inverse head in shoulder upside in platinum spotted? potential upside target to 1500 range by way of measure move. #platinum
Looking for reversal potentially after capitulatory gap up on election and vaccine news. Looking for confirmation of pattern by selling in following weeks to months. Target would be 10-20% lower.
Energy as measured in XLE could be creating a base and or accumulation support. Energy is one of the worst performing sectors this years. there is still serious risk while oil prices remain pressured lower and could still get worse for energy if we see further decline. disclosure: I am long using long term deep in the money options 9-12 months out.
Bearish macd divergence in euro weekly chart. has been in uptrend almost of all of 2017, can it continue? In my opinion, I favor downside on a trade when macd signals that momentum of a trend is changing or diverging. Its not 100% but definitely better than 50% odd in a shift or pause, again in my opinion and past experiences. We shall soon see.
CBOT:ZN1! bonds are getting beat up and oversold. the world money system is based on these bonds as collateral, so unless the world will fall apart in turmoil, we must assume that investors will still be interested in lending to the US and buy bonds when oversold. I am specifically interested in the 10 year instead of the 5 year note or long term 20-30yr bond....