Yogigolf

Yogigolf

Looks like the Sanku (3 gap ups) pattern is playing out indicating exhausted bulls. This patterns ends at a ideal point completing a Bearish Shark Harmonic pattern as well as put in some bearish divergence on the RSI. This potential top here also has amazing resemblance to the double top in 2008 which the fractal is in green.

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Gold still continues to be bullish on the long term time frame, fractals seem to be playing out quite accurately since my Nov idea. This is also very similar price action to the 2000-2011 run which is drawn in green. Gold is already at ATH in many other currencies which supports there could be a lot more upside. Will also be keeping a close eye on the...

Yogigolf

Noticed this large head and shoulders pattern forming in crude oil. With breaking a recent support level, trend on the log chart, and 200wma if the downtrend continues for the next couple week the H&S pattern will be complete.

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Nice looking falling wedge. Target previous gap down price from early 2019.

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Looks like S&P is consolidating in a bearish cypher pattern

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Looking at the current consolidation of DJI/XAUUSD it could be forming a falling wedge but if the falling wedge fails a bearish pattern would be likely to form. Short term certainly favors gold over the DJI so we will see if it stays within the wedge or falls below the green line to set the larger trend. The current shorter term trend should provide confirmation...

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Based on the first part of this correction these are the levels I'm looking at. See how it goes next week!

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Reached the top channel, expecting the trend to break as early as next week followed by a big sell off. Looks to be following the fractal I identified back in July with some slight adjustments.

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Interesting relationship between XLY and XLK, the current under performance XLY compared to XLK may be a signal of a market top. Ratio & RSI are at levels not seen since the peek of 2008.

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Looking at the big picture for USDCAD this current falling wedge could be helping form the right shoulder of a inverse H&S within a large cup and handle. A breakout could be followed by a fairly large move.

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Nice little breakout and channel continuation, weekly stoch still has lots of room left in trend.

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Looks like this could be the breakout of a big consolidation...

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IFF looks like its rolling over, similar pattern as 1984 to 2000. Might correlate with the S&P based on history.

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2019 rally has a similar structure to the period from 2003-2009. At a fib zone right now and testing this megaphone pattern. Interesting pattern to keep at eye on the target would be the gap from NOV 2016 when Trump was elected. As the rally from his election was largely based on the earnings boost from the corporate tax cuts it would make sense if the market...

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Looks like this rising wedge should resolve soon. Target is 294 a previously important breakout area.

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The DJI has broken its uptrend relative to gold, has started creating lower highs and is about to break the 200 wma.

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AAPL is way below its average dividend yield due to the sharp increase in price, this usually coincides with tops. The 150 WMA is typically a long term support while AAPL continues its long term uptrend. Based on the current momentum I pulled 2 similar fractals. There are also some fib extensions at 287. Looks like the eventual target could be in the 170-190 range

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Very clean breakout and consolidation above the previous highs, some nice fib extensions around $2300 as a target. Potential support resistance within the broadening wedge.