jtino011

jtino011

Just speculating here, but the goal of this comparison was to get an average in days from when unemployment starts to rise to the major historical bottoms of the S&P 500. After taking the total number of days from the 6 instances highlighted in the chart above we got an average of 427 days, which would put us roughly in August of 2023 for a potential bottom...

jtino011

Clean H&S with RSI running into resistance on RSI. Looking for a breakdown going into 2023.

jtino011

$TLT bottoming??? First target $130, then reassess.... would consider it a failed pattern with closures below $1113.

jtino011

$UNG -> US natural gas etf shown here on the weekly chart. New highs made on declining volume with drives of bearish divergence shown on both On balance volume & RSI when compared to price. Also note volatility indicator signaling exhaustion from this previous upside move....UNG seems to be getting overextended.

jtino011

$TLT on the monthly chart seems to be getting oversold to the downside and is trading into historical areas of support. Volatility indicator is showing exhaustion levels indicating bottom should be near.. Its worth noting the possible bullish divergence between RSI & Price if bottom is confirmed around $112 or above. Although bond market is basically in free fall...

jtino011

Ethereum 2 week chart shown here. Looking like H&S in play while rsi trading into 2W diagonal resistance. Volatility indicator showing tightening conditions, expecting within the next few weeks. Pattern invalidated if right shoulder trades through 4000. Let me know what you all think.