Announcement

Collapse
No announcement yet.

Friday,May 3d.

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

  • Friday,May 3d.

    Markets are positive,0.50%,gold is up 7$,oil is flat. Job # just amazing.... let’s see if ES can get to 2939 and hold.... remember without 2939 everything is possible so don’t get emotional....

  • #2

    Bob Loukas‏ @BobLoukas
    FollowingFollowing @BobLoukas

    More
    U.S. APRIL PAYROLLS RISE 263,000, JOBLESS RATE FALLS TO 3.6% Wasn't long ago when the feed talked about the "quality" of the job growth? Fake growth etc. Now we're only "winning".

    Comment


    • #3
      Bob Loukas‏ @BobLoukas
      FollowingFollowing @BobLoukas

      More
      #Gold Weekly Cycle Decline still in force. Looks like a $4k per contract potential remains, wrong above $1,284 spot.

      Comment


      • #4
        Bob Loukas‏ @BobLoukas
        FollowingFollowing @BobLoukas

        More
        #Bitcoin 4hr still shows higher highs and lows. #uptrend - New highs for Cycle A nice uptrend that is probably near some resistance and overbought. But sentiment seem to be in check. Taking some (trading) profit smart, shorting dumb.

        Comment


        • #5
          resistance is 2935. If it fails then a rally to and above 2961 will follow. If resistance holds a drop to 2875 will be in the cards.Carl Futia.

          Comment


          • #6
            Futia:

            http://carlfutia.blogspot.com/

            Comment


            • #7
              Fear & greed:

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

              Comment


              • #8
                A current Bitcoin price:

                https://www.google.com/search?q=bitc...hrome&ie=UTF-8

                Comment


                • #9
                  The ‘surprisingly weak’ 20k NFP in February has now been revised up to 56k, followed by 189k in March and today’s 263k for April. Avg over the past 12 mo = 218k

                  Comment


                  • #10
                    Stocks:

                    https://twitter.com/LMT978/status/1124145101163380736

                    Comment


                    • #11
                      Silver:

                      https://twitter.com/AdamMancini4/sta...12937533988869

                      Comment


                      • #12
                        https://www.bloomberg.com/news/artic...2018-breakdown About BTC

                        Comment


                        • #13
                          Hi all, still alive. I hope everyone is doing well... been so buy, I have made only a handful of trades all year so far. Keeps me from losing money

                          Comment


                          • #14
                            Well I am back, after sitting out the IC decline for gold. I said gold's low would come last week, so I was wrong on that front, but only by about 30 cents.

                            The miners are reacting poorly to gold's up move today as well. It strongly suggests that we could have further weakness ahead, although nothing is written in stone.

                            I am going to go out on a limb and say gold's low was struck this week. That being said, the miners could continue to make lower lows even as gold makes headway.

                            One stock that has me a bit concerned is AUY, which I do own. It has been decimated the last few weeks, and today it is barely positive and could close red for all I know with gold up $8-9. That is pretty depressing action and doesn't bode well for a screaming V-shaped type move in the miners.

                            If the miners do make an advance from here, it is probably going to come out of know where and after a long slog and potentially very scary down move, sort of like what happened in January 2016. I hope I am wrong, but there is absolutely nothing on the charts to suggest some huge upwards burst is about to take place. Just the opposite, by conventional charting methods. The charts have broken down, and none of the the key MAs has offered any type of support whatsoever. In summary, the misery in the sector continues, all in the face of record new highs in the conventional markets.

                            Comment


                            • #15
                              /ES Above 2939, Es needs 2951 2955 2966 2974

                              Comment


                              • #16
                                Currencies: Today’s currency action is the confirmation I have been waiting for almost two weeks. The Post-Fed reaction was the headfake, the real move has now begun. Mark today’s date, it’s the confirmation of my Cyan Consolidation. Put on your seatbelts, choppy ride ahead

                                Comment


                                • #17


                                  Daily $TNX : 10YR #Treasury #Bonds backtesting a key support (remember yields inverse). Not only is it backtesting the 50MA, it’s also backtesting orange TL. What happens on Monday is key for the 10YR. A reversal here means TLT would rally. $ZN #TLT #bond #yields #USD #TNX

                                  Comment


                                  • #18
                                    Got a few 191 $ QQQ 10 MAY CALLS at 15.20 pm.I think we got DCL yesterday.

                                    Comment


                                    • #19
                                      #Corn Daily: New Chart! Corn has been in a very long 12mo symmetrical wedge. Now attempting to breakout with a green hammer just under Blue TL resistance / 20MA #Agriculture #AgTwitter #ethanol #farming

                                      Comment


                                      • #20
                                        #Lumber Weekly: New Chart! $LBS in a 12mo descending triangle. So far green holding as support on closing basis. $LB could potentially brekeout, needs time #construction #housing #realestate #homebuilders

                                        Comment


                                        • #21
                                          #USDJPY Daily: $USDJPY realized today my upper orange TL was actually off & not touching previous fall tops. Realigned all tops, now makes much more sense now. Extended dashed orange too. Added purple support TL too. Lower BB now falling $JPY #JPY #Yen #FX #FOREX

                                          Comment


                                          • #22
                                            NYMO:

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

                                            Comment


                                            • #23
                                              NAMO:

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

                                              Comment


                                              • #24
                                                Bitcoin:

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

                                                Comment


                                                • #25


                                                  $WTIC Daily: #WTI so far light blue holding on closing basis (just above Lower BB). Still small chance of a tall long tail hammer bottom off purple TL/200MA but for now on closing basis expecting to choppy drift higher once plateau bottom is in $CL $OIL $WTI #WTIC #OPEC

                                                  Comment


                                                  • #26
                                                    $USD Daily: #USD finally triggered signal I’ve been waiting for 2 weeks. I genuinely believe 200MA will finally fail on this pullback. The reaction may have been delayed but transition from hawkish hiking to dovish (cyan) consolidation has now begun #DXY $DXY #FX #forex #dollar

                                                    Comment


                                                    • #27
                                                      Weekly $GOLD: #GOLD forming a strong base here (purple) for a rally on weekly, very similar to previous cyan circle last year. With DXY topping out, this has room to run. Next weeks candle must be green hammer to confirm in ST. LT bearish outlook unchanged #GC $GC $GLD #GLD

                                                      Comment


                                                      • #28
                                                        #GOLD Daily: $GOLD bugs have good news... DXY finally confirming thus orange TL has held. Suspecting support under metals ~1270 floor. As long as DXY retreats here (as it should), 1310+ now in the cards in next 2-3 weeks #GDX $GC #GC #GLD $GLD

                                                        Comment


                                                        • #29
                                                          $EURUSD Daily: #EURUSD green hammer FINALLY came. Higher 2nd low on both price action & Stochs as well. MACD curling in a bottom. I know this is a bold call, but predicting rally to green circle in next 10-12 trading days , yes 200MA possible this rally #EURO #FX #FOREX $EUR

                                                          Comment


                                                          • #30
                                                            Daily $CADCHF : #CADCHF inverted hammer of blue TL rejection could be the final nail in the coffin . As long a blue holds here, false brakeout will confirm & orange TL support should fail, AUDCAD also hinting this is the case ... #FX #Forex #CADCHF $CAD $CHF #swiss #franc

                                                            Comment


                                                            • #31
                                                              $AUDCAD Daily: #AUDCAD 5 wave count too sloppy to plot, but same outcome applies. AUDCAD basing at Blue formation support. Green circle target still in effect as long as blue holds. Stochs bottoming out. CADCHF confirming as well #AUD $AUD #FX #FOREX #Aussie #Canadian #dollar

                                                              Comment


                                                              • #32
                                                                MrMiyagi‏ @MrMiyagann
                                                                FollowingFollowing @MrMiyagann

                                                                More
                                                                $RUT leads down $RUT leads up? If that's the case... maybe a big break higher starting next week. $SPX $SPY $IWM $QQQ $TRIN $VIX $DIA $IYT $XLE $XLF $TSLA $ANET $BYND $TNDM $USO $USD $WTIC $AMZN $AAPL $NIO

                                                                Comment


                                                                • #33


                                                                  Raise you my black candle reversals on GDX (cyan circles). Usually results in ST reversals

                                                                  Comment


                                                                  • #34
                                                                    Yes son :

                                                                    What’s a gold bug ?

                                                                    https://en.wikipedia.org/wiki/Gold_bug

                                                                    “However, such persons are widely dismissed as cranks and their beliefs as fringe by reputable economists, business leaders and government officials.[8][9][10]”

                                                                    Comment


                                                                    • #35
                                                                      Absolute Sure Fire Winner

                                                                      Fullgoldcrown
                                                                      Who’s up for a little TNA ?

                                                                      No Not that kind of T&A !



                                                                      This is one superb set up here.

                                                                      TNA is the 3X Russel Small Cap ETF


                                                                      Comment

                                                                      Market Data

                                                                      Collapse

                                                                      Sponsor

                                                                      Collapse

                                                                      Gold Markets

                                                                      Collapse


                                                                      Investor Tube

                                                                      Collapse

                                                                      Sponsor

                                                                      Collapse
                                                                      Working...
                                                                      X