push Nikkei to test upper resistance.
USDCAD broke bear flag. Expect retrace to previous low or to test downtrend.
Don't Overthink it. Over Supply Continues and Saudis will not compromise to anything unless the Iranians are also on board. And we know what the Iranians are going to do PUMP PUMP PUMP.
Gold hit top trend line and fib extension and now has put in bearish RSI divergence and been posting low volume. Expect a correction to the noted fib levels.
FSLR put in a temp bottom. Catch the .382 retrace to 41
Candle looks very familiar. Top trend hit. RSI overbought.
Prepare for oil bounce. Watch for hit of bottom channel and more weakness in the dollar.
Gold in bullish pennant. News of no rate hike will drive price. Yellen won't move due to brexit and global slowdown fears. SPY becoming over extended. Gains will come out of retail and flock back to safe haven assets as the recent rally corrects.
BioTech looks to be topping out. Bearish RSI divergence signalling potential top. FIb levels for potential reversal points included.
Rising Wedge Formation. Bearish reversal - wait for retest or start scaling into a short gold position.
Gold about to hit top channel. Be ready to short.