PlazoSullivanRocheCapital

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Bullish direction after retracement Recommendation: Confident long Retrace to 14624 or the 61.8 fibonacci level then a skyward push, breaking the bearish 200 EMA. NASDAQ's strength is evident in the increasing VWAP and MFI despite a recent battery of Facebook and other tech stocks MARKET ORDER RULES Market order position upon...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Bullish direction after retracement Recommendation: Confident long BTCUSD will retest 51447 (the 76.8% fibonacci level) then surge up to a first TP target at 57333. If this retrace does not materialize, price may bounce from 53038 or the 50% fibonacci and skyrocket. My basis is that the 2 period RSI on 4H is already below 5 with a...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Bullish direction after retracement Recommendation: Confident long COVID fears depressed the DOW but the bearish 200 period EMA is now being broken. Except the price to retest the 61% fibonacci level (34197) before moving up north to 35025 or the -27 Fibonacci. Note that the 2 period RSI is currently over 95 so the drop is...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Bullish direction after retracement Recommendation: Confident long COVID fears depressed the SP500 but the bearish 200 period EMA is now being broken. Except the price to retest the 61% fibonacci level (2207) before moving up north to 2267 or the -61.8 Fibonacci. MARKET ORDER RULES Market order position upon the confluence of...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Prepare for the sell; then take a long at $2.5 Recommendation: Confident short I purchased Cardano ADA for 90 cents months back. Relentless COVID news on Cardano developments and the upswing of BTC had taken price to 3.0 - a 300% gain for many early buyers. Noob investors continue to rally " to the moon"- but be wary. The crypto...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Prepare for the sell Recommendation: Confident short XRP soared to 1.29 on the daily chart. Most cryptos are following BTC's pump in wake of global uncertainty. This relentless drive north has led to the crypto reaching extremely overbought levels on the Daily and Weekly RSI . The VIX fear index registers extremely low levels...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Prepare for the sell Recommendation: Confident short BTCUSD soared to 46,400 in the wake of global uncertainty. This relentless drive north has led to the crypto reaching extremely overbought levels on the Daily and Weekly RSI. The VIX fear index registers extremely low levels signifying a huge drop in volatility. Wave divergence...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Further losses to 1670 and lower Recommendation: Cautious shorts. Two months ago, I published several analysis pointing at gold's further crash and each drop occurred. Last week's killer crash was expected and the following brought these about: 1. Favorable US job market report. 2. Central banks are musing to raise interest...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Further losses Recommendation: Monday saw the stock market crash 900 points, indices plumment and the DXY soar. Metals have not fared well. Trapped in a range, silver and gold keep edging lower regardless of the fake upbeat news that Kitco tries to paint. Gold will continue to fall as the dollar's bulllish run seeks the 94 level....

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Cross North Beyond the Rubicon Recommendation: Fly the standard of the USD! President Biden's stimulus package raised fears of inflation yet FED pronouncements continue to allay anxiety of an overheated economy. This takes confidence away from safe haven instruments and skyrocketed USD as well as US indices. From a wave...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Hordes of Mordor to Pillage the Castle Recommendation: With the rise of DXY ever closer to the 94 levels as predicted in earlier forecasts, plus the dovish announcements of Powell on fiscal policy, this safe haven castle is set to fall within three weeks. Gold has broken strong structural moats and now spirals into the weekly...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Overextended. Take a short to the 38.2% Fib retrace Recommendation: SP500 is overextended on the daily chart and will need to retrace to at least the 38.2% fib levels before further bullish momentum. Await the bullish impulse to turn bearish then take a high probability short to 4259.6. Monitor price action at this zone as price...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Lurch further to 1723 Recommendation: All previous gold forecasts hit target blow by blow. Now with gold in a range, market makers know that retail traders will expect an upside move. Yes there will be minor retraces up, however this will stop out buyers. Gold will fall further to the -27% fibonacci extension which coincides...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Sell till 24.80 Recommendation: 24.80 is the -27% fibonacci extension in confluence with strong market structure. Market makers will continue to force a consolidation and a drop to the 24.8 levels after stopping out retail traders who think a long is coming. Once market reaches 24.8, price will be forced to its peak once more...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Short to 66.28 Recommendation: Wave analysis is clear: USOIL will drop to 66.28 which is a confluence of strong market structure and the 61.8 fibonacci. Market makers will tease retail traders with a few upswings before a strong down thrust similar to what we have seen on gold last week. Look for sell setups ONLY MARKET ORDER...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Bulls nearly exhausted Recommendation: HK50 bounced like a pinball within a horizontal channel for several weeks. The current bullish run is fueled by the US$579 infrastructure deal. Expect 1 to 2k points higher come last week of June and early July. As the index now approaches the daily and weekly highs with RSI approaching...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Downward strike Recommendation: Notwithstanding DXY's march up, USDJPY persistent upswing is overdue for a correction. The situation is clear on the Monthly chart where the pair had been on an overextended bullish impulse which is also testing a descending channel. Before any further upswing, the correction sees a potential drop...

PlazoSullivanRocheCapital

Multi Timeframe Analysis Hint: Death at at 18,000 Recommendation: The relentless rally of DXY plus the macroeconomic implications of recent crackdowns on BTC compounded with the rise of altcoins sees BTC shedding its parabolic gains. Expect further drops to 32k (the 76% fibonacci) and perhaps to the gutter at 18,000. Once this Titan is buried, then it shall...