skrotkalle

skrotkalle Updated 

DAX daily, looks like a SELL now, cornered up rising wedge... futures over night, also show it now, before Europe opens... Apple announced a profit warning some hours ago, no surprice, do to lockdown in China jan/febr.... Bear dvg in several indicators, in higher TF...

skrotkalle Updated 

Brent oil has turned to downside, have to monitor it's path down... Bear dvg in all 3 indicators, in 30min. Can brent reach down to low 53 ?

skrotkalle Updated 

SPX 2h, possible ending wave 5 up in this wedge now ? Still possible for an overshoot >> 3400 (like an magnet), and then quick drop, from there, but we don't know yet, if and why it should happen. Wait for those first reactions, and then move for a position. China-virus-fear, will beat any repo now... my belief. Bear dvg also in several TF's now, in this...

skrotkalle Updated 

Silver 4h, inverse HS, is very likely now, w guidance in chart. RS (right shoulder) building, could be the next movement. If RS will not become as deep as LS, that's a bullish sign, and we should expect a break up above, a move >> 5 , which will be wave (1), and then a down to retest of neckline = (2). And from there a good run >> (3) (top). IF, RS seems to...

skrotkalle Updated 

SPX daily , a wild guess to predict the future, and a try to wave-count.... I'm no expert, but one has to try once and a while. Perhaps the "repo-injection" (FED), still works some more days, into early in february ?? Who knows when this don't work so good more ? China-virus (SAR ?) is well known now, and will develop w more deaths every day, + perhaps air-traffic...

skrotkalle Updated 

I could be announcing it as a shorting-strategy, but I will more use neutral, b.c. my indicators are not showing any bear divergence yet, like we have in silver weekly. It's more the formation and a try to wave-label it.... but also here I'm not 100% sure if it's correct yet. So a lot uncertainty right now.... and the US-indices marked also is at a high and...

skrotkalle

This is not a prediction, it's first of most, an observation of a possible bigger triangle-/wedge-formation in weekly Silver. Price has now reached almost at a fib 0.382 level... If this triangle become valid, downside is the direction to look for.... In all 3 indicators, we have first a hidden bear divergence, and then last 2 tops now, has bear divergence in this...

skrotkalle Updated 

I'm not 100% for sure on this, but i feel I miss a wave 4 here, before it meet that down trendline (black dotted). RSI is high here, ca 83 in this 4h chart now. Wave 4 could be a retest of a neckline for a possible invert HS too. We try it, and see if any of this will come true.... I'm no expert in wave-counting, have just tried to use mye best knowledge so far....

skrotkalle Updated 

SPX compared to DAX and EUR/USD (Recession signs).... it seems like EU (Europe) as total, is already in a recession-situation for last 1-2 years (from early in 2018), and EU-data also have showed this last years. SPX is at highs, that can be at a resistance-level.... But we have to see more PA during next weeks & months now, those next candles. Upper trendline...

skrotkalle Updated 

If I got it correct with wave 3 finished ?, then down > retesting 11500ish in wave 4 (it could go some lower, but...), and a last try for higher prices in wave 5 >> 11700ish . I will more call this like a guessing for now , for coming price movement. Don't bet on it, make sure u have u'r own analyze too, that will be u'r own reason for what u do in u'r trading.

skrotkalle Updated 

Posible doble bottom w bull dvg in rsi + (maybe) macd in this 2h-chart. Macd in this 2h has crossed down at 0-line, this has to cross back up above again, for any significant rising to happen. One fib is at 1.618 at this bottom, and a bigger fib 0.5 (the hole move up from bottom in 2018), is also around here. It's at the bottom in a rising channel. Cross our...

skrotkalle Updated 

SHORT only belove 2586 or a overshoot >> 2588 ? , and then down again) Stoploss 2590 Safer trade could be , wait it out a little more, below 2587

skrotkalle Updated 

Watch if DAX 1.10% has a top here at 12924, based on break formation. If it should break up above 12925, then we have to take another view too.....

skrotkalle Updated 

UKoil 60min, doble/triple top, FLAT BEAR DVG, short-possibillity. But wait for confirmation down, maybe under that red VWAP-line If it break's up above $56, then I don't know, if this idea is that good any further.... So it could be smart to look for what those next candle's become, b.c. oil look bullish in this upmove.

skrotkalle Updated 

SPX 1h , BEAR DVG, Fake break up big resistance 236xish ? Maybe down in triangel again, down retest Ichimokucloud 235xish... ?

skrotkalle Updated 

EURUSD 2h, BULL DVG , some upside from 1,065xx (FIB 0,618) Pitchfork , price on the red line again. Made some clone-boxes. Let's see if it get's up in the upper box, and establishes it there again , or not.... That's one of main focus, can it get back up again.... ? We do also have a trendline, that are at some lower level >>> 1,060ish , watch if that is the real...

skrotkalle Updated 

Have not picked out an excact top-level, but one should watch carefully next weeks and months. Could be more volatile , and with that high 2401, it was over 200 points down to MA200. With this long pitchfork, it put the long stretch in a good view here.... Good Luck !

skrotkalle Updated 

DAX 30min, BEAR DVG, maybe down to break-up-level 122260 ? It's a strong uptrend, but will this DVG, change to some down again ? This is maybe not a higly good R/R ? , but will watch those next candles, look for more signs.