PD_Capital

PD_Capital

All Canadian banks show similar patterns. Downtrend over the last 2+ years. Broke support to the downside last March leaving a decent size gap. Bounce over the last few weeks to cover the gap and fail at previous support, now resistance. going down imo.

PD_Capital

Unlike US indices, European stocks hit a perfect Fib level and will likely head lower in the next few weeks.

PD_Capital

Bitcoin unlikely to break to the upside for now and more likely to test the bottom of the triangle once again.

PD_Capital

Gold’s move is looking tired. Currently overbought and with diverging RSI’s. Could be facing a decent pullback from current levels. Makes sense as we are unlikely to see consumer inflation for a while and real rates remain high.

PD_Capital

Usdmxn retraced right to the box. Next leg up to new highs is coming!