Krumples

Krumples

Silver has been consolidating near its February 2021 highs for 8 months. Multiple patterns occurred within this range but most failed (see previous posts). A breakout of a symmetrical triangle appears to be occurring tomorrow, 3/12. A small position was initiated today, and a daily close above 30.30 would be the spot to add more. Price objectives include 31.4...

Krumples

CME_MINI:ES1! NYSE:ES and AMEX:SPY are completing a rectangle top with a close in the SPY below 572.85. Price target is 552.01 in AMEX:SPY

Krumples

Sugar is breaking out of a 58 day Head and Shoulders bottom. Price Targe is 12.53 AMEX:CANE ICEUS:SB1!

Krumples

Communications ETF broke out of a bull flag this week with a price objective of $110.94. AMEX:XLC

Krumples

Double bottom has completed within a broadening wedge in Utilities. Pattern length was 28 days. Price objective are 80.49 and 82 AMEX:XLU

Krumples

Silver broke out of a bullish head and shoulders on 10/18/24. This ended up failing and instead was forming the head of a bearish head and shoulders top. The first short entry was the gap down on 12/12/24, the 2nd short was on 12/18. Price objectives are: 24.97 and 23.43 AMEX:SLV COMEX:SI1!

Krumples

Corn experienced a failed bearish symmetrical triangle breakout to the downside. It is now rallying towards bullish head and shoulders breakout

Krumples

Weekly IBKR:USDCAD Head and Shoulders breakout on a weekly scale.

Krumples

A trade above 1.40210 would complete the head and shoulders pattern with a a price objective of 1.46417 IBKR:USDCAD

Krumples

AMEX:VAW completed a rectangle pattern and is breaking out

Krumples

IBKR:EURUSD is on the cusps of a head and shoulders breakout with a price objective of 1.1267