tonchinomics

tonchinomics Updated 

ETFS WTI CRUDE OIL Major Trend remains DOWN but it maybe poised to breakout 2-year channel. A channel breakout would catapult it to $14.

tonchinomics Updated 

Dow Jones Major Trend remains UP despite current bearish descending triangle. A break down of the triangle could bring the Dow close to 20,000. The TONCHIMETER will lead the way. TONCHIMETER gets you in major trends UP or DOWN.

tonchinomics Updated 

GOLD Major Trend Up If GOLD breaks out the Ascending Triangle then the measured move would be near 1610.98

tonchinomics Updated 

AAPL Major Trend remains UP but wait for Japanese candlestick pattern to develop to give clues of potential reversal

tonchinomics Updated 

WTI CRUDE OIL MAJOR TREND UP with inverse head and shoulder measured move target of around $92

tonchinomics Updated 

FREEPORT-MCMORAN MAJOR TREND DOWN for now but approaching 7 year and 7 month long term downtrend line. A breakout of this longterm downtrend line could create a MAJOR TREND UP.

tonchinomics Updated 

BHP BILLITON MAJOR TREND UP

tonchinomics Updated 

RIO TINTO MAJOR TREND UP with measured move target of 70...

tonchinomics Updated 

MAJOR TREND DOWN but may TURN UP if 4 year triangle pattern breaks out. IF so then 35 possible initial target

tonchinomics Updated 

SPDR GOLD TRUST MAJOR TREND UP watch for triangle breakout or breakdown

tonchinomics Updated 

TESLA INC MAJOR TREND DOWN but could be consolidating only

tonchinomics Updated 

SONY CORP MAJOR TREND UP and looking very healthy

tonchinomics Updated 

BITCOIN MAJOR TREND UP wait for bottoming pattern. Re-tracement has been more than half($9946) of peak $19891 to trough of $1. Watch if current breakdown of $6,000 support at low of $5,755 is a false breakdown. TONCHIMETER will lead the way.

tonchinomics Updated 

MAJOR TREND DOWN BUT MAY TREND UP SOON IF 9 YEAR AND 8 MONTH SYMMETRICAL TRIANGLE PATTERN BREAKS OUT

tonchinomics Updated 

SHCOMP MAJOR TREND DOWN breakdown point 2628.338

tonchinomics Updated 

TONCHIMETER: MAJOR TREND still DOWN but if inverse head and shoulder confirmed by 2 consecutive white candles plus a break out of neckline then GE may turn bullish. I like recovery stories...

tonchinomics Updated 

SHANGHAI CLASS A MAJOR TREND DOWN breakdown point 2776.755

tonchinomics Updated 

COPPER MAJOR TREND UP