solitude79

solitude79

The way up is blocked, the way down is open. This concurs with weekly analysis

solitude79

Loss of support is clear. Below targets are active.

solitude79

Weekly chart. Price has broken below channel support and the RSI as well.

solitude79 Updated 

The support is clearly vital and we have RD+ as well. Well worth a buy with a short stop This is the same chart in Daily

solitude79 Updated 

These is the long-term weekly chart of WTI. We can see price is holding near a very strong support level but has not quite touched it. RSI analysis tells us we can have one more leg down, but if not and the price holds we can say we have hit the bottom and price will rise gradually.

solitude79 Updated 

While the momentum is bullish, clearly the resistance is too strong to break out from without minimal correction at least

solitude79

Bulls should hold this line or else. Simple and deadly.

solitude79

I don't know about the fundamentals but the technical prospect looks grim enough

solitude79

This renko chart shows an interesting perspective I think. Strong resistance is noted

solitude79

Clinging to support but it wont last I believe. Retrace is inevitable

solitude79

At least 28.9 will be hit. 28.9 to 30 is an extremely strong zone.

solitude79 Updated 

Possible sharp down move before bouncing up and attacking 1948 in 12-15 hours

solitude79

The boundaries of the playing field has been set... This week is crucial for Gold. Either we will see price hit 1890 or this week's low will be the bottom of the swing for the price. Tolerance= 1 week (candle) For the sellers, 1945-1948 will be of special importance.

solitude79

Price will try to maneuver to reach this point in XY coordinates

solitude79

Breakout from channel and mid-channel resistance. Target is clear in the picture (red zone) but even though it is a huge resistance I suspect price is planning to rush through it with a news break or something like that and then retrace to it.

solitude79

This is from my previous idea originally about US Oil .I mentioned this pattern in my live stream and it can be shaping up to start down now

solitude79

This is a trimonthly (MN3) chart of DJI. Including 125 years of history, ALL that we have of it. It has taken DJI 35 years to reach this giant resistance. From the mid-channel in 1988. The divergence and weakening of momentum is obvious. This is a closer look: I don't see how it can cross this resistance before falling a great distance down. It is not...

solitude79 Updated 

There is a lot of resistance over the price and the way down is almost open.