reluctantplumber

reluctantplumber Updated 

200 day well tested (maybe too well) 1st gap filled - closing here today gives us a higher low and higher high since April start. May wait for a pullback first.

reluctantplumber Updated 

While the most recent bounce is likely due mostly to lip smacking from Trump and Kim, We can see that the old bear trend has provided support. Something tells me that money managers will start to take a defensive stance very soon...

reluctantplumber

Tax cuts will help but they are too late.

reluctantplumber Updated 

Lets face it DXY has been hammered, time for a bounce over the next several weeks

reluctantplumber

I expect a multi day decline here to the most recent .5, right about the 6 month ma before a re-test of 1250 ish

reluctantplumber

The stares seem to be aligned for at least a small bull run to 1250ish - still possible imho that we revisit the bottom of the brown channel - i still think the brown channel is real

reluctantplumber Updated 

Still watching for a failure of the aggressive green channel, The hidden Blue diagonal is still proving itself as relevant - I think a failure of the green channel will send us to test the bottom rail of the brown channel before year end.

reluctantplumber

Maybe some of you already found it but this line was hidden to me until today. I think it carries a great deal of weight.

reluctantplumber

Short term long for the small right shoulder - We should know by mid summer if the green channel is real - The black channel is real

reluctantplumber

My chart idea says short, but I am waiting to see....

reluctantplumber

It's just due man

reluctantplumber

The economy has been slowing since 2015 - bank earnings will begin to show the slow down in April

reluctantplumber

A very old line still carries a-lot of weight

reluctantplumber Updated 

Adding today, If 1291 does not hold next week I'm a seller.

reluctantplumber

I like high quality miners - newmont, abx, ....

reluctantplumber

Just my take

reluctantplumber

Just an observation

reluctantplumber

Play safe out there