pacsdude

pacsdude Updated 

Still too early to tell with this pennant that is forming on the 4hr, but it might have potential up to $155. The PA will tell us and it all depends on how this pennant plays out.

pacsdude Updated 

PA Zoomed through the midline of the fork today. Looking for tomorrow to backtest the midline it zoomed through and head up to the upper target area of $15.7. Also, the highest I've seen CCI in a long while (451.5) As long as it stays above its 200DMA of $12.8x, it should be good I think. Be careful if it drops through. Which means, be short SPX of course.

pacsdude Updated 

ETHUSD appears to be breaking out with the bottom of the corrective wave being at $77.x I'm adding more ETH here and looking for new highs

pacsdude Updated 

ETH/USD is still on track it appears with its correction wave. It made a lower low of $77.76 and CCI is currently @ 52, on it's way to the zero line for a cross.

pacsdude Updated 

CL Tagged the midline of the fork early in the AM today. It appears to still be bullish. Thinking it will test the midline again and zoom through it. Tomorrow, may come back and retest the midline of the fork @ $48.2 and head up for a test of the $50.2 area. CCI is still heading toward the zero line for a cross. Thinking this whole drop this morning to was...

pacsdude

CL tested the 25% area of the fork and should now be headed up to the midline (50%) area for a test. CCI is currently at -46 and should start to cross the zero line to continue heading over 100. Should see more bullish continuity during the E I A report tomorrow on 5/10/17 and also on Thursday when the OPEC monthly report is released.

pacsdude Updated 

With the late tag of Wave 3 (top of the green channel) delayed by six months until 1/3/2017 by TPTB, wave 4 could finally be printed on 5/5/17, conveniently while all traders were laying in bed. With wave 4 finally in, we can ride this up to wave 5 @ the $59 area or with increased strength up towards $62 or beyond.

pacsdude Updated 

Another possible opportunity to load up in high 60s or low 70s?