PeterLBrandt

PeterLBrandt

Institutions are now involved in Bitcoin -- they were not in the 2017s Institutions mark the value of their assets on a monthly basis Bitcoin -- if the current gains hold through the end of October -- will post the second highest monthly close in history.

PeterLBrandt

A multi-year ascending triangle has been completed, with markets all the way up to 30,000. This is a major bull market. Purchases at a retest level of 15,000 are recommended.

PeterLBrandt

The Nifty is now pressing up against resistance as represented by the upper boundary of a rising wedge and the Aug 2019 low. The Nifty is on my radar for a short trade with over-weighted leverage. In order for me to establish a short position it will be important for the advance to stall out in the 10,600 zone and push sideways for a week or two. A close above...

PeterLBrandt

The Factor Weekend Rule, modified from the Richard Donchian Weekend Rule, specifies that a market making a new annual high, especially a new ATH, coming into a three-day weekend, has a 70% chance of a strong follow through early in the next trading week. The reasoning behind this is that only strong hands will hold and margin a position over a three day period.

PeterLBrandt

A number of Euro stock indexes are forming horn or sloping top patterns.

PeterLBrandt

This is a classic H&S bottom pattern. GBPNZD cross could be sleeper trend of 2015

PeterLBrandt

$ZS_F H&S top.