Weekly wrap and preview - SPX USOIL GOLD and SIlver
מעודכן
A move up to 4375 area is likely in the morning to test the channel. I expect a failure but if they get over 4380 they will likely fill the gap at 4404 on spx cash. Us oil needs to get over 88 convincingly to be a solid long, right now it's just chopping around confusing both sides. Gold and SIlver both broke down and now are retesting structural resistance, it's a short opportunity but it doesn't mean it will work. On a monthly chart both could be seen as a false breakdown.
Good luck!
Good luck!
הערה
Almost there, probably pop it at open. הערה
target area reached, may go a bit higher, הערה
good entry, see if it works.... הערה
We're at strong support, I think they'll try to save it a bit here, but it also looks like a head and shoulders top with a target at 4250 area. הערה
הערה
so far it's doing what I expected, however if they start getting over 4350 there's something wrong with the idea. I'm done for today - see you next week!הערה
right now this is looking like an A wave (ABC) If it's correct, tomorrow should gap down but by Tuesday the move down should be over. Target for me is still 4260 -50 area. הערה
Gold still feels like it may pullback here. I notice everyone is very bullish on it, but I'm not sure about it just yet. RSI is quite overbought already.... הערה
spx probably in a B wave. a move up before the bigger move down looks likely right now הערה
target area reached for B wave - if that's what it is. A little higher maybe. הערה
USOIL might have one more high still, 88 certainly important. הערה
This still looks correct, I will update if anything changes. One more stab up still possible above 4360 but it doesn't have to. הערה
IWM and DJT both strong (sometimes a leading indicator) any move down today into tomorrow (if it happens) is likely a short term bottom.הערה
4360 stabbed through -an ideal short entry here with tight stop. הערה
analysis for the B wave looks wrong now, so another touch of the channel is likely. They will try to fill the gap on SPX I think. הערה
we're at a resistance here - not sure if it will drop from here or not . הערה
tech also at resistance, I think we're at a decision point for the dayהערה
we're stalling at the levels I pointed out, but I have no idea if that's a top for the day. RSI could go either way and so could price. הערה
still could be this - be cautious. הערה
that's bullish, probably into close - הערה
good morning, no push up so right now I think they may be doing what they did the last two times before the bigger sell off - create the illusion we are going higher. Each previous peak in this downtrend had a retracement which almost broke the highs. Each time it failed. Will this be the third time? I think it's possible. Retail sales at 830. הערה
SOXX retested it's channel yesterday in a sort of bear flag formation - target for the flag is 418 if it's correct. הערה
If I'm right and we're going to sell off today, a kickback to 4370 could happen first - that would be an ideal shorting area (with a tight stop. Good luck, I'm out for the day....הערה
new video - 
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.