Tracking gold for its correlation to silver. Will follow up within a couple of weeks.
Tracking the Dow Jones, S&P500 and Nasdaq. All of them appear to concur on a potential increase of approx. 3% over their all-time highs. This is reflected on the SPX500 Crab/Butterfly pattern that appears to be forming on the higher time frames. See NDX Crab in previous Idea for reference. Waiting for price action to confirm Dow Jones levels.
Not too sure about validity of harmonic patterns applied to indexes, but here is a nice Alternate Bat. In my opinion, this pattern formation is supported by the equities markets that are currently bullish. Ranging most likely to occur just above 96 for a few weeks prior to a well defined reversal.
Currently expecting a pullback within a couple ADRs before resuming the Bat Action Magnet Move. Tracking this in parallel with CADJPY.
GE upcoming potential reversal. Awaiting confirmation to buy and hold.
Silver is finding support on the 2017 low. A butterfly pattern is now entering a potential reversal zone, however, a pullback is expected prior to the completion of the pattern, which is supported by the apparent strength of the American economy.
Gartley formation on the higher time frames comprising HOY and LOY. Current pullback within CD supported at .382, .382, .486 of XABC.