ChartFood

ChartFood

I am still bear on Gold unless we break the 1830 level.. Price once again rejected that level and now is sitting on daily support.. That may mean a drop will take a while but looking at the weekly and seeing the 233 sma (red) so far below, its likely. The arrows are pointing to the fibs i believe can get hit the stochastic oscillator are is showing...

ChartFood

A move to 57k then 37k... Subject to change.. I only hoard BTC so this is just a guide for myself. Not financial advice

ChartFood

i see a possible extension to the 272 as the stochastic converges to the upside fib based.

ChartFood

I am leaning more bearish as this divergence plays out but I only accumulate BTC... I expect the 145 fib support we are currently on to put up a good fight.. It is only once that level breaks that I think massive bear volume can come in...

ChartFood

Oscillators a rejecting range with price. Looking at support below. The fact that we are rejected again is worrisome. Could we be heading lower.. Is the fed scaring people?

ChartFood Updated 

I am still bearish on my longer term analysis, but looking at the intraday i see a possible 1810 A falling wedge and exhaustion of selling as we wedge into support. I have pulled a fib retrace from that structure and am targeting the 382. The 618 may get hit but will act as icing on the cake. Also we have divergence on the RSI below. Happy trading.

ChartFood Updated 

I already expressed 1750 as a target but thought maybe we would retest resistance at 1810. Its still possible but I am scraping that idea to make it known I believe lower is likely coming with no retest.. 1750! I have linked my good and bad analysis below Happy Trading

ChartFood

This is a continuation of the analysis I already put out and analysis I gave during the live stream. I think BTC needs a weekly close at 41k level.. Not just a quick wick. I have linked that idea below Thank you

49:46

ChartFood

Brief Charting of the markets

ChartFood

Bitcoin may need to fill in to support again at $41,818 the stochastic is converging down and needs a weekly close and I believe that we may retest support before we head up… also we are just below the 382 support which both need to get back above at 49,570 I have linked some of my good and bad analysis. Happy trading

ChartFood

AMC has broken out of the top wedge of a broadening wedge. Also fib levels of importance have sold off at 382 and 618 levels. I have been consistently bearish on this and am waiting for the clown show to end.

ChartFood

I have lost my bull sentiment for Gold and luckily saw saw the sell off before it happened... I have been bearish for some time now and keep feeling more vindicated in that approach. Next Bear targets for me are 1750, then 1670, and then possibly lower to the 233 (red line) pictured at 1570.. These are just potential targets that If i feel aren't coming I will...

ChartFood

I've been out of $BA since $235 and for good reason. Major fibs are being broken and the trend line fail as well. In addition, you can see how the oscillators are converging to the downside... I see $180 as the price target. Not shorting... Personally, I am waiting for entry. I've linked my past Boeing ideas (bull & bear; right or wrong) to give context to...

ChartFood

This is a pretty simple chart from a fib perspective. I expect DXY to remain slowly moving upward into resistance and will take some time to distribute but the real thing to pay attention to is the fact that their is resistance near. That does not mean we can time the market for when it gets there nor how it reacts. Using this chart as a guide. I have linked...

ChartFood Updated 

I posted a gold idea just now about my bull sentiment and then realized how much resistance is here. I want to clarify where I stand before price moves.. Before bulls have chance to reach bull target the resistance i labeled needs to break. If not, I expect another extension to 1750. Happy trading. Not financial advice.

ChartFood

Im mainly basing this analysis on the stochastic peaking and trying to converge down. This should send price to the green box i have charted. A simple bearish fib extension. I am using heiken ashi only to demonstrate the oscillator's weakness. We are also rejecting the 382 fib and may look for 272 down. I've linked all my Silver bull and bear ideas below.

ChartFood

I expect this dip to be corrective honestly and may be that with bonds breaking to upside will be short lived. We will find out but I believe the 618 is possible.

ChartFood

I dont have the fundamental reason for why bonds are going up but I can report on the technicals. We are breaking the trendline with volume while pushing up off a fib. Also the oscillators look great as well with convergence to the upside. Fed is supposed to taper so I dont know hoe reliable this analysis is. Forgive me.