Crush_Spread
Ticker AMEX:DBA may have completed a rising wedge with a price objective of 25.37
Gold may be forming a bullish flag which has the price objective of $354.34. Additionally the anti-American policies enacted by Trump should continue to support bullish Gold market AMEX:GLD COMEX:GC1!
NASDAQ:IBIT and COINBASE:BTCUSD have completed double bottoms. The first price target for IBIT is 56.9 with 63.37 also being a new all time high possibility
Trump’s disastrous right-wing policies continue to wreak havoc, with the latest victim being AMEX:XLC $XLC. His reckless tariff strategy is proving to be one of the greatest self-inflicted economic blunders in American history, harming industries, investors, and consumers alike. These tariffs have weakened the economy, disrupted markets, and imposed unnecessary...
Silver has been consolidating near its February 2021 highs for 8 months. Multiple patterns occurred within this range but most failed (see previous posts). A breakout of a symmetrical triangle appears to be occurring tomorrow, 3/12. A small position was initiated today, and a daily close above 30.30 would be the spot to add more. Price objectives include 31.4...
CME_MINI:ES1! NYSE:ES and AMEX:SPY are completing a rectangle top with a close in the SPY below 572.85. Price target is 552.01 in AMEX:SPY
Sugar is breaking out of a 58 day Head and Shoulders bottom. Price Targe is 12.53 AMEX:CANE ICEUS:SB1!
Communications ETF broke out of a bull flag this week with a price objective of $110.94. AMEX:XLC
Double bottom has completed within a broadening wedge in Utilities. Pattern length was 28 days. Price objective are 80.49 and 82 AMEX:XLU
Silver broke out of a bullish head and shoulders on 10/18/24. This ended up failing and instead was forming the head of a bearish head and shoulders top. The first short entry was the gap down on 12/12/24, the 2nd short was on 12/18. Price objectives are: 24.97 and 23.43 AMEX:SLV COMEX:SI1!
Corn experienced a failed bearish symmetrical triangle breakout to the downside. It is now rallying towards bullish head and shoulders breakout
Weekly IBKR:USDCAD Head and Shoulders breakout on a weekly scale.
A trade above 1.40210 would complete the head and shoulders pattern with a a price objective of 1.46417 IBKR:USDCAD
AMEX:VAW completed a rectangle pattern and is breaking out
IBKR:EURUSD is on the cusps of a head and shoulders breakout with a price objective of 1.1267