Announcement

Collapse
No announcement yet.

Thursday,December 20th

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Thursday,December 20th

    Futures are a bit down,gold is up 8$,oil is down 3.55% https://finviz.com/futures.ashx

  • #2
    Three losses in a row:

    https://www.youtube.com/watch?v=jsc-...ature=youtu.be

    Comment


    • #3
      Futia:

      http://carlfutia.blogspot.com/

      Comment


      • #4
        Gold market is just insane. Huge head fake. what happens next nobody knows

        Comment


        • #5
          Lots of names will bounce to mid BB on hourly then may dive again.

          Comment


          • #6
            Originally posted by rutku10 View Post
            Gold market is just insane. Huge head fake. what happens next nobody knows
            IF,IF markets gonna correct more,Gold and miners will be a good bet starting January.Money will go to TLT and gold ,miners.

            Comment


            • #7
              Silver needs to break out. It would run 16.20$
              Attached Files

              Comment


              • #8
                Liz Ann Sonders‏Verified account @LizAnnSonders 2h2 hours ago

                What we’ve seen this year is perhaps not as extreme as many think (although if 2017 your proxy, it’s been a disaster): - Maximum drawdown YTD 2018: -14% - Maximum drawdown 2017: -3% - Average maximum drawdown since 1928: -16% - Median maximum drawdown since 1928: -13%

                Comment


                • #9
                  $XLF Weekly: #XLF chasing hard towards 200MA weekly. Fun fact: Weekly Stoichs @ 2.96 are lowest since July 2007! Also Interesting, that record low happened at the very beginning of the bear move & preceded the October market peak, exhaustion soon! #financials #banks $JPM $GS

                  Comment


                  • #10
                    $USDJPY Weekly: #USDJPY weekly playing out differently this time, not exhibiting the same pattern (likely due to extreme equity weakness). Orange Stoichs arch drew few weeks back indicating the likely path. Once purple TL support fails could flush fast... $JPY #JPY #FX #FOREX

                    Comment


                    • #11


                      $SPX MACRO: Now THIS month is officially the largest red candle EVER! (nominally, not %) beating out two months ago . Purple channel bottom coming soon to a bottom near you #SP500 #SPX $ES #economy

                      Comment


                      • #12
                        $SPX Weekly (Bear): #SPX being pulled down to the 200MA like a tractor beam. It could get there as early as first few weeks of Jan. 13/50MA weekly (emphasis on weekly) signal almost never fails, one of the best indicators (keep that in mind) #economy #markets #stocks

                        Comment


                        • #13
                          $TLT Weekly: #TLT rocketing up to upper BB, which has already curled up allowing for more upside w/o needing to pullback. #bonds #treasury #usd $USD #DXY

                          Comment


                          • #14
                            $TLT vs $GLD : #TLT vs #GLD ratio in full bull. Said months ago this would take off like a rocket $GC #GC #Gold #bonds #treasuries

                            Comment


                            • #15
                              #NATGAS Monthly: $NATGAS monthly pulled back to 100MA & bounced back to regain the 200MA. That is the main reason why it stopped where it did. Whether or not either will hold depends on this weeks report along w/ how it reacts over weekend gap $UGAZ $DGAZ #UNG #DGAZ #UGAZ $UNG

                              Comment


                              • #16
                                Poly:

                                https://twitter.com/BobLoukas?ref_sr...public-blog%2F

                                Comment


                                • #17
                                  #Dow Weekly: $DOW #PowellPlunge fully illustrated. #Dowjones #economy #markets #bearmarket $DJT

                                  Comment


                                  • #18
                                    Interest rates:

                                    https://kimblechartingsolutions.com/...bnail_id=48635

                                    Comment


                                    • #19


                                      #GOLD Daily (18mo): $GOLD chasing up the bull channel (or giant bear flag depending on your perspective). MACD/Stoichs indicating double peak. Gold may be chasing a blue TL backtest, more time needed to see how Powell backlash plays out... $GC #GC #GLD $GLD

                                      Comment


                                      • #20
                                        $EURUSD Weekly: #EURUSD ascending triangle formation boundaries still holding. MACD/Stoichs indicating bullish bias but until formation boundaries are broken there is no confirmation. #Euro #EUR #FX #FOREX $EUR

                                        Comment


                                        • #21


                                          $EURUSD Daily: #EURUSD triangle getting laughable at this point . Something tells me tomorrow will be fireworks once this breaks out for good (no choice it has it, end of the road). Direction for next few months will be determined in next few days... #FX #FOREX

                                          Comment


                                          • #22

                                            More
                                            #Dowjones Theory: #transports could not even hold the 200MA weekly thanks to the #PowellPlunge . Daily chasing Lower BB relentlessly. Seen some bonehead central baker moves in my life but this one may become legendary as the worst. #DOW $DJT $Dow $Trans



                                            Comment


                                            • #23
                                              $SPX Daily: #SPX chasing Lower BB like a dog in heat Stoichs still not at lower magenta support & MACD likely needs to make a 2nd lower low before exhaustion is reached (similar to April). Perfect example of 50/200MA flush #SP500 $ES #PowellPlunge going “Full Retard”

                                              Comment


                                              • #24
                                                I still think the IC top is in for mining stocks, and gold is putting in a top this week. I think we get a 6 week correction into an IC low. I do not expect a dramatic fall at all, but gold could test the 20 WMA at the end of it. It will be mostly sideways action IMO.

                                                Just a guess though. Like I said, for me the key is the GDX daily chart, which is about as bullishly set up as it has been in 7 or 8 years IMO. As long as the 18.26 pivot isn't broken, it will continue to look bullish to me. Again, no fireworks, just a slow grind higher IMO for the next 2 years. I think 3 years out we start a parabolic move that will take us well past the trading range the miners have been stuck in for 45 years.

                                                If GDX can pop past its 200 WMA from here and never look back, I won't complain. I just don't think it is ready just yet. I am expecting a low in late January.
                                                Last edited by Spanky; 12-20-2018, 12:35 PM.

                                                Comment


                                                • #25
                                                  $gold's 50 WMA is at $1270. It's possible we hit that MA this week or next week. But I am expecting gold to cool off at that point, as I said, with a move back to the 20 WMA over 4-5 weeks. Plus the week stochs are getting into nosebleed territory. It doesn't mean a smash is imminent, but some downward/sideways action is due.
                                                  Last edited by Spanky; 12-20-2018, 12:58 PM.

                                                  Comment


                                                  • #26
                                                    Central banks:

                                                    https://www.armstrongeconomics.com/m...tral-bank-war/

                                                    Comment


                                                    • #27
                                                      Brandt:

                                                      https://twitter.com/PeterLBrandt

                                                      Comment


                                                      • #28
                                                        MrMiyagi‏ @MrMiyagann 2h2 hours ago

                                                        $NYMO hit -80 at the lowest $SPX $SPY print today as $VIX topped at 29. Could see a bounce here, even shorts take lunch breaks. $QQQ $NDX $USD $GDX $IWM $RUT $DIA $TRAN $IYT $AAPL $XLE $USO $AMZN $BA

                                                        Comment


                                                        • #29
                                                          $AMZN Daily: First time #AMZN chart - Good proxy for #retail. Magenta support is most likely next target zone. Notice how 13MA never crossed 200MA (cyan, warning signal). 50MA about to bearish cross 200MA (2014 last time happened). Lower BB rolling too #Amazon #shopping

                                                          Comment


                                                          • #30
                                                            #Dow Weekly: $DOW #PowellPlunge getting worse. If this weekly candle closes here (or lower) it will skew Lower BB heavily to the downside & forecasts smaller doji next week then bigger one the following week as Lower BB plays catchup #Dowjones #economy #bearmarket $DJT

                                                            Comment


                                                            • #31
                                                              $VIX Daily/Weekly: #VIX blasting through Purple TL resistance thanks #PowellPlunge . He single handed lay made this break out where it should have held. This time IS different and the Bear market is here.. upper BB indicates this chart can keep running $SPX #SP500 $ES #SPX



                                                              Comment


                                                              • #32
                                                                We have officially gone insane.
                                                                1.92 put call ratio?
                                                                Seriously?

                                                                Comment


                                                                • #33
                                                                  SHORTS ARE COVERING.For how long i wonder?We can back test 157$ in qqq by tomorrow.

                                                                  Comment


                                                                  • #34
                                                                    #Dowjones Theory: #transports still freefalling to Lower BB. Stoichs however indicating exhaustion is near. Stoichs @ 3.15 /100 is insanely oversold. Once MACD makes lower low we should get some kind of a bear market rip. #PowellPlunge continues... #DOW $DJT $Dow $Trans

                                                                    Comment


                                                                    • #35
                                                                      $SPX Daily: #SPX in full waterfall mode as well. However, #SP500 Stoichs also hit magenta lower support TL indicating potential ST bounce soon in the next few days. Look out for positive news sparked rally $ES #PowellPlunge continues....

                                                                      Comment


                                                                      • #36

                                                                        More
                                                                        #Dow Daily: $DOW waterfalling into LowerBB. HOWEVER, Stoichs finally reached lower Magenta support, so possible for markets to take a pause within next 3-4 days (perhaps during light volume holiday trading) The #PowellPlunge continues... #Dowjones #economy #bearmarket #markets

                                                                        Comment


                                                                        • #37
                                                                          SPY net put premium bought is $58.6M, hit $77M at the low mark, this is pure panic buying ($25M>) and I GUARANTEE they will be burned by MR Market..

                                                                          Comment


                                                                          • #38
                                                                            AXU's action today was somewhat predictable. It is literally at cloud resistance. For me, tomorrow is a big deal as it should presage AXU's action for the next 7 or 8 weeks. Again, flat clouds are not impenetrable, but it is less probable prices move through flat clouds from my experience. So AXU has literally a 1 day window to make a clean break above IMO. If it can close above .915 tomorrow, I will count that a successful break.
                                                                            Click image for larger version  Name:	Screenshot_2018-12-20 AXU - Alexco Resource Corp .png Views:	1 Size:	48.2 KB ID:	388447

                                                                            Comment


                                                                            • #39
                                                                              We can have a small bounce within low volume holiday week,AND GONNA REVISIT LOWS AGAIN,go lower for sure,when people open their 401k statements beg JANUARY and decide to buy bonds,TLT.Have a few 123$ march TLT CALLS SINCE YESTERDAY.

                                                                              Comment


                                                                              • #40
                                                                                UUP is hitting support today at the rising 50 dma. Daily cycle trendline broken now. Surely it goes a little lower and then hopefully left translates the next DC on its way to the trash bin.

                                                                                Comment


                                                                                • #41
                                                                                  • THEIR should be some good news in tariff war before New Year,so we can rally.Take advantage of this to re SHORT.

                                                                                  Comment


                                                                                  • #42
                                                                                    Originally posted by Spanky View Post
                                                                                    UUP is hitting support today at the rising 50 dma. Daily cycle trendline broken now. Surely it goes a little lower and then hopefully left translates the next DC on its way to the trash bin.
                                                                                    Not gonna happen THAT SOON.

                                                                                    Comment


                                                                                    • #43
                                                                                      NYMO:

                                                                                      https://stockcharts.com/freecharts/gallery.html?%24NYMO

                                                                                      Comment


                                                                                      • #44
                                                                                        NAMO:

                                                                                        https://stockcharts.com/freecharts/gallery.html?%24NAMO

                                                                                        Comment


                                                                                        • #45
                                                                                          Bitcoin:

                                                                                          https://stockcharts.com/freecharts/g....html?%24NYXBT

                                                                                          Comment


                                                                                          • #46
                                                                                            A current Bitcoin price:

                                                                                            https://www.worldcoinindex.com/coin/bitcoin

                                                                                            Comment


                                                                                            • #47
                                                                                              Fear & greed:

                                                                                              https://money.cnn.com/data/fear-and-greed/

                                                                                              Comment


                                                                                              • #48
                                                                                                SPY:

                                                                                                http://www.wsj.com/mdc/public/page/2...moneyflow.html

                                                                                                Comment


                                                                                                • #49
                                                                                                  Oil:

                                                                                                  https://stockcharts.com/h-sc/ui?s=%2...22&a=407277060

                                                                                                  Comment


                                                                                                  • #50
                                                                                                    Dow 30:

                                                                                                    https://money.cnn.com/data/dow30/

                                                                                                    Comment


                                                                                                    • #51
                                                                                                      SPX:

                                                                                                      https://likesmoneycycletrading.wordpress.com/

                                                                                                      Comment


                                                                                                      • #52
                                                                                                        Thanks Jim and froll for keeping this blog open

                                                                                                        Comment


                                                                                                        • #53
                                                                                                          I think that we should have seen the lows.... but maybe another retest tomorrow and off to the races!
                                                                                                          All my best wishes for the holidays.

                                                                                                          Comment


                                                                                                          • #54
                                                                                                            Originally posted by Sophia View Post
                                                                                                            I think that we should have seen the lows.... but maybe another retest tomorrow and off to the races!
                                                                                                            All my best wishes for the holidays.
                                                                                                            Yes, Sophia.

                                                                                                            And Best Wishes to you, and yours, and everybody, for the Holidays, and for the Wonderful New Year coming up!

                                                                                                            Comment


                                                                                                            • #55

                                                                                                              Bob Loukas‏ @BobLoukas 2h2 hours ago

                                                                                                              This is a good free blog post on the calls made by four of the analysts on the #bitcoin Live platform this week. Link: https://buff.ly/2CqpXmF

                                                                                                              Comment


                                                                                                              • #56
                                                                                                                Markets:

                                                                                                                https://www.armstrongeconomics.com/m...rket-meltdown/

                                                                                                                Comment


                                                                                                                • #57
                                                                                                                  #SILVER Daily: $SILVER now chasing upper cyan resistance & upper BB. Notably, silver is underperforming gold technically speaking, but does still have room to run. 200MA would be a hard limit #SLV $SLV

                                                                                                                  Comment


                                                                                                                  • #58
                                                                                                                    #GOLD Daily (18mo): $GOLD touched upper magenta resistance today. $GC could break through and test Blue TL which would turn into a broadening ascending wedge instead of a standard bull channel. Stoichs double peak playing out, what happens at Blue = critical #GC #GLD $GLD

                                                                                                                    Comment


                                                                                                                    • #59


                                                                                                                      $XLE Daily: #XLE free fall continues... Stoichs now in the single digits, but realistically needs to get <5.0 before a final ST bottom. Lower BB now the only real intraday support each day until flush ends. Monthly $CL Lower BB $40-41 most likely it #WTI $OIL $WTI #Crude #WTIC

                                                                                                                      Comment


                                                                                                                      • #60
                                                                                                                        MACRO $WTIC : 10YR #WTIC even more bearish. #Crude monthly Lower BB dropping further down to 40.96 & starting to curl down. If curls even more could break into 30s by early Jan. Again, Rising triangle Stoichs is my most accurate trigger. Bloodbath coming to TX oilpatch $XLE #XLE

                                                                                                                        Comment

                                                                                                                        Market Data

                                                                                                                        Collapse

                                                                                                                        Sponsor

                                                                                                                        Collapse

                                                                                                                        Gold Markets

                                                                                                                        Collapse


                                                                                                                        Investor Tube

                                                                                                                        Collapse

                                                                                                                        Sponsor

                                                                                                                        Collapse
                                                                                                                        Working...
                                                                                                                        X