BOCA : Strong uptrendBOCA: resistance 44-45
support 40
support 1 37
support 2 34
overall bullish and strong for 44-48-52.
Boca
BTC 15M SCALING %7.8BTC in zone to operate channel, for the moment entering the lateral zone waiting for confirmation of breakout, be attentive to supports
Balance on Capital Account - An Extreme ReversalBOCA is simply the sum of the surpluses or deficits of net non-produced, non-financial assets, and net capital transfers.
These components make up the BOP or Balance of Payments.
The Chart clearly illustrates the dramatic Collapse... An important indicator which has proceeded prior corrections in
the Equity Complex.
The warning signs for a large retracement, it will no be the far larger correction ahead, but an intermediate term
correction. This will provide an entry opportunity off the lows for a final rally to new all time highs.
Patience will provide, Opportunities are quite rich for both the decline and reversal.
The ROC in BOCA/BOP illustrates the writing on the wall. It is best to consider these movements as a precursor to
an "Event"...
The same pattern has repeated at important junctures prior to the corrections.
The Divergences we've discussed over the past 7 weeks continue to compound, ignoring these...
Ends badly.
- HK
