1) - Has recovered the lwr-line within the d/trend channel
leaving a hghr-low with an 'Harami' being confirmed...
2) - Here we see the lrgr 'Megaphone' where it is trying to find
a bottom, has the Orange & Daily/Stepped-Red (DSR) to overcome
in order to exit the d/trend channel, otherwise the lwr dotted-line
may be the low that is required/?...
3) - We took advantage of a buy level here at a lwr-line of a
lrgr Bull Plot...
4) - Others wanting more secure entry will have to pay more if
it breaks above the 'Doji' type candle this week, with a stop below
the 'Doji', but have less chance of being whipped perhaps...
Posted by SaharaCharts on 3rd of Feb 2020 at 05:29 am
China -
$SSEC - First day close after the holiday with a -7%
decline...
HSI - Gained a tad 0.35% Looking for spprt at the lwr-line of
the 'Coil'...
The Shenzhen composite declined over 8%...See what effect the
massive cash injection will have...'The
People’s Bank
of Chinaannounced Sunday that it will inject 1.2 trillion yuan
(approx. $173 billion) worth of liquidity into the markets via open
market reverse repo operations.'
Posted by SaharaCharts on 2nd of Feb 2020 at 08:07 am
Happy Palindrome & Calindrome Day
This one significant as it not only reads the same back to front
on our calendar but also on all other world calendars that use the
day/month/year format. Also in many Asian countries where they
place the year at the front. And, will never happen again
The last time this occurred was way back in 1111.
Also on Superbowl Sunday & Groundhog Day...And what is
perhaps more intriguing is that this occurs on the 2nd anniversary
of the Dows mysterious 666 drop. Also it is appearing on a
significant masonic day being the 33rd day of the year with 333
days left in the year.
Posted by SaharaCharts on 31st of Jan 2020 at 01:31 pm
Main difference as far as I know for spot and futures prices are
the delivery dates...And I know here in London there are issues
with physical settlement in Palladium so whether this has had a
contagion effect for spot price/?
Posted by SaharaCharts on 30th of Jan 2020 at 05:32 am
$Copper Stocks...
FCX - Fail from the pop of the 'Diamond was a clue, & it
slipped its Blue-Buffer & 1st Trailing Stop, Trying to find
spprt at its 100/150/200-MA's...
COPX - Petered out under its 500 turning & tripping the
tighter MA stops & its first two trailing stops...
WRN -Since failing at the uppr 'Coil' & .80 B/Out level has
slipped all the way back to 0.64 where it plotted an 'Harami' but
failed yesterday to establish it...
The community is delayed by three days for non registered users.
$BTC - Holding at the lat
Posted by SaharaCharts on 3rd of Feb 2020 at 06:36 am
$BTC -
Holding at the lat res-level above its Purple. Added a trailing stop, tighter stops can be the Daily/MA's ..
It may want to put in a RS from the res-line...
10000 is a magnet...
Natgas
Posted by SaharaCharts on 3rd of Feb 2020 at 06:15 am
$NG -
1) - Has recovered the lwr-line within the d/trend channel leaving a hghr-low with an 'Harami' being confirmed...
2) - Here we see the lrgr 'Megaphone' where it is trying to find a bottom, has the Orange & Daily/Stepped-Red (DSR) to overcome in order to exit the d/trend channel, otherwise the lwr dotted-line may be the low that is required/?...
3) - We took advantage of a buy level here at a lwr-line of a lrgr Bull Plot...
4) - Others wanting more secure entry will have to pay more if it breaks above the 'Doji' type candle this week, with a stop below the 'Doji', but have less chance of being whipped perhaps...
5) - As it is definitely not without risks...
$Oil - Not quite down to
Posted by SaharaCharts on 3rd of Feb 2020 at 06:00 am
$Oil -
Not quite down to my final Obj from the 'Broadening' Plot, as it held at the lateral spprt-line...
Recall it did lose the sloping spprt-line tho, & unless it recovers, has the pot'l for a deeper decline...
Also I have been watching the B/tag of the d/trend channel & so far that is holding...
Otherwise - As I say the deeper decline to the 'Coil' Obj's will unfold...
$SPX - 1) - Bull 'Wedge'
Posted by SaharaCharts on 3rd of Feb 2020 at 05:43 am
$SPX -
1) - Bull 'Wedge' I mentioned Friday went on to tag the lwr-line & implies a bounce (Which has occurred out of hours)...
2) - This Chanel is under pressure, but can it hold/?...
3) - Any bounce could form a Right Shoulder/?...
4) - Held at the Final Trailing Stop' but has ejected all those using the Daily MA's above its 50...
5) - Mthly 'Shooting Star' Candle. Needs confirming...
China - $SSEC - First day
Posted by SaharaCharts on 3rd of Feb 2020 at 05:29 am
China -
$SSEC - First day close after the holiday with a -7% decline...
HSI - Gained a tad 0.35% Looking for spprt at the lwr-line of the 'Coil'...
The Shenzhen composite declined over 8%...See what effect the massive cash injection will have...'The People’s Bank of Chinaannounced Sunday that it will inject 1.2 trillion yuan (approx. $173 billion) worth of liquidity into the markets via open market reverse repo operations.'
DAX - Slipped its immediate channel... Bear
Posted by SaharaCharts on 3rd of Feb 2020 at 05:05 am
DAX -
Slipped its immediate channel...
Bear 'Wedges' in-play...
Wkly 'Wedge' in-play too - See if we get spprt from the Blue/MA or it could get ugly...
CoronaVirus cure?... https://www.dailymail.co.uk/news/article-7957889/Thai-medics-claim-coronavirus-break-Patient-declared-disease-free-48-hours.html This should help the
Posted by SaharaCharts on 2nd of Feb 2020 at 08:38 am
CoronaVirus cure?...
https://www.dailymail.co.uk/news/article-7957889/Thai-medics-claim-coronavirus-break-Patient-declared-disease-free-48-hours.html
This should help the Hang Seng... https://ca.reuters.com/article/idCAKBN1ZW074?rpc=401&
Happy Palindrome & Calindrome Day This
Posted by SaharaCharts on 2nd of Feb 2020 at 08:07 am
Happy Palindrome & Calindrome Day
This one significant as it not only reads the same back to front on our calendar but also on all other world calendars that use the day/month/year format. Also in many Asian countries where they place the year at the front. And, will never happen again
The last time this occurred was way back in 1111.
Also on Superbowl Sunday & Groundhog Day...And what is perhaps more intriguing is that this occurs on the 2nd anniversary of the Dows mysterious 666 drop. Also it is appearing on a significant masonic day being the 33rd day of the year with 333 days left in the year.
https://youtu.be/4fE_sXZjxng
Main difference as far as
$Gold -Seemingly plotting a divergent Bear 'Wedge' from the Bull ...
Posted by SaharaCharts on 31st of Jan 2020 at 01:31 pm
Main difference as far as I know for spot and futures prices are the delivery dates...And I know here in London there are issues with physical settlement in Palladium so whether this has had a contagion effect for spot price/?
https://www.ft.com/content/0cbe9b3a-3df4-11ea-a01a-bae547046735
$BTC - An Amber warning from
Posted by SaharaCharts on 31st of Jan 2020 at 01:12 pm
$BTC -
An Amber warning from the 'Inside' Day candle. Again use the std/MA's for tighter exits...
Yet for now holding its Daily 5/MA after the B/Out...
$Gold - Seemingly plotting a divergent
Posted by SaharaCharts on 31st of Jan 2020 at 01:07 pm
$Gold -
Seemingly plotting a divergent Bear 'Wedge' from the Bull Plot Obj...
Added another Trailing Stop. Recall also to utilise the Std/MA's for tighter exits...
$Silver - Now needs to hold
Posted by SaharaCharts on 31st of Jan 2020 at 01:01 pm
$Silver -
Now needs to hold this pierce of the MA's. Added a tighter Trailing Stop...
Recall you can use the Std 10/20-MA's as tighter stops...
$SPX - Turned from my 2nd
Posted by SaharaCharts on 31st of Jan 2020 at 12:51 pm
$SPX -
Turned from my 2nd Blue-Arrow, and now looking for spprt at its Purple...
Satisfied the move from the skinny Bear 'Wedge'...Now watch the pot'l Bull 'Wedge'...
It may need a dip of the channel spprt to tag the lwr 'Wedge' line on this candle chart tho...
$Oil - $50 in view...Unless we
Posted by SaharaCharts on 30th of Jan 2020 at 06:11 am
$Oil -
$50 in view...Unless we have a 'Dbl Bottom' here/?...
So far holding its 94/Fib Retrace keeping the bullish hope as an option...
Otherwise it seems likely an 'Ending Diagonal' will play out for the lrgr C-Wave...
Energy
Posted by SaharaCharts on 30th of Jan 2020 at 06:04 am
ENERGY Getting Slammed -
XLE - After failing at its uppr-line & Wkly/100-MA looking for some spprt on the lwr-line of the 'Coil'
XES - Flatlined above the lwr spprt-line...
XEG - Looking for a B/Tag of the B/out anything more would be a concern...
PEY - Flatlining & slipping its Wkly 20 which ideally needs to recover to lessen concerns...
OIH - Looking for a divergent low above the Bull Plot...
ERF - Getting Squeezed...Slipped its lat-spprt level needs to hold the lwr blue-line on a wkly basis...
ECA - HAs a name change to OVV & a 5 for 1 split. Needs to show willing down here at the lwr-line...
APA - Followed thru from the Bearish 'Shooting Star' at its Wkly/100, looking for spprt from its Green...
$Copper Stocks... FCX - Fail from
Posted by SaharaCharts on 30th of Jan 2020 at 05:32 am
$Copper Stocks...
FCX - Fail from the pop of the 'Diamond was a clue, & it slipped its Blue-Buffer & 1st Trailing Stop, Trying to find spprt at its 100/150/200-MA's...
COPX - Petered out under its 500 turning & tripping the tighter MA stops & its first two trailing stops...
WRN -Since failing at the uppr 'Coil' & .80 B/Out level has slipped all the way back to 0.64 where it plotted an 'Harami' but failed yesterday to establish it...
Copper
Posted by SaharaCharts on 30th of Jan 2020 at 05:19 am
$Copper -
1) - Looking for spprt at the parallel channel-line, but any bounce may only be temporary due to the depth of the pullback...
2) - See if the lwr-line of the 'Coil' can come back into play, tho the 62/Fib Retrace looks a juicy target...
3) - I had shown prior the 'H&S' Pot'l which measures down to around $2.00. And here we also see the lrgr 'Coil' with its lwr-line around 2.35...
4) - Shows the disappointing fail of the Bull Plot B/Out, and would seem to be heading back to the congestion zone...
5) - And the failure at the u/trend channel line B/Tag was a clue, & could be the harbinger for the $2.45 level to cave-in...
6) - Still have some hope for a B/Out B/Tag of the conjunction of line &MA...
$BTC - Holding the Purple/MA
Posted by SaharaCharts on 30th of Jan 2020 at 05:01 am
$BTC - Holding the Purple/MA B/Out...
$DAX - Slipped its lwr 'Wedge'
Posted by SaharaCharts on 30th of Jan 2020 at 05:00 am
$DAX -
Slipped its lwr 'Wedge' Line...
Yet Wkly is still in-tact...
$HSI - Dumped another near 3%
Posted by SaharaCharts on 30th of Jan 2020 at 04:19 am
$HSI -
Dumped another near 3% again...