Posted by SaharaCharts on 5th of Feb 2020 at 05:06 am
$Copper -
1) - Pushed off from its 4Hr/Blue & popped the 'Broadening'
Plot...
2) - Turned from the lwr-line, yet caution as the decline was
brutal...
3) - I adjusted the uppr 'wedge' line to put us in the final
wave here, where a tag of lwr-line is not compulsory, but could
occur, & even overthrow...
4) - And the 'Coil' with the pot'l 'H&S' obj in
red...
Posted by SaharaCharts on 5th of Feb 2020 at 04:30 am
$oil -
Found spprt again at the lwr-line keeping the 'Wedge'
alive...
Note the turn came from around the line I had positioned way
back for the 'Ending Diagonal' An 'Inverted Hammer' is being
bullishly formed, which should give a nice bounce for red-ii or
perhaps something more bullish...
USO - Had a pop & B/Tag of its Divergent Squeezed 'Wedge'
holding the lwr channel-line...
4) - kly shows that ole channel line that has been acting as
spprt being breached, but is it recovering/?...
Posted by SaharaCharts on 4th of Feb 2020 at 10:52 am
$Oil -
Rejection from the uppr-line. Now to see if it wants to shower
down to new lows negating the 'Wedge' or just working the final
wave in the 'Wedge'/?...
Posted by SaharaCharts on 3rd of Feb 2020 at 08:11 am
$GDX -
1) - Struggling just under the significant $30 level still.
Those using the uppr trailing stops could add an additional one if
they want or use the Daily/MA's as a tighter exit...
2) - For now holding the 'Curve' line...
3) - And holding within the channel...
4) - Holding the Wkly/Blue eyeing the hghr Obj...
5) - May need to yet conclude blue i-ii...Otherwise we could see
a pulse thru the res-level...
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$Gold - 1) - Green Circle1-2
Posted by SaharaCharts on 5th of Feb 2020 at 06:36 am
$Gold -
1) - Green Circle1-2 (1)-(2)/?...
2) - Tripping the tighter Daily MA's & 1st Trailing Stop for those that wanted a sooner exit. At the DSR see if it can find spprt from there...
3) - Bull-Count considering there may be a bit more downside first...
4) - Crunch-time...
$Copper - 1) - Pushed off
Posted by SaharaCharts on 5th of Feb 2020 at 05:06 am
$Copper -
1) - Pushed off from its 4Hr/Blue & popped the 'Broadening' Plot...
2) - Turned from the lwr-line, yet caution as the decline was brutal...
3) - I adjusted the uppr 'wedge' line to put us in the final wave here, where a tag of lwr-line is not compulsory, but could occur, & even overthrow...
4) - And the 'Coil' with the pot'l 'H&S' obj in red...
$oil - Found spprt again at
Posted by SaharaCharts on 5th of Feb 2020 at 04:30 am
$oil -
Found spprt again at the lwr-line keeping the 'Wedge' alive...
Note the turn came from around the line I had positioned way back for the 'Ending Diagonal' An 'Inverted Hammer' is being bullishly formed, which should give a nice bounce for red-ii or perhaps something more bullish...
USO - Had a pop & B/Tag of its Divergent Squeezed 'Wedge' holding the lwr channel-line...
4) - kly shows that ole channel line that has been acting as spprt being breached, but is it recovering/?...
$SPX - 1) - A B/Out
Posted by SaharaCharts on 5th of Feb 2020 at 04:12 am
$SPX -
1) - A B/Out of another 'Broadening' Plot. This time to the upside. But will it be a pop-n-drop/?...
2) - If Blue Wave-(iv) is complete then we are off in the final wave-(v), but a deeper wave-(iv) cannot be ruled out just yet...
3) - Mrkt/Hrs is still within its 'Broadening' Plot shown in red...
4) - Current push after hrs suggests it will pop the ole channel spprt & head to the Obj's for that w-(1) of (v) I showed in chart 2)...
Looking at the Wkly Line-Chart
$PALL -Wkly 'Engulfing' lol...
Posted by SaharaCharts on 4th of Feb 2020 at 12:24 pm
Looking at the Wkly Line-Chart Matt, it has bumped its uppr channel-lines, Yet to update here but is over 1400. But yeh see where it settles...
Has another confluence of Fib/Ext'ns around its 2750 level if it ca pop this one...
$PALL - Wkly 'Engulfing' lol...
Posted by SaharaCharts on 4th of Feb 2020 at 11:50 am
$PALL -
Wkly 'Engulfing' lol...
$NG - Clinging on to the
Posted by SaharaCharts on 4th of Feb 2020 at 11:09 am
$NG -
Clinging on to the lwr-line of the Widening Plot & trrying to regain its 4hr/Blue...
UNG - Deciding to take the 'truncation' for a 'DB'...
But b4 getting too excited has its lat-line to recover still...
$Copper - Fell from it Bull
Posted by SaharaCharts on 4th of Feb 2020 at 11:03 am
$Copper -
Fell from it Bull 'Wedge' Obj's negating the lrgr Pattern B/out...
Popped its immediate tight d/trend channel & recovered its 4Hr/Blue which now needs to hold as spprt...
FCX is back at the Blue-Buffer after finding spprt at its lngr-term Daily/Ma's...
COPX - Tripped its 2nd Trailing Stop losing its lngr-term Daily/MAs which are now considered a barrier to overcome...
WRN - Is looking for spprt off the lwr-line...
$Oil - Rejection from the uppr-line.
Posted by SaharaCharts on 4th of Feb 2020 at 10:52 am
$Oil -
Rejection from the uppr-line. Now to see if it wants to shower down to new lows negating the 'Wedge' or just working the final wave in the 'Wedge'/?...
$SPX - Bull 'Wedge' in-play...But
Posted by SaharaCharts on 4th of Feb 2020 at 10:43 am
$SPX -
Bull 'Wedge' in-play...But watch the lwr channel-line for pot'l rebuttal point...
$SMOG - Pushing on up &
Posted by SaharaCharts on 4th of Feb 2020 at 10:35 am
$SMOG -
Pushing on up & rang the next bell...
May need to rest for a while...
$TSLA - Bell Ringer...
Posted by SaharaCharts on 4th of Feb 2020 at 04:47 am
$TSLA -
Bell Ringer...
$NG - Trying to hold the
Posted by SaharaCharts on 3rd of Feb 2020 at 12:58 pm
$NG -
Trying to hold the recovered lwr-line...
UNG - Shows the Squeeze & the pot'l for a 'Truncated' final wave in the 'Wedge' for a 'DB/?...
$SPX - Recovered its Hrly/Purple
Posted by SaharaCharts on 3rd of Feb 2020 at 12:45 pm
$SPX - Recovered its Hrly/Purple & 2hr Dotted-Grey, so look to them for spprt...
$Oil - Squeeze to my final
Posted by SaharaCharts on 3rd of Feb 2020 at 12:42 pm
$Oil -
Squeeze to my final Obj...An 'Ending Diagonal' to complete Red-(5)/?
USO - Squeeze into its lwr channel-line...
Here is the Mthly chart
$SPX - 1) - Bull 'Wedge' I mentioned Friday went on ...
Posted by SaharaCharts on 3rd of Feb 2020 at 08:18 am
Here is the Mthly chart I meant to post for No 5)...
Cheers.
$Oil - Not quite down to my final Obj from the ...
Posted by SaharaCharts on 3rd of Feb 2020 at 08:12 am
Cheers.
$GDX - 1) - Struggling just
Posted by SaharaCharts on 3rd of Feb 2020 at 08:11 am
$GDX -
1) - Struggling just under the significant $30 level still. Those using the uppr trailing stops could add an additional one if they want or use the Daily/MA's as a tighter exit...
2) - For now holding the 'Curve' line...
3) - And holding within the channel...
4) - Holding the Wkly/Blue eyeing the hghr Obj...
5) - May need to yet conclude blue i-ii...Otherwise we could see a pulse thru the res-level...
$Gold - 1) - Watch the
Posted by SaharaCharts on 3rd of Feb 2020 at 07:53 am
$Gold -
1) - Watch the Bear 'Wedge' implying a pot'l top for now...
2) - Those using the uppr trailing stops could add a couple more...
3) - Could count either a 3 or 5-wave decline from the top. On a line chart looks more like 3...
4) - 4hr 'Hammer' over its MA's...
5) - And we got a pop of the Res-Line last week...
Silver
Posted by SaharaCharts on 3rd of Feb 2020 at 07:36 am
$Silver -
1) - The turn from the lwr-line. MA's & 62/Fib was rejected on first tag of the uppr-line. See if the amber/MA's are supportive...
2) - Otherwise it will want a deeper correction for W-ii...
3) - Holding or losing its 4Hr/Blue would be a clue...
4 5) - Uppr-lines are the levels that have been restricting the advance...