dont let the fake accounts fool you copper is ready to fly imo. first targets 4.18-4.28.
LTF MSB. im keeping an eye on the zone marked 1h breaker. If this is our turning point id like to see a strong reaction from this zone.
looking to see price come into this 12h bullish ob. If we can get back above that 1h bearish ob and turn it into a breaker it looks like a long back to the top and higher.
IBM an unsung hero with a measly market cap of apx $123B. Is ready to move up. I was hoping to add more in the green box but it never came. Regardless it seems to have been in a long consolidation respecting supports as it works its way up. There should be plenty of opportunities to get in as I believe we are going to break ATH over the next many months to...
SPX came within 6 points of filling in its gap but didnt. The island top is valid until the gap is completely filled. Im expecting ES futures to rally this evening but fall below that area for open tomorrow. Time will tell but im bearish until that gap fills. Target 3700ish. Invalidation 3926. This gives a very tight invalidation as well as a good R:R.
Not sure how i feel about fractals or if comparing ftx and enron really makes any sense but here it is. Vertical line notes enron and ftx bankruptcy dates. Structure very similar. Still consolidating under the 50W MA as well as other points of confluence. I am curious to see how this ages. Let me know your thoughts especially in regards to if you believe ftx is...
Ng managed to hold a key 50% at $6.18 and at the same time put in a strong ATR spike on the 2h. Key level combined with ATR spike means pay attention. This has swung my bias neutral leaning bullish but the first step is getting above $6.7's. If we can get above our local range highs I think we target $7.7. Bullish as long as we are above that $6.18 level. Bearish...
LE is testing the the top of its previous ranges support. Hold the line we go up get back inside we going back down. pretty simple stuff
Chart says most of my thoughts. NG markup period consistently propped by low volume during low liquidity (after hours) to manipulate price. This only supports my idea that NG is gonna nuke hard eventually. True target is way lower then chart says but that might some time. Im thinking close to $3. The patient and vigilant will be rewarded. GLTA
NG just did a huge gap up on open with very low liquidity. This has happened a few times in this range. Thinking this was the final though and we are gonna nuke hard over the coming days assuming we can get back under 6.8. 6.8 is the line in the sand. under down over up. I would assume whomever bought the 900 contracts to bring it up 10% has many more contracts...
Follow up to my first post explaining targets. Fibs pulled from macro high to low. Calling for a .786 retrace before we crash back down to the 20k or lower before the next bullrun but who knows what the next bullrun will look like considering if this happens I expect spx to pump as well and I am expecting the real bear market to be 3-6 months away
Everyone is bearish and rightfully so but what if. If we use the CME chart the lows have already been swept. The markets are all nuking but what if this is the bottom. Wyckoff analysis. Please show me where its not possible if so because I am not a Wyckoff guy but it just seems we are about to enter a stage of disbullief in all markets at least until the end of...
I think waves is gonna push higher after closing at the highest level on a weekly. Id like to see us have a big sell off after we hit 41 and ultimately lose our $30 support followed by our support in the low 20's. I will be shorting any break towards 41 and be looking to take profits towards 12 unless we can hold the 20 or 30 level. Not financial advice. GL to all.
First time poster and new to analysis so take it with a grain of salt. Any and all comments welcome. For now I am not convinced that this is the end of the bull run. I believe we could still be in the 5th wave of elliott on the all time chart. This current turn down could be wave 4 of a more local elliott starting December 1st 2018. I only acknowledge the covid...
This is not technical analysis, just some information as a customer soon to be a former customer. Their online banking and fraud protection is archaic. I am continually being locked out of my online banking. They just tried to blame Apple for my order not going through even though I went to into the bank personally to try and rectify the situation last week. After...