Neilsh

Neilsh Updated 

Money supply or credit creation always peaks prior to a Recession. Please see charts for information

Neilsh Updated 

Last weeks Weekly Doji Candle close was a sign that that market was turning from Bullish to Bearish. The market has since broken down from its 7 week Bull run. Chinas economic news of its possible recession will send Brent lower. I'll be looking to open a short position. At the moment I'm just waiting patiently to see what happens. I'll post updates here as...

Neilsh Updated 

After a 2 month consolidation and accumulation phase (04may-11Jul) and also after breaking various bearish trendlines since the Mar 2022 top Brent Oil has broken upwards to $81.49 this week. I believe Brent Oil will retest the support area around $77-78 over the next week or 2. I'll be looking for entries in the $78 price area for a long to $86-88...

Neilsh Updated 

I'm Bullish and long Brent oil. Pls see chart for visual explanation of idea. I'll be posting updates with entry areas as we have break outs, so keep checking in here.

Neilsh Updated 

I'm waiting for a small retrace to enter. I will close the Long at Resistance around $80. I'm bullish on Brent to go further but I will wait for confirmation with brake out of area resistance and break out of down trend line above the area for another Long.

Neilsh Updated 

A negative 10-2 spread has predicted every recession from 1955, but has occurred 6-24 months before the recession occurring, and is thus seen as a far-leading indicator.

Neilsh

Hi All, I'm looking for a short term Long to resistance at $12870 I think we will get a bit of sideways action on Monday as Liquidity enters the market and most likely by Tuesday morning Japan Open 10am AEST we should have an indication of market direction. Over the coming months I think we will see price returning to the $11000 region. I'll keep this Idea...

Neilsh Updated 

I am looking for a Higher low at support $1735 or Double bottom at $1683 and break out of Channel Down for a Long Position. I am Shorting until such a reaction happens I feel like Gold will range between $2070 and $1681. This is a massive area but considering the market reaction from both price values it seems unlikely to go lower or higher in the near future this year.

Neilsh

NASDAQ to $7600? Looking at the GFC the drop was a 54% loss of the total market value. A 54% drop from ATH now would align with the most major recent Market structure from AUG 2018- APR 2020. Fibonacci levels align with market structure also. Its all very subjective but just an idea of the possible end point of the bear market.

Neilsh Updated 

Please See chart for description. Add your thoughts please!

Neilsh Updated 

Nasdax at possible break out point, there are a few trends to break but it has had a little consolidation on the 50% Fib which is measured from march 2020 to Ath. It has broken a local trend and now is right at another trend line so I will be watching it today and early next week for a long position.

Neilsh Updated 

Gold has broken upwards from a bearish channel and has successfully retested structure shortly before close of trading last week. Gold has set a higher high and higher low on the 4Hr timeframe after quickly touching a long term trend line from March 2020.

Neilsh Updated 

Gold is at a strong Monthly close level of support, 4th touch of ascending trendline and setting Higher highs Higher lows on the Daily timeframe. Higher than expected levels of inflation seem to be the norm and we are all experiencing that so early next week I will be looking for a Bullish breakout and retest of the 1810 level to long Gold. Please see supporting...

Neilsh Updated 

As you can see on the Monthly chart we are at a strong support level of high volume and also the rising lower trendline support. I will be looking for Longs from current support. Pls see 4hr chart below. I will be looking for a break out of the descending trendline resistance. With confirmation like a double bottom or retest of broken resistance level to go long.

Neilsh Updated 

Gold is at a strong Monthly close level of support, 4th touch of ascending trendline and setting Higher highs Higher lows on the Daily timeframe. Higher than expected levels of inflation seem to be the norm and we are all experiencing that so early next week I will be looking for a Bullish breakout and retest of the 1810 level to long Gold. Please see supporting...

Neilsh Updated 

Massive 13 yr trend line broken. Retest of Value Area for long term hold.

Neilsh Updated 

Hi all, S&P is showing signs of reversal. It is moving within a ascending wedge clearly seen on the Daily chart and we possibly have a Gravestone Doji candle forming on the Weekly.. both suggesting a reversal is coming. I will be looking for a breakdown below 1D and 1W ATH candle close level and then shorting the retest of said level.

Neilsh

The USA Feds printing press or credit supply machine of money supply is an incredible chart... wish I could have been long on that one!!! Like looking at BTC on a 1W chart that thing mooned hard! But like BTC we know it rockets up but also it returns to its mean.. usually an 80% drop from ATH. I'm not saying the money supply will be cut by 80% but with such an...