gghsusa

gghsusa Updated 

Boring chart that is unlikely to raise an eyebrow. But it is interesting. Look at these long term logarithmic trends going all the way back 100+ years. Also take note of the 'crack' in the wavetrend indicator

gghsusa Updated 

$gdx $gdxj $nugt $jnug $jdst $dust $slv $gld I'm bullish on hard assets- watching for possible leg down. A higher high will invalidate this.

gghsusa Updated 

$uso $usoil $dwt $uwt $gush If you're selling, someone is buying. Buy fear, sell/short greed. This is fear and capitulation. Consider where oil is historically and aim big. I've been waiting on this move for years.

gghsusa Updated 

CCL is historically cheap today. This could be a great long term winner.

gghsusa Updated 

Buy cheap. Sell expensive. Buy fear. Sell/short greed. I don't have an established trend here but I like energy long term. Now let's hope that ETF's don't collapse.

gghsusa Updated 

I believe the miners are undervalued and stand to do well moving forward. Gold and silver have shown their stability through history and remain solid in my opinion. I see a lot of potential in the miners. (renko blocks are not playable so I'l have to post updates below)

gghsusa Updated 

I've never traded airline stocks. I like AAL here though-seeing a potential broadening formation. I might consider a small position and set a target for that unfilled gap. Longer term, airline stocks appear cheap right now although I'm not ready to turn bullish on them yet. I'm just not that familiar with them.. but this looks like it has good potential.

gghsusa Updated 

miners have re-entered my "I'm interested" zone. I think 2020-2021 has very good things ahead for the miners and the things they mine exciting $nugt $dust $gdx $gdxj $jnug $jdst sorry for the ugly chart

gghsusa Updated 

I like Chesapeake energy for the longer term investment. Energy has been lagging compared to other sectors over the last few years and there is tremendous potential in good energy companies. CHK is historically cheap and could do very well if energy takes off. However, I suspect more pain ahead for oil with the potential for an enormous flush.. perhaps below...

gghsusa Updated 

I'd be cautious on nflx here. In my opinion it looks 70% likely to drop lower from this trend. It can break above and go up up but I'm not optimistic. Look at my weekly chart on next post to understand my bearish slant.

gghsusa Updated 

$spy $dji $spxs $spxl $qqq $iwm I am a stubborn man and I remain extremely bearish on the market.. now more than ever. eye on that volume. I think we're in a rolling topping pattern.. it could stay in this range longer than I expect but I do not think we're going to have another 2017 run straight up.. Economic data I predict will soon display a slowing. There's...

gghsusa Updated 

Slow & boring-just what the fed ordered (or printed). Our manufacturing data may be in the dumps but we're sure good at manufacturing lies and artificial markets. Volatility coiling up-watch for possible wave to (D) before retracement/sideways movement to (E). I want a solid test of upper trend line-Vix could blow through the roof or coil up for months until after...

gghsusa Updated 

I lost my original chart on this so I'm publishing this one- I'll publish updates in tradingview going forward. Just an interesting comparison and similar pattern in the Dow Jones Industrial average from the 1960's-70's vs. the DOW today. We are at a similar place at the #5 count. I'm just dying to know if this is a real breakout or just a fakeout. I've been of...

gghsusa Updated 

I like Ford but I don't really like it-yet. Longer term, yes. It's been in a major decline since 2013 with volume trending upward (top indicator). Historically, this has been good. Watch for divergence in volume/price that could create a substantial drop prior to such a big run. Possible harmonic xabcd gartley(ish) pattern in there? Ford at sub 6 sounds too good...

gghsusa Updated 

I'm not going to share my opinion any more, lol- aapl just goes up but I suspect the market is about to price in some coming uncertainty. Be smart

gghsusa Updated 

This pattern is considered a bearish pattern but wildly bullish while within the pattern because of the incline. Eventually, this pattern will break but we could see a spike before that happens. Most broadening patterns end at #6 with a big bounce and abrupt crash. My count may be off and perhaps we haven't even reached a #5 yet. That would indicate more...

gghsusa Updated 

I believe X to be near completion of bottoming pattern-possible drop lower so I'm hedged with a few puts but building longer term bull position- looks really good in my opinion. The top indicator is volume.. historically significant.

gghsusa Updated 

Volume spike very likely soon! Trend has been:VOLUME UP=PRICES DOWN. Watch for initial divergence where IWM could spike before correction. Eyes on that volume! This is not necessarily a good place to go long on IWM but it certainly could make a strong move up before any correction. I am positioned mostly short on market but I've had a small "long" hedge in IWM...