Fibonacci_Technician

Fibonacci_Technician

Chart reflects a symmetrical triangle reversal pattern. Long-term general outlook - natural gas up, gold down.

Fibonacci_Technician

Bear in mind that this is subjective. The chart is an attempt to identify a peak/trough cycle and highlight where price is currently.

Fibonacci_Technician

Crude oil (CL) is in a 15 year old declining wedge / pennant approaching top trend. Will it break out above this time or make another trip down to bottom trend first?

Fibonacci_Technician

From a purely technical perspective, a lot of similarities leading up to the 1929 crash.

Fibonacci_Technician

The S&P 500 is at a major, major inflection point.

Fibonacci_Technician

Rinse and repeat. This will be chart 1 of 4 or 5. Lots of technical dynamics in play. I will post the other "layers" shortly.

Fibonacci_Technician

Lower indicators suggest major top late August / early September with price weakening ensuing.

Fibonacci_Technician

From a purely technical perspective the longer term setup suggests a reversal is already in play. Lower indicators suggest a breakdown from strength in 2011 and has been backtesting the major 2013 breakdown from a position of weakness since. The bell has been rung, time to shimmy back down the rope.

Fibonacci_Technician

The DXY, in relation to the long-term 28 day chart, is approaching a major squeeze setup.

Fibonacci_Technician

The $NG daily has been doing battle with the 50dsma for 8 months. The falling wedge is about to explode to the upside.

Fibonacci_Technician

#SQID is comprised of equal parts $SPY, $QQQ, $IWM & $DIA. An averaged overview of the major US equity markets.

Fibonacci_Technician

Generally considered a reversal pattern, a classic diamond top is currently playing out on the gold 60 minute chart.

Fibonacci_Technician

The natural gas daily has been unsuccessfully trying to beat the 50dsma for 5 months now. A gap up may be needed to beat the 50 and the falling wedge.

Fibonacci_Technician

The gold 60m looks to be building a diamond top reversal pattern. Just a possibility to consider.

Fibonacci_Technician

Gold has had an amazing run, but technicals suggest a pause is in order.

Fibonacci_Technician

History/technicals suggest reversal upcoming.

Fibonacci_Technician

Gold 3 day chart at top of ascending channel and at the intersection of horizontal resistance channel.

Fibonacci_Technician

BYND 120m linear scale.