TommyG1Nonly

TommyG1Nonly

After failing several times to get over the $54 resistance, Oil has broken the upward trendline established in November. Initial support will be at the previous resistance of 51.47, and if that does not hold we could pull back to 200 day MA at 48 or previous uptrendline at 46. The break in the RSI pattern seems to confirm a further downside move.

TommyG1Nonly

Long TQQQ after Russell continues upside move and breaks resistance at 134.95 which is now support.

TommyG1Nonly

Short silver based on continued downward trend channel, support will be on long term up trend line at 14.65.

TommyG1Nonly

Short Russell after negative divergence in the RSI as well as a possible evening star candle formation. Target would be the top line of the previous trading channel.

TommyG1Nonly

Long Silver after divergence in RSI, targeting former upwards long term trendline plus short term downward trendline at $18

TommyG1Nonly

Morningstar candle pattern developing on upwards trendline. Long position with target at 4891.5

TommyG1Nonly

After 15 day post election rally, Russell 2000 should retrace some of the gains with first testing of support at 1300 Fib Retracement level.