HMM bottom of the channel provides a low risk opportunity to long. A break lower is 1204. I am expecting a big rise in price into next week. (or a big down move) bias is long. Either way a big move is money to be made.
As we have a bullish astro for gold upon us. Will the planets reward us yet again?
I noticed price made a huge decline in price then based to blast off to our current levels the last astro phase.
Price has had a nice decline after completing a nice ABC into a P/phase change. Coincidence?
I am watching for signs of momo/trend change to confirm my analysis of ...
Was watching this channel last week. It was respected. I presume the bulls will continue to treat the bottom as support.
I suspect higher price into Nov.
1.Price still below 200ma
2.(Tight range below important fibo level)
3.Price has been at the bottom of the uptrend channel for 7 days now.(support found?)
4.Asia Markets on the road to bottoming?(could be bad ...
I expect news about the trade war to
drop soon. Looking at the DOW is KEY for this theory.(To see who is buying the dow is important) I suspect ranging for the next couple months testing the bottom and pivot top.
SPX -A channel check?
Most major Asian stocks are down 40-75% from all time highs.(also KEY)
Showing the strength of the Us vs the world.Where is the ...
Oil -0.21% bearish .
Looking like a classic wave structure on the wave down. Market structure on the left shows us a mirror wave up.
High risk option trades are very risky. DO not trade if you are new.