PeterLBrandt

PeterLBrandt

Parabolic advances have characterized the history of Bitcoin. It now appears that another parabolic advance has begun. Support should exist on any substantial decline back toward the parabolic curve.

PeterLBrandt

Institutions are now involved in Bitcoin -- they were not in the 2017s Institutions mark the value of their assets on a monthly basis Bitcoin -- if the current gains hold through the end of October -- will post the second highest monthly close in history.

PeterLBrandt

A multi-year ascending triangle has been completed, with markets all the way up to 30,000. This is a major bull market. Purchases at a retest level of 15,000 are recommended.

PeterLBrandt

The Nifty is now pressing up against resistance as represented by the upper boundary of a rising wedge and the Aug 2019 low. The Nifty is on my radar for a short trade with over-weighted leverage. In order for me to establish a short position it will be important for the advance to stall out in the 10,600 zone and push sideways for a week or two. A close above...

PeterLBrandt

The Factor Weekend Rule, modified from the Richard Donchian Weekend Rule, specifies that a market making a new annual high, especially a new ATH, coming into a three-day weekend, has a 70% chance of a strong follow through early in the next trading week. The reasoning behind this is that only strong hands will hold and margin a position over a three day period.

PeterLBrandt

A number of Euro stock indexes are forming horn or sloping top patterns.

PeterLBrandt

This is a classic H&S bottom pattern. GBPNZD cross could be sleeper trend of 2015

PeterLBrandt

$ZS_F H&S top.