www.tradingview.com /BeHuSv7x/ The tobacco group has gotten nailed the last 12 plus months and has seen a test of major support lines and zones. Huge inventories are flipping at these areas as expected. Both sporting 4.25% plus dividend yields and slowly positioning themselves into the Marijuana business. Liking the risk vs reward with tight stops at the...
Seasonality should kick into effect in may/june for a nice pullback to the long term trend line ..just in time for bulls to give up. Dollar should be supported as tax cuts, buybacks and all the repatriation of money makes the US look strong on a sugar 0.50% high for a few weeks..after such..we shall see. Evidence will present itself in time...good luck Feel free...
Gold seasonality should kick into effect in may/june for a nice pullback to the long term trend line..just in time for bulls to give up. Dollar should be supported as tax cuts, buybacks and all the repatriation of money makes the US look strong on a sugar high for a few weeks..after such..we shall see. Evidence will present itself in time...good luck
10 week consolidation period with floor being ironed out over and over. Look below and fail this week triggered by feds shook the weak hands and the MM got their fill. Both down trend lines have been broken. Time for the Mark up phase. 1st inventory zones above 1340, then 1360..then likely higher highs as it's been in 2016/2017 following run up in dec/jan of...
Every dec/jan run had a consolidation move that was followed by higher highs since bull market resumed in late 2015. Keep in mind probabilities say higher highs to come...when? No one knows. Catalyst can come out of nowhere
Sitting at mid term support, showing long term trend line just below here. Start accumulation but know the trend line is in play and the better spot to FULL load. Don't let this opp pass you buy. I usually hate silver, but she's showing signs of real potential. JPM loading another 1.2m ounces this week, why cause they expect it lower in time?
If miners are the leverage play on gold and golds about to tank then why is someone have/been setting the floor on gdx for a long time....selling puts at the lows has paid handsomely and soon we'll find out if the buying is real.
Look above and fail at 1340, buy the Cohen rumor sell the news. Keep eye on the 1317 area 618 retrace, inventory zone, and swing zone.
too fast too furious...which idiots were shorting dollar on the hedalines at the lows...dumb money..now they get purged before lower
wouldn't say bearish just needs a rest. Let dollar pop off monthly support zones and we should be good
booked some gains or sold some calls and waiting for the feds come wednesday.....think the trade still ok..watch the channel and fibs for extremes/bear traps/look below and fails
Channeling up...break out and you got game to 13's
MM sold and letting it drift higher...in time the short makes sense
wait for range lows. This isn't going anywhere fast