Fractal777

Fractal777

Hope your holidays were great and wishing you a better 2021 The year ended with the Dow higher and ignoring the fake news. A new "president" is supposed to present this month...perhaps we will get a surprise. 20/1/2021...they use numbers and dates. A trigger is coming for sure...2020 was not random. Deception get easier with every passing week...sheeple are...

Fractal777

The Dow broke it's wedge decisively and then reversed completely. "News" of a mutated virus sent a mini panic in markets to flush out and grab the booty. Today's action or agenda is very likely a forewarning of whats coming in the media outlets in the next days and weeks. Opinions vary on this so called pandemic..convincing the sheeple they need a vaccine is...

Fractal777

Back in February 2009 I was given Bitcoin at 50 cents as the masses were licking their wounds after the 2008 slaughter. Few had heard of this digital cash, today it's still not accepted widely thanks to the banking system cabal. When the bubble hit $1000 there were cries of bursting..same at $2000...yawn. Today after years of naysayers still knocking this...

Fractal777

The Dow edges higher towards it's conclusion. A reluctance to rally with conviction the past three weeks. This with internals showing divergences is not ideal for the bulls. Almost as if waiting for a catalyst to break down...will give this a matter of a few weeks. Trade the wedge and watch for the break. On a side note: has anybody had problems with their paper...

Fractal777

Silver today has had a good day and the 4hr chart displays sone very interesting technical data. We have seen five touches on the upper trend line...this line is super critical. Look closely and we have confirmation of a buy signal on the 4hr with a green closing candle just above the line and the next candle touching kiss back. Once more buyers recognise the...

Fractal777

The Dow has gapped higher in the futures and threatens the top trendline with a breakout. Pretty convincing wedge pattern....there is a staleness though in real buying support for weeks. Either a breakout or breakdown? Traders work with probability and back in 2019 we said that 2020 would be the year of all things. Around 80/90% chance of the correct call and it...

Fractal777

The Dow has made no net gain since the 9th Nov top as the squeeze continues. Grinding into an ascending wedge...waiting for it's next morphine hit or catalyst excuse to sell off. This pattern is usually bullish but divergences are appearing. Perhaps our Santa rally was the election....something eerie in the making now. The two trend lines are critical no doubt,...

Fractal777

Silver has confirmed the perfect symmetrical channel again today. This upper trend line is significant! Any candle close above this line, will trigger a bigger move and rush into long positions. We also have to be mindful of today's touch and rejection....so what's next? Being a precious metal bull has my hopes of a punch through and resume the longer term...

Fractal777

Thanks for reading my idea. An ascending wedge has formed in the Dow which is bullish, however the rally looks to be tiring with lower volume and breadth. This is concerning in that prices have gone sideways to slightly up for three weeks and with a backdrop of negative news building...my bullish theme has diminished. Seems the market is waiting for a catalyst...

Fractal777

Thanks for taking the time to read my idea, please thumbs up. The Dow pulled back today but clearly found support on the trend line. Bearish bets will again prove hopeless against a sea of bullish mania. Wave 3 up is about to take off...bet against this at your peril. If the bulls are deluded for 10 years, what does that make the bears look like? It's extremely...

Fractal777

Thanks for reading my idea, your support is appreciated..please thumbs up! Markets refuse to correct meaningfully and the long side is smarter. If trading for 10 years with no bias makes profit...what does that make the bears look and feel like today?...they are either simply NOT trading or sustained catastrophic losses betting against a bull market that is not...

Fractal777

Thanks for reading my idea, your support is appreciated! Gold and silver have been sold off with "vaccine" news again this week. So we now are saved and the worst is over for the economy and populace....no need to own God's money! Back in 2009 there was no virus as precious metals soared the next few years because of central bank printing...it's obvious the...

Fractal777

Thanks for reading my idea, your support is appreciated! The Dow has formed what I call a U bend pattern. Typically these are bullish developments...the candles previously have been weaker selling than anticipated and we closed our short yesterday. We expect a surge move upwards this week on higher volume and breadth. New highs are very likely. Good Trading

Fractal777 Updated 

Thanks for reading my idea, your support is appreciated! The Dow has breached the lower trendline and this is our short signal or close longs. Reversals like this can be swift...longs will fuel the sell side. Always surprises waiting. Good Trading

Fractal777

Thanks for reading my idea, your support is appreciated! The Dow is squeezing upwards into an ascending triangle...breakout is coming. This is usually bullish in continuation but we have to be careful and any close through the lower trend line will cancel any longs. Back in late 2019 we were told 2020 would be "The year of all things"...it has happened. The...

Fractal777

Thanks for reading my idea, your support is appreciated! The Dow likely finished its small wave 2 down and we closed our small short at profit again. Breaking the trendline today and testing back confirms the next move up. This rally coud be 6000 points!...a blowoff acceleration. Some are very bullish for 2021 because you just have to be in the market with such...

Fractal777 Updated 

Thanks for reading my idea, your support is appreciated! The Dow has soared 4000 points from its low!....and the economy is broken. We are in Wave C up and likely completed minor wave 1 with minor wave 2 down in progress. Today was the first proper break of our trendline...what surprise for Friday 13th? My longs are closed and taking a small short on this so...

Fractal777

Thanks for reading my idea, your support is appreciated! Silver was hammered today on vaccine "news"..just impeccable timing on the election result rally of course. These raids present even better price opportunity before the coming rally. You can bet the farm they do not want you in precious metals and will throw a spanner into the mix just when things look...