Discovered a 3 drive pattern supported by supply and demand levels with fibs. Hope this helps
I've charted on a weekly, the major suppy and demand zones to be aware of while trading this stock. I would be looking at an upward trend for this one. Theres a new sheriff in town and he's looking to make the company profitable as opposed to the current model of government sponsored propaganda. He could turn things around. Happy hunting folks
I believe we'll top out this week around 460, i do believe however earnings will be a blood bath to the downside. Their TV's suck so all their money income is heavily relied on by advertising. Which i think is having problems. Thoughts, comment anyone?
Theres a trend with Star Wars movies, can you see it? drop, bounce range! What do you guys think?
DOW Component wont be allowed to fall too much seeing a long opportunity
looking at C.O.T s for the DX Gold and the CAD, as well as the market structure for the DX, CXY and gold....higher probability we ll see the loonie move to the upside stopping at the demand zone before taking the fall which originally I had anticipated
it could bounce off of the trend line and move to the upside, but I think its unlikely we ve had two major moves, but who knows market makers have all the money in the world
these are my projections for the next 5 years on this pair, unless a drastic change in economic policy occurs this is the most likely scenario
here are roughly what I anticipate for the dollar yen pair as you can see projected to 2020
1 its going to retest the high, then start to fall next month, 2 its going to try and tank and continue to confirm where it will tank lower
DXY is at a weekly demand and resistance line, CXY is at a 2 year low just broke little below support, XAU looks like we ll have another push to the upside, however WTI is a little harder to read and the dollar has an inversely proportional relationship to oil lately.In the next few days maybe even tonite we ll see the start of a month long drop to the channel's...
looking at the structure, trader reports, CAD futures, DX and the fed hike...I think whats going to occur is a large spike to the upside followed by a dramatic drop in the USD...we ll see I do really love interest rates, but the USD/CAD is a nightmare....short, long short
as you can see if the dollar takes a dive on the interest rate next week, I speculate we ll have a big rally, before an even bigger tumble to the down side....so short, long then at the end of the year the BIG Short!!!!!!
we got a really nice harmonic pattern on the usd/sek, see a move back to the upside then a big drop
my thoughts are super Thursday, she'll take off like a rocket
C.O.T reports indicate strong money long I say buy and hold all month
I m saying long, but I would still wait until it makes a second bounce to the down side then long