Gann Box
KAT - is she landing on her feet?KAT - is she landing on her feet? Watch for more bullish news from the universe coming soon...
Gann Box and MACD AnalysisTSX:PEY appeared on my screener for a MACD crossover play. I applied Gann box and it looks like we are coming up on a critical point with the potential for the move upwards.
I have shown the 48 Day periods which is part of Gann's 192-day cycle to see if there are any points of reversals and it lines up pretty nicely. It appears that we just passed a 48 Day point and have consolidated until we reach that critical angle. We have reached the 15-Day mark after the spring equinox which Gann identifies as an important date to look for.
Looking at the chart above we can see that it's primed for a breakout based on the following reasons:
We are not only at the 52-Week Low but it also just peaked out of the Wave Trend "Buy" zone;
ADX value of 25 confirms the trend is strong;
Stoch and RSI are both low enough to still jump in the trend;
MACD crossover confirms entry.
What are your thoughts?
VFF continues to fallExpecting a further drop in pricing. Gann forecasting strengthens my opinion. What are your thoughts?
CLM2019 Potential Fade CLM9 and oil in general has gone up almost 50% since bottoming after the severe selloff. The upcoming weeks upside should be approached with caution as there is an increased risk of exposure reduction from buyers, which is expected to manifest itself in a potential pullback of 200+ ticks.
Is it possible that the SPX might just hit 1535?
In my opinion this is a very good possibility. We might just be in the early stages of a recession and the market is letting us know that it is not liking what it sees coming.
Lots of investors have been overlooking all the bad data and indicators. But to tell you the truth, this does not surprise me at all, considering they did the same exact thing right before the 2008 crash.
I see a lot of volatility in the market in the next few months to come, with a potential crash sometime during the end of the summer and beginning of fall.
Let’s hope that I am wrong for the sake of the middle class!
Crypto is where I will be putting my money
The Day of reckoning is here for the MarketS&P500 hit peek yesterday, I don't know what the Feds are going to say or do, but whatever it is, the markets are not going to like it because we are headed to new lows ladies and gentlemen. Hold on to your panties, this might get DUMPY!
MKRUSD - Time for a stable dollar Major top at: 2750.11
Light blue horizontal lines are your targets.
1.1520 in targetIt feels that the dollar is losing steam and the three drives pattern could push the price back into the 1.15x area.
Trading Plan:
Long, entry 1.1320-1.1370, TP1: 1.1405, TP2: 1.1470, TP3: 1.1520
Short (high risk), entry 1.1400-1.1420, TP: 1.1378
USOIL Top Of 30M Range Oil has been trading within the highlighted range after it had achieved an extension to around 161.80% of the previous swing. Looking for limit sell setups on pops seems reasonable.
SPX 3.11.19 - Gann Square & Fib Long-Term Mean Reversion For education and/or entertainment purposes only - amateur chartist playing with new tools
IOCUSD | D | 3 GANN BOX SETUPI/O coin look to be ready for a nice pump! Long live IOC!!
Cheers,
Keops
LTCUSD | 1H | GANN/PHI BOX SETUPNew experimental setup, another potential up move before cool-off.. enjoy!
Cheers,
Keops
CLJ2019's Anticipated Range This is a 10H chart of CLJ2019, which will be trading until it expires the 20th of March. The Gann Box tool is squared to the high & low range of this contract; from the 7601 peak to the 4300 bottom. There are also the 45º and 15º angle lines coming from various highs and/or lows. As shown in the chart, the oil price is currently approaching the 150 day EMA, it has increased from the 4300 low by a third and the 1/3rd area coincides with 150 day EMA.., and all this is happening after it saw a record breaking plunge of ≈45% from its 7601 peak. Traders who held short risk exposure through that 33%+ rise from the low are likely to take profits at these levels. The reducing of short risk exposure is anticipated to manifest itself in a minor pullback of 200+ ticks at least. Shorting the pops seems to be the reasonable approach from here. The risk factor for short entries is $1.3K (130 ticks) per contract with a potential of 2R return for risk.
