Hit the top Bollinger Band of spx500 in some time now. Check previous market cycles. 63 moving average about to enter the lower Bollinger Band. 2135 is a point of interest. Good acting bullishly at the same time. New York Holiday noted.
www.tradingview.com Bitcoin action. Probable price path given previous patterns.
www.tradingview.com This is what I see as a possible scenario. Moving averages and candle patterns tell the story. Gold seems to confirm this too. VIX has been creeping up as well. I do not trade the indices. If you do, this is perhaps a safe short on SPX. Green box highlights the same pattern. Letters correspond to similar price action as well and...
This chart provides a general view of what gold does right after the new year has started. For the exception of 2013, all new years start with a move up. The dates are marked in yellow vertical lines and the bottom price to the immediate top is in red numbers (1000-1200, example). I have not marked the immediate top as it blocks the important date and start of...
This chart provides probable market behavior given current market behavior, interest rates, and other factors such as presidential elections. www.tradingview.com I am expecting a down turn during the next week which would last until late February and another leg up in SPX until the final move down in August 2017. Trend line colors mark the same conditions...
Patterns form on these charts. We often see them as unique or non repetitive. However, the patterns repeat. Often replicating years old patterns in smaller time frames or much shorter duration of time. I have marked with Fibonacci Time zones special points. The boxes with color represent the same move. Basically, it is a replica. Interesting to note is...
www.tradingview.com This is an 8 hour time frame chart. Possible scenario after failed attempts to move up. The moving averages were left behind, so there is no support to hold the price at higher levels. Currently, the BB bands have been pushing the price down. Today, the BB bands are wide enough to go over the next fib at 1308. We will use the 150ma...
www.tradingview.com Just an update. We are currently using the 200 moving average as support for the new weekly candle. It is also found on daily TF. On 4h, it is the 150 moving average. The results are usually big move up.
www.tradingview.com As the title says. Candles using 150 moving average (yellow) and 200 (black) usually have a significant increase.
www.tradingview.com Continuation of idea... Despite positive GDP, gold continues to move up. Market sentiment low. Targets on right side. TF unknown. Perhaps the wick shows the way... Targets in right side.
www.tradingview.com A convergence of moving averages can be observed in the 4h chart. Gold has often taken off during a convergence. It is not uncommon to receive bad economic data during the convergence. First target 1273. Second target 1300. I will update the idea as we go along.
www.tradingview.com Significant % of institutional shareholders, 79% to be precise.