Gold •145 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 939.60 | -4.90 | -0.52% | |
WTI Crude •10 mins | 69.09 | +0.15 | +0.22% | |
Gasoline •14 mins | 2.001 | +0.000 | +0.02% | |
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 | 73.22 | +0.21 | +0.29% | ||
Natural Gas • 20 mins | 3.341 | -0.028 | -0.83% | ||
Heating Oil • 13 mins | 2.246 | +0.010 | +0.47% |
Clearly, the market condition has changed and the S&P short term is trying to reverse. The success or failure of its attempt will be very significant to its next action.…
I would like to think if R.N. Elliott were still alive, he would come up with similar labeling as on this chart. This labeling accepts R. Elliott's labeling to 1929…
The neckline is now the control and breaking above the neckline will be short term positive. Breaking below this pattern would be bearish particularly so if the breaking move is…
Markets reflect crowd behavior and crowds are made up of individuals. The world is generally chaotic with random events occurring all the time. In this, we as individuals attempt to…
Of interest was the BULLISHNESS as the five-point reversal was completing. Emotionally, the completion point was a hard sell. As stated for a few weeks now, was that the sentiment…
The HEAD & SHOULDERS top for the [C], which was an assumed possibility some time ago, seems to be playing out so far. Typically, [T5] is likely to conclude around…
Last week the assumption was that T5 would fail and that it has disintegrated into an expanding TRIANGLE. All that was needed was confirmation of price acceptance below T2. The…
There are no changes on the larger time scale charts from last week. The main issue last week was the completion of the terminal C wave in the flat sitting…
The position is mainly unchanged on this chart from last week's report. On this chart in addition to last week, I have added the red labeling for the IRREGULAR TOP.…
As the Euro recovered so gold began to move the market upwards. The day before yesterday saw the mouths drop and the gasping begin, as gold shot through $360, as…