Bottomed out and going to rally. Expecting heavy dollar weakness in near term.
Pressure is piling up! Watch out because dollar is going to crash! Going to take global stocks with it.
This is how i see it will end. Same kind of end like we had in 2008 crash. Going to be at least -60% crash. Expecting the peak to happen in september and then start the free fall.
GDXJ reached the bottom? It looks really good on weekly chart. It made new lows couple weeks a go and at the same time both MACD and RSI made higher lows. At the same time we have had huge volume spikes.
Markets are waiting the last nail in to the coffin. We have had huge turbulence in the air since last summer. Feels like traders are squeezing the last drop out of the bull market but just it keeps dropping. It's just a matter of time when we will start the free fall. MACD already falling and MA's dangerously in one pile close to each other. Last time when we fell...
Gold ready to skyrocket from these levels. Perfect setup to start the year and the first trading days have been awesome. Falling trendline hammered late 2014, fresh one year highs made in first trading days, MA's all turning to point up and MACD in positive levels.
Dollar index is hitting its long trendline. If it cant break the line we may see major collapse on stock markets on global scale. If we break the line we are going to see huge gains on stocks. Watch it closely.
Silver broke its falling trendline in mid June. It has stayed above the line since then. Looks like this may be the final kissing to say goodbye for the falling trendline. If we drop back below the line we may visit the 15$ level. If we stay up and prices start to rise we can then announce that it's a beginning of a fresh bull market. Next couple of weeks will...
Very long view on GER30 starting from late 1992. We have had 3 bullmarkets and 3 bearmarkets. Looks like we are finishing the 4th bullmarket and starting a new bearmarket. MACD is in historically high levels and topping out. RSI have made lower high like it did in end of bullmarkets in 2007 and 2011. We may also see SHS top like we did in 2011. 'll see what Draghi...
Crude oil heading lower, but how low? Late 2008 style crash? Will stocks follow? Only time will tell.
Looks like we had double top in GER30/GoldEUR and we are heading lower. So this means that it is time to change your GER stocks to gold. See MACD turning lower and candles hitting below MA65 and soon below MA89. Europe is really in trouble and ukraine crisis is not going to cheer up europe economy.
Looks like JPN225 is making a SHS formation and we are headed to move lower?
Correction time for GER30. Chart have made higher high while RSI made lower high. Chart is also closing MA65 with big red candles. MACD turning to negative and RSI falling sharply. Trading floors are shaking in Europe.
Looks like major correction is on its way. We have turned below MA65 with big red candles. MACD is also turning to negative levels and RSI have been falling sharply lower.
Possible buying opportunity also in USDDKK. MACD turned positive. RSI looking bullish and MA65 broken.
Possible buying opportunity if we break above MA65 and MA89 levels. MACD turning to positive levels and RSI looking bullish.
SPDR S&P Homebuilders have started to roll lower. MACD already negative and we are below MA65 and MA89. RSI also looks bearish.
Those who have been waiting a buying opportunity on gold should continue to wait for a while. We did break MA65 early July but that break didn't last. Now we need to watch what will happen with our MACD in coming weeks. We are still in positive levels but it may not last. If it turns to negative we may see gold in 1000$. Also need to watch closely what happens in...