dougscott174

01:42

dougscott174 Pro+

Gold has had a nice natural pullback to the .618 retrace of last large up move. After the big down day on Mar 9th, she has made three solid Targets down: Target 1965Hit! Target2 1930-1919 Hit! Target3 1895-1879 Hit! Lower support at 1854-1844. I would expect strong support at 1895 and the 50ema, and will trade to the upside above 1895 as per the 60 and 5min...

02:19

dougscott174 Pro+

New position 3/14/22 Short AAPL. LONG 01 Apr 150 put with AAPL at 151. The Monthly chart shows Apple's steep 30deg. ascent since Jan 2019. It kinda looks quite tired and in need of a correction, I'm looking for 126. Then 109. Then 92. That would just be a natural correction from such a steep rise for so...

02:11

dougscott174 Pro+

The Mar 9th AMZN gap will be filled back to a minimum of 2805...probably this week. Just like They filled the gap from Feb 3rd. Just like they filled Google's gap a couple weeks ago. The Banks and Investment Houses missed buying at those prices and want a second shot at it. Just silly little Market Makers games. They then usually bounce it up after the fill. But...

02:41

dougscott174 Pro+

If this is not a Super Cup and Handle... just shoot me. The Short on Thursday night to 1965 Hit! If They bring it a a bit lower, Target2 is 1923 Then 1895-1879. And even down to 1828, and still be Bullish on one of the largest Cup and Handle patterns I've ever seen. Am I just seeing things?? Upside Targets are 2200 and 2466. I'm Trading the 60 and 5min to give me...

01:07

dougscott174 Pro+

Well...I'm off the Gold Bull. Short at least to 1965... Maybe down to 1895 - 1879. Goodluck.

02:06

dougscott174 Pro+

Well...I got bucked off the Crude Bull! As a great boxer once said "No Mas!". Price rejected off 130, the 1.27 Ext. of the larger high to low on the Monthly chart. News of the UAE saying OPEC should pump more, the yield curve doing bad things and stagflation talk... I punched out of Gold and Crude for now to reevaluate. No problem taking nice gains. Steve Wiess on...

00:44

dougscott174 Pro+

If This Ain't A Cup And Handle... I Don"t Know What Is! Could see 2466. You heard it here first!

01:20

dougscott174 Pro+

--UPDATE-- 3/8/2022 Target1 315ish Hit with a low of 318. Next Target2 is 286-276. A normal retracement, while still being bullish on the larger trend, is the .618 retrace of the Mar 2020 low and the Nov 2021 high at 258. That's a good ways to go. They will be selling rallies. Question is...can you ride the Bear? Good Luck.

01:56

dougscott174 Pro+

--UPDATE-- 3/8/22 Added another green checkmark at 131! Next...they will challenge the all-time high from Jul 2008... Target 147ish and beyond. But you will see a bit of a correction at 147. Beware. Big Picture Target 182 if they extend to the 1.27 Fibonacci Ext., which would be the natural thing to do according to the market's structure. Be a...

01:27

dougscott174 Pro+

--UPDATE-- 3/8/2022 Weekly Chart Added another checkmark or two today. Targets 2000 and 2089ish Hit! with a hi of 2079. Could very well have a decent pullback any where around here. Be nimble. But we will see 2089 at some point. Target1 1930 Hit Target2 1957-1966 Hit Next is 2000. Gold's own market structure...

01:37

dougscott174 Pro+

--UPDATE-- 3/4/2022 Target1 315ish Hit with a low of 318. Next Target2 is 286-276. A normal retracement, while still being bullish on the larger trend, is the .618 retrace of the Mar 2020 low and the Nov 2021 high at 258. That's a good ways to go. They will be selling rallies. Question is...can you ride the Bear? Good Luck.

01:24

dougscott174 Pro+

--UPDATE-- 3/4/22 More green checkmarks! Next...they will challenge the all-time high from Jul 2008... Target 147ish and beyond. Big Picture Target 182 if they extend to the 1.27 Fibonacci Ext., which would be the natural thing to do according to the market's structure. Be a Great American...Get LONG on Oil! Goodluck.

01:49

dougscott174 Pro+

--UPDATE-- 3/4/2022 I like putting those little green checkmarks on the charts. Still Bullish on Gold. Target1 1930 Hit Target2 1957-1966 Hit Next is 2000. Gold's own market structure suggests a Big Picture Target of 2200, if it decides to extend the prior range. Good Luck.

04:34

dougscott174 Pro+

Wow...SHORT on the Ruble looks like a no brainer to me. Load up on that and you could come to be as rich as a Russian Oligarch. One can trade it on the Forex. 1. The US and Europe can CRUSH the Russians by stopping the buying of ALL Russian oil/gas and cutting off ALL comercial trade. US and Europe are literally paying the Russians to build up their military...

01:35

dougscott174 Pro+

Target 696-687 Hit with a low of 700 (close enough). Gapped down right to Target then reversed with great viciousness. The Institution's algorithms must have the same Targets as I do. They squeezed the Retail shorts...they have to make money too. That deserves a green check mark! Big Picture Target is 539-523. Good Luck.

01:19

dougscott174 Pro+

Target1 315ish Hit with a low of 318. Next Target2 is 286-276. A normal retracement, while still being bullish on the larger trend, is the .618 retrace of the Mar 2020 low and the Nov 2021 high at 258. That's a good ways to go. They will be selling rallies. Question is...can you ride the Bear? Good Luck.

01:02

dougscott174 Pro+

Target1 411 Hit, and you can see the reaction. Next Target2 393. Big Picture Target 318, the .618 retrace of the Covid Mar 2020 Low to the Jan 2022 Hi. That's just a normal correction in a larger Uptrend. Good Luck.

01:11

dougscott174 Pro+

Target 98-100 Hit. Looking higher... Next Target 115ish. Good Luck.