Intelligence
Btc Long AnalysisThe Bitcoin long position continues to pay as the Dragon is in full flight (Dragon Analytics). Looking to take some profits at the pitchfork median line (green dotted line) at 1350-1360,I'll keep a runner and wait for another buying opp. Support remains at 1300. Good trading and remember to follow the plan, even if it means losses. Small losses lead to big gains.
Silver analysisAs the santa claus rally takes the major indexes toward record highs as well as low Vix, gold and silver are in an expected retreat. The Dragon has formed a perfect Dragon's eye formation into neutral territory. Look for consolidation around the pitchfork median lines (red and green dotted lines until a new trend is formed. Downside risk should be placed at $15 (support) and upside target at $20 (resistance). There will be plenty of opportunities to trade the precious metals in the coming year, no doubt. Happy holidays and good trading.
TRUMP Victory-Calling all Hedge Funds - LMT to the Moon-FusionThis is mostly technical analysis based on projected world events.
LMT is a great company period. When it comes to business, if APPL was run like LMT, APPL would be much better than what it is today.
Why?
1) World conflict will intensify - and be dragged on.
2) Fusion reactor will be deploy-able around the continental US in 2020 ( thu this is a rough prediction as GT can not pinpoint the exact date just yet, the date will be a business model driven decision - 80%)
Lockheed Martin is run like a well built machine, aside N. Fusion this company is developing A.I. that is not just impressive, but,.... . And other units are a prime example(like its biological) of how well this company is doing.
TRUMP will increase spending with this corporation.
To the moon Alice!
Silver Long Trade setting upSilver had formed a perfect Dragon Eye in the Dragon Analytics system. Wait for the current retrace to end. Long trade will be triggered by a break above the Dragons head (yellow dotted line) to retest the upward pitchfork (green line ) at $20.50. Don't chase the trade. As long as the market continues to rally, Gold and silver will test lower levels. Good trading.
Btc confirms break outAccording to the Dragon Analytics system, Btc has confirmed a break above the ocean floor and is officially on a bull run. Set your stop at a break of the surface at 660, resistance at 731 (red Line), target at 777 (green line) but the Dragon is in flight until further notice. Good trading!
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AMZN Analysis, Dragons eye formingGreat Long trade. Good time to take some profits as the Dragons eye is now forming (break below the yellow average). Let this play out until we retest the surface (red line, shaded area) or reverse higher and break above the head. In case the market sells off, 700-650 is the short. Good trading!
Crude Analysis (no pun intended)The Dragon is technically still in the belly (bearish trend), although a break above the ocean's surface will become a strong bullish signal. As long as the upward pitchfork (green) holds, stay long and enjoy the ride. Short term resistance at $52. Risk management is critical as always, but the Dragon Analytics System and pitchfork fibs provide clear and manageable levels. Good trading!
USD testing critical support levelA test and break of the 94 level will be very negative for the USD, perhaps the beginning of the move to 80-84. In the Dragon Analytics system, the oceans surface, represented by the red line and blue shaded area are high probability bearish patterns. Good trading!
Crude oil doesn't disappointIf you've been in on this move to the $48 level (green pitchfork, dashed gree line), don't be afraid to take some profits and wait for the next move to $50+. As long as the price holds (we don't pierce the Dragons head (yellow dotted Moving line)), the bulls are in control. Good trading
Long Crude TradeAs long as the downward pitchfork (red) failure holds, $58 crude in play, resistance at $54. Stop @ 46.79 for low risk (approx $1.10) trade. Good trading from MarketIntell.net
Copper futures ominous signal for equity marketsA break below 2.06 signals more downside potential for the equity indexes. Keep your powder dry until the market comes to you, but the Dragon is definitely seeking the ocean floor. resistance at 2.15. Technical Analysis by MarketIntell.net, home of the Dragon Analytics trading system and the Market Intelligence Service. Good Trading.