gghsusa

gghsusa

Notice broadening formation-powerful bull divergence to compete with hidden bear. Which will be the victor? I'll be watching for a potential surprise move to 1770. Don't be tricked. A place for a strangle?

gghsusa Updated 

This chart isn't 'playable' so I'll have to update progressively. Main direction= down. Bounce? Possible.

gghsusa Updated 

$nugt $dust $jnug $jdst Prepare for a jolt- I'm currently out of gold and miners. I don't like it here. pivotal with bearish looking divergence. It will be interesting if it breaks out.

gghsusa Updated 

I think we'll witness another bullish run in the market. The bigger picture is "down". It has to come down but I'm positioned for a move upwards for a while. This is my opinion based on technical patterns.

gghsusa Updated 

neutral landing zone- no idea what might happen. It would be very bullish to break above this megaphone but Ford has been nothing but a pain to trade. Crash much lower?

gghsusa Updated 

I think we're witnessing a bullish bottom in US Steel. It's been beat down for quite a while now. Looks like a descending broadening wedge (megaphone) forming. I suspect a break above this in coming weeks and a bullish run.

gghsusa

technically looks promising for another bullish run. I was short with puts at 100 during the last fall and sold way too early

gghsusa Updated 

I believe Facebook is going to turn full bull soon. I was bearish at 217 when I added puts.. after it fell 20% a/h, I knew it wasn't done. But the time is close. Now is the time to be bullish on FB again. a key area is around the weekly 200d moving average around the 134-136 area as a decision point.

gghsusa Updated 

4hr.. not a buyer here. Maybe 150 lower

gghsusa Updated 

Based on the broadening formation, MGM could SOAR over the coming months. 40+

gghsusa Updated 

Careful up here. This is a large bearish overhead. Investors from old will be happy to take profit “Fearful when others are greedy and greedy when others are fearful.” - Buffett

gghsusa Updated 

$gld $nugt $dust $gdx $gdxj $jdst $jnug $dxy Strictly based on technicals, gold has a lot of room here over the next few months

gghsusa

Ford just keeps getting pushed down. It's possible that it could be pushed even lower.. There are some similarities between the two bullish gartley patterns on the chart, but there is also the very evident downtrend to contend with. It's clearly a short/neutral until it can get out of that channel and alter this longer term decent.. be patient and look at the...

gghsusa Updated 

$gld $nugt $dust $gdx $gdxs $slv $xagusd 1236-1240 I expect bounce.. short-medium term upward movement followed by more pressure that could push gold much lower than some think

gghsusa

$cornusd, $corn seeing potential in corn.. looks a little late getting planted but the harvest should be good

gghsusa Updated 

$brzu $ewz $brzs $spy $spx $ewzs Not too confident in this. The location and size are unusual, but the measurements are right on for being a bullish gartley. You can't make this stuff up.

gghsusa Updated 

$gdx, $gdxj, $jnug, $nugt, $dust, $jdst, $gld, I've been bearish on gold for the medium-long term... but ultimately bullish very long term. I was sure it was at least going to touch 1200 support again based on my original megaphone pattern but I might have been off. If we've already touched #6, this could get very interesting.. I'm not sure now.

gghsusa Updated 

$spy $spx $dji $ndx The selling is allowing more buying..big buying.. prepare for more volatility and shakeouts. S&P wants 3000+