weekly preview - SPX GOLD SILVER YEILDS USOIL BTC

5 янв.

All in the video. The market is trying to decide whether to go lower or not. Hard to say at the moment. Under today's low and we probably go to the daily bb around 4640. A break above 4720 and we could rally to 4750-4770. Right now there is no panicky selling, but any rally from here I believe is a selling opportunity. Other markets are also interesting. BTC may top out soon but I expect one more high close to 50k....

Good luck!

8 янв.

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Good morning, the market is consolidating at 4700. While it's possible we go over 4730 today, chances are it will reject if it does. I expect lower regardless of any pumps (if they occur).

8 янв.

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OIl is back into it's channel - Looks like another low is likely there.

8 янв.

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trendline on gold corresponds to the daily BB - around 2k or so.

8 янв.

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if 4730 can break and hold it's bullish. I'm not sure it will happen yet.

8 янв.

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banks are down today (JPM leading) worth watching for a breakdown.

8 янв.

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we are consolidating sideways. It may go higher, but the smaller time frame RSI is already overbought. It could chop around here as a B wave for a few days. If that's the case, a C wave would be next.

8 янв.

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daily 18ma (red line) is another objective short area for SPX

9 янв.

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shorts blown out and we are above the 18ma near the mentioned target of 4770. With the rsi this high on futures, I think we'll come down either starting tonight or sometime tomorrow. If not, another high may come before CPI on Thursday. Neither would be shocking at this point.

9 янв.

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BTC in the target zone but the rsi suggests slightly higher.

9 янв.

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cup and handle target is close to 4780, so a float up to there overnight is probable, see you tomorrow

9 янв.

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Good morning, we are at the 18ma on futures. A move up to the upper BB at 4800 is possible, but right now my primary idea is we go down for a few days at least. Will update if it looks wrong.

9 янв.

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18ma has to break this morning and then a retest of it needs to fail.

9 янв.

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iwm false breakout is sticking. next stop should be 188

9 янв.

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xlf (banks) may lose trend today. Bears want to see it get under 37.5 (18ma)

9 янв.

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SPX back to daily 18ma, this is an objective short, but needs caution. Buy the dip still the game until it isn't

10 янв.

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good morning, price and rsi both look like they want to go higher from this pennant into cpi tomorrow.

10 янв.

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looks like a false breakout but they've done this before and rallied up again, best to wait for previous support to crack.

10 янв.

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market is consolidating, but 4 hr rsi and daily look like they will go higher - at least for now.... if that is the case, IWM probably bounces back up to 198 or 200.

11 янв.

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if this is a bull pennant, minimum target is 4860. I think it's doable. We'll see how it goes tomorrow..... CPI at 830!

11 янв.

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to me right now it looks like we will go higher after CPI. Target 4860. If wrong I will update.

11 янв.

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BTC target probably will be hit today

11 янв.

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CPI at 830 am buckle up

11 янв.

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may be this -

11 янв.

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Under this support and it's a sell, no decision yet.

11 янв.

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IF they continue higher, there's another structure on futures for possible target.

11 янв.

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this is what it looks like to me right nw. Open should pump above 4800 to take out shorts....

11 янв.

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main idea for today

11 янв.

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BTC target area reached, Maybe it hits 50k, maybe not. I think most are thinking it will.

11 янв.

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they are losing the wedge, that may be it, not sure yet.

11 янв.

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down we go

11 янв.

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BTC offers an objective short on any bounce

11 янв.

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SPY and SPX 18 daily ma reached, should be a bounce area

11 янв.

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i was away most of the day, they just came back to test the wedge. I expect lower friday, but this action is not impulsive at all so a sell off to support likely holds. Tomorrow may look bad, but I doubt it goes more than a day.

12 янв.

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They are bucking this like a bronco and it looks right now that another high is on the table to close Friday. Will update later if wrong, I'll be out most of today.

12 янв.

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Today's idea - SPX

12 янв.

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here's another way to see it - above 4792 and it's a long.