HectorPerezTapia

HectorPerezTapia

After a H&S not breaking down, a (continuation) triangle maybe is forming for another upward leg (possible 5th wave with in commodities and metals is usually longer than the third wave)

HectorPerezTapia

Breakthrough or breakdown?

HectorPerezTapia

This index just trigered a triple death cross signal (10 SMA under 50 SMA under 200 SMA). The triple cross has happened at the same time (very unusual). Wait and see with a bearish bias until proven wrong. To be noted that the Russell 2000 index usually warns ahead of troubles in the big cap indexes.

HectorPerezTapia

Not the most clear figure you can draw but it could be seen in the chart. If it plays out, could be leading gold price to the 1400-1415 zone in the short term. Potential rebound for a 5th wave up above 1600.

HectorPerezTapia

Dos triángulos simétricos (de largo y corto plazo) a punto de llegar al APEX. Posible ruptura al alza o a la baja. Vigilar. Two simetric triangles (short and long term) on the verge of reaching the APEX. Possible breakout or breakdown. Watch out.

HectorPerezTapia

Simmetrical triangle on the verge of coming to the apex.