DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, PROTEOSTASIS THERAPEUTICS, INC. - COMMON STOCK, HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, ISHARES MSCI EMERGING INDEX FUND, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Looking at next weeks opening supply and demand intraday trading lanes. I'll be looking for shorts and longs near the extremes of these zones .
Low risk buying opportunity.
Looking for tops and bottoms is a fools game but I am one. The chart is looking primed here to my eye for a double top.
A few good technical reasons to short Amazon here and with the recent earnings miss support more reasons to questions valuation now.
Looking at Bank of America it's clearly been on a bull run since the elections of last November along with the rest of the financial market. As the Conservatives control congress, optimism may well continue to rule the day.
Price has reached the upper median. Watching for signs of a move back to demand.
After reaching recent highs, gold has turned down into demand. Here we are now seeing price diverge with 7 period rsi. I look for recent highs to be tested soon.
The price of gold is clearly diverging from 7 day RSI as it approaches the upper median of the fork I have drawn. Too, demand is near. I have it in the 1247 price area. It's still early but will be watching candles closely as price enters this price zone.
Oil has already crossed the median of this fork ; so we are late on the trigger here. But, demand has not been met, so shorting throwbacks is still an option in my view till demand is reached.
Thinking out loud with this naked four hour chart. Price has made a second attempt and failed to pass the median of this fork. Potential double top as price diverges from 7 period RSI and tapping into supply at same time. I am looking for price to turn here and reach for demand from below.
With OPEC's recent agreement to cut production, the price of oil 0.86% may be turning the page and this chart confirms it.
Will it continue is anyone's guess but when I began looking for harmonic possibilities this pattern stood out. It plays nice with supply and demand zones and works well with current cycle. Will we be looking at 100 oil 0.86% by next summer? I ...
Looking at this monthly silver chart, I see the potential for a harmonic bat reversal formation . My two targets are 15 and 21.25. Just below previous candle low, I have a stop at 12.80.
No one knows for sure where oil will turn and this chart doesn't claim to know either. We won't know till we start seeing some bullish candles appear on the chart. But with that said, this chart, like so many others, is looking for that turning point. What is shaping up on this monthly chart is a Hybrid bullish bat/alt bat pattern . Not a true bat or alt bat, but ...
Bullish butterfly with rsi divergence
Playing with this chart and taking great liberties. The bullish harmonic at the bottom of the page reminds me of a crossbow, And with this this evening's rise, one might say we have bolt loose heading for the target.
Seeing the potential for a bullish three driver pattern if support holds .
Potential bull 5-0 pattern in progress.
In this chart, I am examining the price action of crude. First we have a bullish harmonic that is not defined. I have added a Fib retrace from point a to d of this harmonic . Next , a bullish wave following the harmonic that terminates at .236 ext. of the fib. Price of crude then falls. Pausing briefly at the uptrend line and eventually breaks that trend line. ...