240 Coming up on significant weekly technicals – watching for reaction. Positive pressure remains strong. Note movement between the purple dashed and thick blue dashed Fib extension levels – the market appears to have been following these nicely – they offer technical trigger considerations for entries and targets, stops. 60 Here we can see […]
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Nov 22
Daily 10:20am Market has reach a significant technical and is respecting it at lower levels – dark green s/r from the lowest low. Breaking through or bouncing off could see a significant move as we can see has occurred previously. 240 Green s/r from daily chart can be seen here as the green s/r that […]
KRUGMAN’S ALIENS HAVE ARRIVED – THEY ARE CALLED “TRUMPONOMISTS”
KRUGMAN’S ALIENS HAVE ARRIVED – THEY ARE CALLED “TRUMPONOMISTS” Gordon T Long, Co-Founder of MATASII.com sat down with John Rubino to get his views on what the new Trump Administration and its “Trumponomics” policies will mean to the markets and investment strategies in 2017. Here are a few of John’s current views on some of […]
Nov 21st
60min 1030am The right shoulder being watched for never materializes and the potential head and shoulder pattern doesn’t occur. Lift continues to the next Fib level (purple) where we can see it finds resistance and pulls back to the 13ma LBB and a blue Fib level. Bouncing, the market moves back to previous high, finding […]
THE REAL BARRIER TO TRUMP’S ECONOMIC POLICIES!
THE REAL BARRIER TO TRUMP’S ECONOMIC POLICIES! Gordon T Long, Co-Founder of MATASII.com sat down with Mish Shedlock to get his views on what the new Trump Administration and its “Trumponomics” policies will mean to the markets and investment strategies in 2017. Here are a few of Mish’s current views on some of the Key […]
Nov 18
60min 1050am Watching corrective pattern to see how it will unfold. Several possibilities exist. A move back to yellow highlighted area (previous pattern lows) is likely. Watching for potential head and shoulders pattern with the neckline the grey channel bottom the market is currently in. IF this develops then a spike through previous lows is […]
Nov 17 Recap
240 10:30am Market dropped down in to target and bounced. Corrective started, now watching to see how it will develop. Potential paths are given – other consideration is back to high. Daily Here we see the market spiked up through the green dashed channel resistance and fell off; then bounced at the previous channel […]
Nov 16
240 1030am Market had lifted in to next target and found resistance at purple Fib level. Currently pulled back to the 13ma; watching for support. If support fails, then we would look for a move to the 34ma. Next purple s/r and blue dashed Fib level are to be watched along with the rising 34ma. […]
Nov 15
240 10:15am The market found resistance at the grey s/r zone and lifted in to the next HPTZ. Some resistance above that still needs to be move through, however the daily below shows a clear break of the larger daily pattern. Pullback and retest of pattern would be normal market movement. Daily The market has […]
Nov 14th
240 10:15am Watching for potential double top patterns and another drop down that could continue the large red wedge pattern. Note previous double tops. Another lift to red pattern resistance possible for 2nd top of current pattern. For more lift we would like to see the current grey resistance become support. If red pattern resistance […]