Trend is up. Or is it? Market has the potential to rally into the trade-signing next week, but there are some omens and clouds that leaves the precise judgement of such hard to tell. Nevertheless, Apple is poised to correct.
Weed business seems to be characterized by over-establishment and overhype. I think the market for consumers is way over-estimated and at competing low margins showing off net losses and is financed by risk-willing equity, the result is a period of consolidation. The ones benefiting are Shorters, company top-management and lawyers. The losers are...
Experimental chart to follow potential long-term resistance points in time
Complex cycle research with mean estimated highs and lows. PRICE will deviate.
Gold has performed weak post FOMC. Weekly trend is pointing down and daily is about to turn. Lots of things on the lips of the public these days. FED printing, FED repo operations etc etc etc. Lots of fundamental reasons for why gold should skyrocket. I turn off all opinions and just trade what the cycles tell me to do. I started building short position - slowly...
Sometimes when you work too fast, you do errors in calculations. I always re-check before entering trades, and this time I wanted to take a second look at Shop. I think it is likely with trend continuance towards its next quarterly report.
We should approach the cycle low... Either it is printed today, 12th, or, as I have as main expectation - 13th or just over the weekend.
ROKU has to go to the penalty box for a while. Trend is down till end of September/start of October.
Juniors have been disappointing to many. "How come gold make new highs while miners are not"? Well, at least the juniors can go back to old highs. Just to test the water, no? Lets try.