justindanethan_

justindanethan_

Thomas

justindanethan_

This is on a weekly chart and so obviously long term. I think we'll need to retest the resistance/support level further down before any meaningful bounce. Watch out for how that translates into other assets.

justindanethan_

I'm not one for experimental technical analysis, but, I found the 1-year moving average curve interesting and how it indicates a certain slowdown and potential reversal to the mean (still with an overall uptrend). Will be interesting and an opportunity to buy after a 15-25 % correction.

justindanethan_

Interest rates will keep on going up, putting down pressure on prices.

justindanethan_

With the fundamentals pushing gold down but will all the long-term financial pointing out to a recession -or at least correction- in the market and the global economy, I'm very bullish on GLD. I do, however, only purchase instruments at the most advantageous point. Ideally, 100.50 for GLD. From now to then, I still want to get in the market at prices that are...

justindanethan_

The drawings on the chart make it pretty self explanatory, but, based on all the fundamentals and recent surge, I'm very bullish on NFLX. With that being said, I believe there will be a continuation of the current downtrend, testing of the support and back up to -at least- the current resistance level.