$amd $soxx $soxl $soxs $nvda I'd love to see AMD back at 9.70-9.90 for the ride back up. Has been a beautiful symmetrical/descending triangle. If it breaks out above in coming weeks/months, expect the price up to 17-19.. before descent back to test breakout level of sym. triangle.
Dollar support area, bull divergence, and possibly #6 of a broadening formation (megaphone). Will it be enough?
observing potential bullish butterfly? Can't say for sure.. Watching for more downside before a big run for 2018 and on.
US Steel ($X) showing bear divergence.. doesn't look good IMO.. We'll see.
$IYR, $DRN Prepare for a drop before the launch (my opinion).
$IYR, $DRN looking for new bottom before continuation. Stay tuned for March!
$xauusd, $gld, $nugt, $dust, $jnug, $jdst, $gdx, $gdxj $gdxs I'm always bullish longer term. But this pattern may need to complete #6.. could continue lower for quite a while. Who knows?
Natural gas about to cause explosion? Careful $ung, $ugaz, $dgaz
Different flavor from my other recent projection. Equally bearish if it fails.
$nugt, $dust, $gld, $gdx, $jnug, $jdst, $gdxj I could see the 1200 level being tested again.. potential megaphone pattern here. If we are truly in a secular bull market, it could run for years and limit the true value of gold. However, I still believe that gold/silver will come out the victor long term. Their value could far exceed the imagination when all...