Woerle

Woerle

RUT has created an interesting daily price chart: 1. it shows a pole/flag pattern with a potential to move another step upwards - but how much? 2. it shows an inverted Shoulder-Head-Shoulder pattern, which points to a potential move - eventually erractic ? - towards 2100 points. 3. the cyclical pattern let us expect a feelable trough only towards end of...

Woerle

There is an interesting relationship between VIX and Treasuries in an inverse movement to each other as I published in August 2023 already. It seems there will be a touching point very soon, which means interest rates will rise again (for what ever reason ! ) and VIX will go up. I'm looking for the VIX low towards end of November, i.e. peaking of the S&P 500 and...

Woerle

As expected, the upward move has occured and will most likely fail at a level of 4560, which is a resistance level in the RENKO chart as well as in the weekly and daily Fib-Extension levels (shown as a yellow bar). From a cyclical perspective we enter a period of high risk of a deeper reversal (shaded in yellow) and a weak market until mid of October 2023. As VIX...

Woerle

Traders have been hit on the wrong foot with the unexpected deeper technical correction and the general mood is changing therefore. Currently, indicators are showing over-sold conditions and we should allow price to reverse to the upside technically from a level of approx. 4330. Nevertheless, cyclically, we enter a cycle trough into end September/mid...

Woerle

A lot of traders are positioned on the long side in treasuries, betting on FED to reduce rates soon (extreme volumes of call options in the market) - to me a total illusion ! ! ! 1. We do not have to hope in trading, because it ends up in losses, rather listening to the FED-speak carefully. They still give hawkish remarks and the financial enviroment from the...

Woerle

Despite the news we see the VIX-Index is moving downwards, which makes sense if one visualises the money-flow energies. We will see the lowest VIX by end of April/beginning of May. From mid May onwards we can expect a critical time for the stockmarket with a bias of weakness or even down-trend as the VIX has the bias to move up strongly. We do not know the...

Woerle

I'm not recommending to anybody to invest in NatGas for retirement, because you have to be able to know the risk with such an investment. Nevertheless, we can play with that thought for educational purposes: see my analysis what I did for myself only.

Woerle

Considering money flow cycles, the Dollar Index will weaken further until end Febr./beginning March 2023 to a level of approx. 99.35, which is a good indication, how long the Stock Market and precious metals are going to run upwards.

Woerle

We will reach the trough of NatGas very soon - my expectation is end of February 2023 - and from there, we could get a rapid recovery into the 4... or even 5.... level, which will reward very well considering the short timeframe during which this will happen. Technical indicators are looking like they want to balance out, which is indicating a bottom of price...

Woerle

Considering previous top levels of VIX outbreaks we can conclude that it reaches the apex around the 78.6 Fib-level. As the up-coming cycle down leg is the most anticipated since one can remember, I believe expectations to reach all time highs in VIX will be too much speculative - at least at the first attempt in the first quarter of 2023.

Woerle

HYG has made an inverse H-S-H pattern with an upward potential of approx. 10%, if the current break-out of its neckline is sustainably confirmed. In case this confirmation comes, we will have a valid confirmation of another bullish move of the S&P 500 towards 4400 points. Good to watch out and not to become bearish too early without enough evidence.

Woerle

VIX is consolidating a bit longer at its trough, because so many cycles lining up. Such a phase of prolonged trough happened before as well. Indicators are in a phase to bottom out as well and we can expect an accellerated price movement upward during February/March most likely. The break-out of the green channel may therefore happen faster than anybody expects,...

Woerle

According to my analysis, there can be one retracement leg upward b4 we finally move down to the end trough of approx. 3500.

Woerle

At the moment cyclic trading is fun, bcs waves are moving fairly regular.

Woerle

No daubt - we are in a bear market trend. Nevertheless, there are retracements - sometimes powerful ones - after a downward movement.

Woerle

Goldprice is highlighting the WTI price waves with a timely advance of approx. 19.5 month. I put emphasis on the word "waves" as the absolute price movement of GLD is not an indicator but only the wave trends of it ! Considering the current climate and possible FIB-time highs/lows we could find the approximate turnig point target of WTI for its upcoming up-trend.

Woerle

Goldprice is highlighting the WTI price waves with a timely advance of approx. 19.5 month. I put emphasis on the word "waves" as the absolute price movement of GLD is not an indicator but only the wave trends of it ! Considering the current climate and possible FIB-time highs/lows we could find the approximate turnig point target of WTI for its upcoming up-trend.

Woerle

The RENKO chart gives a helping hand for estimating the market turning point. As RENKO is a mono-dimensional chart and has no timing component in it, the FIB-time is distributed on the probable highs or lows as extracted from the bar chart by the conversion in the software system. We can see here on the current RENKO chart that the 2nd Fib-Line of the highs is...