We projected bit momentum while it's squeezing through 56. However, market temper bounces. After the past 2 weeks of squeezing, we remain bullish on CL until 62 hit.
Nat Gas is a strong seasonal asset. Pay extreme attention to EIA report in the following weeks.
The pullback didn't hesitate a bit at the closest 2-week support level(1310-1320), where profile is relatively thin. We are likely to be seeing a few days of consolidation at current level. If the whole mark turns bearish again, it could evolve into pendulum to test 1350 in 4 weeks or so.
Deadly short squeezing to < 3M futures. The amp wave shall push next cap to 62.
Seasonal spikes have been gone. This is the last wave I'm trading before May.
1340 was delivered at least 2 weeks early. Yet, 1360 is 30M (strong) ULB, and short-term resistance built around 1320. Get your money somewhere else to grow
Mid term: 8W convergence center is forming around 0.0385, happens to be the +1 retracement of 90D Short term: 3D (steep) Linear Lower Bound testing, expecting to see Band closing and forming a sub convergence structure,
Mild reaction to USD index dip on 4th, uptrend perfectly lined up with wechat posts. Take your long profit Maybe surf VIX?? ;' )
After 42.8 hard reset, the following perfect pendulum at 46.8 really cranked the upswing. As wechat posted earlier, 51 insight this week.
We are expecting to see a few weeks of uptrend, pay attention to those contract pivot levels, as of posting, 3.13, 3.31
USD index drop shortened 1300 delivery as least one week, we are expecting longer consolidation between 1280 and 1300. Clear bi directional trigger Suggest surf first two waves
follow up What Happened rates hike kicked a boost 2 weeks of consolidation as expected big/ask shift up 1.21/1/07 strong momentum as of posting What's Next you should have cashed out all financial products, keep 1/3 proportion of paper gold patience and patience for the biggest dip
What Happened since 12/10 LLB break easy S1 (3.9) cross down What's Next? 2+ weeks of consolidation best time to surf (trade on waves)
What Happened since 10/10 30% channel bounce rejection, 5 T period entered 2.6k on the first day of prediction window 1 year significant down break Ask/Bid 2.33/1 What's next amplifying solid red bars x 3+ short upon bounce
What happened since Dec 10's chart Brief DT Perfect TK Fibonacci Enveloping® / 4H 1.02 Bid/Ask Next? Not adding position Clear short < 4.2 Limit Short >= 4.5 TK presents highly summarized result.
TK presents high summarized results. What Happened Strong defense at 3.8k, 2nd bear test showed bull confidence TK Fibonacci Enveloping® shows stabilization at .236 level 1.14 Bid/Ask volume ratio from Top 10 Exchanges Later small windows told healthier bull action Next? Adding long on low as eyes on 3.9k level Clear SL at 3380, 3325 ...
Continue our discussion on Gold/GC/GD since Sept. We just had this significant testing happened. I take it very significant. WHY Vol dropping on a common concurrence of market plunge It bounced at the strongest volume profile peak, and broke through the 2nd strongest peak Expecting to see 1/ a few weeks of consolidation, likely to a daily...
What happened? Bulls were able to hold 4.2, now we see a much healthier daily convergence. 1/5 T UP followed by 4/5 T DOWN since the first impulse. 7 week aggregated future volume is centered at 4.8, and 13% heavier above. Next? Another week of consolidation Trade on triangular linear bound Mid-term pivot still eyes on 3.8, 74% Trading...