


Do you think this bounce will stick? This is happening at the same time as DXY 50% fib retrace
Is that a reversal hammer? Sure seems like it. We'll know tomorrow!
Good look for #zinc, consolidating just under recent resist (blue) and weekly EMA30. A break past that (plus completed back test) would be good confirmation of a {stage2} breakout.
This heavily pumped stock suffered a colossal double top, after hitting that big 4.618 extension. See my recent BRW.v chart for a similar set up.
Possible double top ingredients in place. See me EMO.v chart
if a double-bottom was to happen, it would begin here.
Given the number of red days in a row here, I think that it's probable to assume that a {double-bottom} may provide a bounce to reverse the trend. If it fails, then one could look for placing a bid at around the $9 mark. $lun.to
$mai.v: it's a cute little start. I like it. Yes, a cute little start.
$gato.to looking good, now back above weekly EMA30. Price bounced last week at a point that was a previous resist. Super bullish if it makes a sideways bull flag here.
not a big fan of the engulfed candle on Friday, but the big local horizontal support hasn't broken yet.
I just love this chart. Look how each capitulation event is met with max pain for the bears the very next day, many times in a row along that rising support line. Selling volume is waning. Looks set for a probable breakout past 72 cents next time.
The #bitcoin to #ethereum ratio has been building a {stage 1} bottom for 2.5 years. What do you think happens to all the bitcoins and sh#tcoins when purple pivotal line gives way? Looks soon.
if this new smaller channel breaks, 5.5-6% is in play, as it's really open sky.
dxy looks close to closing at a lower-low in this ongoing down-trend. The last coffin nail was Nov 2022 when EMA30 was crossed. Everything else is noise.
Weekly log chart, adjusted for weekly closes. There's a pretty big channel, that much is obvious. if the back test holds, it could be epic.
Lots of cycle analysts are looking for a low in July now, but I don't see anything broken yet. Silver took 4 trading days to resolve past weekly EMA30 after the Fibonacci 61.8% retrace. Keep in mind this is only the most recent price action-bounce that I'm comparing.
$mdi.to: will this bounce hold? Q4 earnings and fiscal 2023 is on Tuesday June 13th next week, and the have been very busy last year.
AMEX:COPX clearing weekly EMA30 today (needs a weekly close) and pausing just under the recent downtrend with a bullish looking candle IMO. Could be a nice move tomorrow.