franky

franky

I think EthUSD will reach the bottom line of the channel before flying agin

franky

After we reach that top around 5000-6000, the next movement should be down towards 1900 (wave IV). MACD is confirming the wave 5 reaching the top. Let's see in the coming months

franky

The main count is bullish and gold is prepared to breakout the downtrend line coming from the record highs in 2011

franky

gdx is prepared for the next big movement

franky

My former chart about gold failed to hold price in ~1200 area. I'm fairly sure the yellow trendline will hold the price now. In addition, 1122 is 100% extension of a of (2), great point to finish 'c' of (2). Let's see in the next weeks ...

franky

It seems all is prepared in precious metals for the next big movent in the following months. Below red line, 2015 lows will probably be visited again

franky

ibex forecast long term

franky

It seems gold is about starting wave 3 in my main count

franky

I've changed my main count giving wave as finished in January. It seems all is prepared for wave 3 of 1. It may be a deeper wave 2 can be seen, but it's not my preferred way. The solution in next weeks ....

franky

Copper seems to be reaching a critical point for the long term. I've updated my former chart giving as finished the drop (main count). In alternate count could be a final drop til ~1600 but I think the price is not going to go down the longterm trendline, so my main count is bullish

franky

FCX is starting vth wave down for the next 2-3 months to new lows. After that, new up long term trend should begin

franky

It should be topping just in this point reaching important resistance and tendence line (red lines), so, the most probably way is starting vth wave down. But if up acceleration occurs from this point I'll have to review the waves count

franky

It seems we are preparing for un up movement in volatility, minimum target retracement 23% = ending point former wave 4th

franky

It seems LMI is not going too far in this 5th wave. If so, retracement more probably is 50% (ending point former 4th wave)

franky

it seems is ending its long drop (as other metals) and preparing for a strong up movement

franky

After a multiyear drop, is the moment to begin the up movement

franky

drop target about 2.80, then new long term uptrend

franky

preparing for strong wave 3, starting late May (i hope)