Multi
The Case for a Multi-Year Bull Market ContinuationWas the last 17 months a breakout consolidation with a new multi-year Bull Market to follow? The DJI chart examines the previous multi-year Bear Markets with initial breakout consolidation and ensuing Bull Markets. Similar market structure is now in place for the Bull Market to continue. Time will give us the answer.
Contrast Weekly vs Daily Timeframe OBV and RSI indicate a possible bounce to the upside. Keep eye on intraday for continuation downward or break to the upside. If you wanna play both sides a straddle or strangle option strategy two or three months out might be ideal. For a one sided trade check OTM (out-the-money) contracts and the Vol in the options contracts relative to the strike price before purchase - 220 and 125 or 200 and 140 strike price might be ideal. Also don't wait to long to purchases options contract, because as directional price movement becomes more apparent and as Implied Volatility creeps up the more expensive the options become.
A Healthy Dose of Doom and GloomKeep away from sidewalks under windows.
MACD:
RSI:
Will the monster eat you too?
Additional Time Frame overlay
Different time frames can be selected via controls
study("Add TimeFrame", shorttitle="TF Layer", overlay=true)
res = input("240", type=resolution)
o = security(tickerid, res, open)
h = security(tickerid, res, high)
l = security(tickerid, res, low)
c = security(tickerid, res, close)
col = c >= o ? lime : red
plotcandle(o,h,l,c, color=col)
pennies to thousands gold and silver mining candidatebreaking out of narrow base see our chart patterns in our book same name on amazon
percent r and cci good
money flow strong
above weekly cloud
daily cloud rising
pennies to thousands solar candidateon hourly coming out of cloud
money flow excellent see our book on price and volume rules
macd crossing
watch for exit at daily cloud see our exit strategy in our book have 40 years of trading experience
pennies to thousands oil and gas candidatemacd crossing get our book to know when to cut small losses and let winners run after you take your money off table
relative strength strong above cloud
cci and percent r upper range see why that is important in our book
we are looking for multi baggers
pennies to thousands consumer candidatecandlestick has long wick wait for good candle to enter last time ran 3 days
read our book on amazon on entry and stop loss points
bollinger bands widening
mad strong
relative strength strong
watch money flow
pennies to thousands silver mining candidatemoney flow rising -waiting for opening confirmation bar
get our book on amazon for entry and exit rules with stop loss parameters
j hook pattern
relative strength good
macd crossed
cci and percent r in upper ranges
good pattern
above weekly cloud
pennies to thousands coming out of cloud biotechcoming out of daily cloud
above weekly cloud
get our book on amazon about the importance of clouds
macd crossed
money flow strong
relative strength good
cci and percent r good
coverage initiated by fbr capital
pennies to thousands long on weak dayvolume good
macd crossed
cci and percent r good band
money flow good
relative strength good
pennies to thousands candidateran big last time
above cloud
j hook see our book on patterns
cmf strong
cci and percent r
macd crossing
cci strong
brazil gold and uranium long term playprobably pull back to cloud then take off
get our book on playing fib pullbacks on amazon
management owns 25 percent
no debt lots of cash
projects in safe areas
Silver starting wave 5 on a multi year timeframeHi Folks and Fawks,
Many of you noticed the gold breakout of its downtrend last month, while near future still is bearish on gold, the long term projection is extremely bullish.
Looking at the Gold/Silver Price Ratio we see that the ratio is at the 80x level, this was the top in 2003 and in 2008 before the infemous pice of $48. while silver price is staying a little behind on gold this can be explained.
we could see $18 silver this week
Last week silver opened at 15.195 high 15.565 low 14.785
and after the drop following the US labor figures silver closed (just barely) above the extended lower trendline (15-12-2015 - 29-02-2016) there will be some resistance at the $18.40 level
The current gold silver ratio is 81x
weekly fundamentals:
- India (worlds 2nd largest silver importer) jewellery shops and establishments (incl. bullion markets) are shut since March 2 after finance minister Arun Jaitley announced one per cent excise duty on non-silver jewellery.
weekly technicals:
- Two weeks ago we closed with a Engulfing Bearish candle. this followed on a monthly Bullish Engulfing candle (Nov).
another event to follow closely, the shanghai gold exchange Yuan-Gold Fix (april 19th).
i will continue to update this idea on a weekly basis.
this posting is not a signal to buy or sell now, always find your perfect entry on a lower timeframe.
pennies to thousands oil and gas playabove daily and weekly cloud
get our book on cloud importance on amazon same name
macd crossing
relative strength good
money flow growing
cci and percent r at top
pennies to thousands bandwidth playshould close above 200 day ma
good entry after pullback
get our entry points in our book pennies to thousands on amazon
macd crossed
relative strength good
disruptor technology
long base
weekly cloud narrowing
pennies to thousands biotech candidateabove cloud good base get our book on patterns we like on amazon
immunotherapy play
lots of net cash
relative strength good
in development with merk
beaten down now with good technicals
pennies to thousands candidategood long base
get our book on amazon same name for pattern identification
macd crossed
cmf is excellent
relative strength good
cci and percent r at top
watch for weekly cloud above at 4
pennies to thousands candidatedoji then gap up turbo signal
get our book that talk good sognals on amazon
money flow good
relative strength good
above cloud and ma
good volume
