Couple of areas to look to enter long in a few days (Review Time & Price) and a couple of places to go short in 2023. My view is real estate will hold on for a couple more years supported by lower interest rates per this chart view. Good luck and share your view as I am always open to disagreement.
New is always given for the cause of market changes but could the announcement of Jerome Powell vs Lael Brainard decision be a market mover? We will see. Should this chart play out...a third higher low could spark volatility to increase. I see a 1, 3, 5 pattern forming which can affect the market. Time & Price reflects a change somewhere near Dec 6th - Jan 18th...
Check the daily and weekly... both to have TD 9 count about to print. The VIX chart has a possible 3 drive bottom about to complete. Appears from this chart there will be another move upwards to cause the VIX to complete. I will go long on VXX futures in the area of $14.25 - $14.70. Currently trading at $16.45 Please share your thoughts as I enjoy other eyes...
Looks like the time to SHORT Soybean Oil Good luck to all
but March Yen looks a bit stronger Dec Yen contract Breakdown occurred at the .168 Fib of Nov 6th high USD at important support currently
This is merely what I see the chart telling me: A head and shoulders pattern or A 3 drive to a bottom in Black Good luck to traders and be safe Thanks!
Sure, many people don't get excited about Soybeans when market volatility is moving, COVID is a story with vaccines introduced and Gold rocking the world of some...but, Grains like Corn, and Soybeans I believe are about to move North in a BIG way. Look at the chart going back for a couple of years and you will see a big bullish Gartley, 1/3/5 bottom pattern, and...
Check out the Monthly and you will see an ABC up I believe we are in a (B to C) move down to the .618 area completing a buy area with a higher low and then moving North to complete the Monthly & Daily ABC up move making a 3 drive to a top pattern in black I am not giving trading advise and this is looking way ahead so this is merely what I see in the chart and...
First I apologize as I can't figure out how to remove the blue vertical lines in the background in my shorter-term charts. If you will be so kind as to educate me on how I would be most appreciative. Please & thank you in advance. The first retest noted in red came in at 0.862 & I see a Bullish Gartley completing near the .869 area near $21.86 but keep in mind...
I have only looked at this stock for about 15 mins for a couple of friends that were told to buy it per their broker. Do not trade this from my chart as I have not worked on this enough to post for public review. Thanks a good trading OK, here you go Brent & Mike....hope this helps web.tmxmoney.com Jefferies to Lead Urgent Initiative to Raise up to $1...
I tried at the .786 fib & was wrong so $2.8385 area looks to me as the best spot for Short Entry. Several metals look questionable currently. Silver, Gold, Plat You can view my GOLD chart previously posted at the target area. I can make a case for SHORT entry at $2.8740 & $2.8385 prev Top but R1 level looks best per pattern. Vol is drying up which is another...
This is merely an update of my historical chart showing much the same thing. Good luck Traders & be safe! End of ABC dwn, Re-test, small Gap fill visible on 5 min chart, 1.618 completion of larger Gartley pattern, etc Currently Bearish but see Bullish entry in the days ahead
I'm not giving trading advice or recommending anyone take this trade, just posting my idea and what I plan to do. Good luck everyone! The chart tells me we are looking for volatility to pick up with: A) Quarter 2 results coming out mid-July with expected poor results. B) Stimulus checks likely to be issued pointing to need. C) Going into election...
Beautiful 3 drive set up being developed. I'm worried about Shorting an ETF that could go out of business so I'm neutral. Grains look sour so sit back and wait for a historical entry. Scroll back and look at the symmetry. MACD divergence developing. There is an entry LONG at the expiration of large ABC, or the 1.27/1.61 of smaller Gartley, or finally the...
.786 of longer-term move & double top of recent move Best wishes traders!
? Right today or wrong tomorrow....;-) Just broke .786 so likely headed to 1.27 fib (1,3,5). I've been bearish Coffee and have another chart taking Coffee lower....but I see this hitting target area today. If it goes lower tomorrow, I'm wrong and I'll move on....., but % is in my favor to try this at target area. (1.27 & 1.61 coming together) ...
I'm sure this will be an unpopular call out with many but this is what I plan. Best wishes Traders!
This is an update of my earlier Coffee chart