All things come to an end. GM laying off employees, companies cutting back resources, media keeping news of real estate foreclosures quiet. It's time to wake up. This is a good visual of what's happening in the macro markets.
Wyckoff labelled and Gann notable date coming up.
My Gann 20 year cycle is saying february we should see supply.
Confluence with my fib extension and my gann fan that I have back tested.
Pending buy $71/barrel
Watch for supply at $100/barrel
Close trade Q1 2019 when you see breakdown or heavy supply
Fundamental correlation: When the US economy is in a bull market oil rises.
Economic explanation: USD...
Just noticed Turkish Lira may be topping out. Volume saying institutional money is selling off positions. I marked off wyckoff distribution elements that have been printed thus far.
Also a 180 degree dual square is showing up as a time wall as per 20 year cycle. (Approx 3650 days from August 2008 bottom).
Targets are posted on chart:
The only thing I am...
As a commodities trader I watch all markets and understand the correlations.This year's main theme is USD strength and US Index strength, oil will go up as the US economy is booming; Subsequently gold is the inverse of a booming economy (gold will go down).
COT reports (committment of traders from CFTC) are showing many investment banks are short on gold and...
Aurora is ready to fly. Looking to reach $25 ($25.67 precisely) by Q1 2019. Its the 1x1 Gann level for this shorter term trend.
Signs of strength have showed up past few weeks and a buy is in play.
If you understand wyckoff labeling this This is the last point to buy before she takes off.
Gann Time Vibrations also listed on chart. Im suspecting a market top on...
10 year cycle not over yet. Looking at 3350 Pts as main target.
Larger scope shows hidden bull divergence a breakout to a next impulse leg.
Ascending triangle has showed up which is great for trend continuation.
KST about to cross bullish
RSI still above 50
Behavior past few weeks is likely reaccumulation.
Dates to watch Feb 1 , 2019 June 1 2019, August 1 2020
UCAD is still very bullish.
Expect to see a 7 wave WXY correction. (Double ABC)
It will fall hard one last time before institutions pump up the price to the 1.30s +
Wait first and Buy in the green box.
Swing trade opportunity.
Looks like BTC is baiting people to buy it overpriced.
Oscillators and VSA indicating selling behavior by institutional money.
Once institutions sell off expect bitcoin to fall below $6000
TDI says hidden bearish divergence
Volume bars says Selloff
VSA market structure says BTC is in distribution mode (aka smart money selling to the FOMOs at...
UJ suspected in Phase B of accumulation
Spring has been triggered below 618 by 50 pips which is reasonable
Expecting reversal from lack of weak hands this week
Targets posted on chart
Green boxes are buys
Red box is a sell
I suspect UJ is in phase B of accumulation for the markup phase of Volume spread analysis.
I have see mass buying on the lows past few days indicating banks have been using bad news to buy for cheap.
Banks are getting ready to Launch UJ.
UJ has broken the .618 but thats is expected for a wykoff spring.
Both short and long term targets on chart. FX:USDJPY