Gold •145 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 934.50 | -10.00 | -1.06% | |
WTI Crude •10 mins | 69.33 | +0.39 | +0.57% | |
Gasoline •10 mins | 2.009 | +0.008 | +0.40% | |
Ethanol •145 days | 2.161 | +0.000 | +0.00% | |
Silver •145 days | 30.82 | +1.16 | +3.92% |
Silver • 145 days | 30.82 | +1.16 | +3.92% | ||
Copper • 145 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.42 | +0.41 | +0.56% | ||
Natural Gas • 10 mins | 3.324 | -0.045 | -1.34% | ||
Heating Oil • 12 mins | 2.259 | +0.023 | +1.04% |
It is simple textbook interpretation. To act as control the expectation is a fast down move. However, if this is T4 it should be a corrective move down somewhere near…
Over the last few days the S&P has formed another small HEAD & SHOULDERS, which are distributions not accumulation patterns. It does not matter if they fail they are created…
Triangles are formed when the market tries to resolve issues that have bullish and bearish influences. In this case, the issues are a weak economy, and positive effects of the…
The start of most major trends are difficult until they are established. This is particularly so of BEAR trends because of a natural bullish bias. Life would be very difficult…
The high was expected to be the top yesterday and it has held. (C) Wave has turned slightly more complex than expected. It sold off at open but support held…
As it stands the top of the pattern was most likely in shortly after open today. The persistent closing ramp failed. The DOW only succeeded in gaining 31 points, which…
This suggests that the down move will resume tonight as the S&P goes into the fourth swing of a 5-point reversal. Note the low last Friday was on 38.2% of…
The market, as all natural systems in conflict moves from one level of consolidation or conflict to the next. The final point of resolutions are where the opposing forces spend…
The subsequent SPIKE lows in the S&P were retests of this important low. Obviously, a break below this 50% range is going to be a major negative blow. Note the…
Once through, it will be an additional piece of action suggesting that this may be the [E] wave, and the top may be in at GREEN (C). This is based…