A few weeks ago i was like oil will hit $90.. ive been so bullish but now im starting to think there might be a crash instead. This makes me think the bottom is close considering i was bullish until now and am considering flipping, you know what i mean? However, that monthly candle closed ugly. Its either noise or a signal of more bearishness. Lets see.
When gold rallied a few years back support was up to 30% above the weekly 200 EMA. Today gold is also rallying and for now its only about 18% above the EMA. So you could argue it isnt overbought until it gets to >30% above the 200 EMA on the weekly.
Just drew what came to mind. Lets see how it plays out. Have a nice day.
The trend angles are getting steeper and its detaching itself from the EMA. You be the judge-
A crazy prediction based on the quarterly chart :) Lets see if it holds.
The VIX is teasing a break of horizontal support. Lets see if it holds.
This is a classic pattern. Lets see if it comes true.
the channel is too long its going to break soon. obviously it wont break up the price would have done it by now then. But lets see.
support moving up at a quick pace but price is not yet budging. perhaps it will soon realise and move up? time will tell
Wondering whats gonna happen next. Maybe there are some clues out there.
This is an annoying bitcoin chart lets see how it plays out. Have a nice day.
quick oil chart. lets see what happens. good luck all
Gold stuff :) Just an idea. Its basically the 3rd one in a row thats bullish on gold. I cant help it. Fingers crossed. Good luck!