fehro

fehro Updated 

Alternative view on GOLD... for those who are bullish on gold and see gold going to higher levels.. you should have no trouble SHORTING this chart... IF you are bearish on gold and you see prices dropping you should LONG this chart. INVERTED GOLD DAILY CHART with 9d/20d/50d/200d SMAs 1/GC1! to help remove bias .. one way is to invert your chart. LONG...

fehro Updated 

Western Indexes low yield, low growth from a prolonged contraction via pandemic and weak economic growth, go East young man/woman.. go East! Shanghai Composite index... giant sideways consolidation, Triangle, channel.. may see more sideways before a breakout, but once it does.. it will outstrip any North American or Europe Index. Add to the fuel China's...

fehro Updated 

OIL is at 20month SMA, under 18yrs of "overhead" supply.. everyone and their pooch..lol.. is bullish in oil due to "vaccine" potential growth, etc.. So a good portion of the workforce now works from home, Electric vehicles, and more importantly Electric buses in China are ever so increasing, and removing oil demand by the month, drip drip drip.. lol we may...

fehro Updated 

GOLD NEUTRAL to SHORT Long term play. Gold 4th month red down 16% from the highs, nears bear market "definition" . Gold is now < 9d/20d/50d/9w/20w SMA at the critical 50w SMA.. and Key Horizontal support.. 50w fails here look for 20month SMA next 1623ish.. that level to 1550 red line uptrend and 50month SMA fail to provide support, the door opens to much lower...

fehro Updated 

BREXIT almost complete. GBP/USD potential huge long term 25-35% uptrend move to wedge target of 1.80, upper yellow trend. Over the key 1.40ish Horizontal price level.. should move relatively strongly up to target, there may be a wedge retest to shake out weak hands... "put news here" for the reason. GBP vs EURO looks to become more stable currency, based...

fehro Updated 

Bearish rising wedge within in a larger wedge.. BTC stalls here and breaks down.. things "could" get extremely ugly. DXY USD still in a long term uptrend.. Over 10yrs.. DXY holds support in this range.. 92/90 ish.. looking for 25-35% up on the USD = pain for BTCUSD. DXY targets on moves up are 121.00 2000 highs to the insane parabolic moves to 135 to 165, look...

fehro Updated 

Gold stalls here at 50d wedge, look for 20d .. 20d fails.. 1900 fails.. then look for 1875, 1835, ultimate support is 1775

fehro Updated 

Weekly Candle doji, lower high, at resistance.. possible Expanding Wedge .. within a larger 100yr uptrend. Expanding triangles are common at tops. Something to watch in the coming weeks.. Look at lower chart for longer picture. Possible short set up which may last weeks to months to possible years.

fehro Updated 

DXY breaking out of possible 3-4 yr bull flag, we take out the 2015-16 highs look to top of RED channel 108.85 range breaks that channel then upper level to 2002 highs is possible 121. Over that well then for insanity 160? yeah I know nuts. But DXY USDollar "cleanest" dirtiest shirt syndrome. I'm looking for the demise of the EURO, look to BREXIT, Italian...

fehro Updated 

sloppy invs H&S /bull flag on DXY daily .. has potential for huge breakout over 97.75

fehro Updated 

Just under 200d SMA, and 20d setting up another invs H&S white

fehro Updated 

SPY setting up for possible large down move >$33 down.. early yet.. may see one more spike up, divergence on RSI and MacD, Full moon Tuesday.. "usually" direction changes near new/full moon +/- 2 to 3 days.. something to watch moving forward

fehro

possible bearish wedge on gold.. need USDollar to move up.. 2yr bull flag on the weekly DXY

fehro

Short near here starter position, should it break down add shorts at pink break. breaks up... look to ATH

fehro

RS on gap up..