JesseL

JesseL

This is my version of the numerous Bitcoin projections that I have seen on a variety of YouTube channels. It uses the BLX BraveNewCoin Liquid Index that goes back to 2011, and the Bitcoin Log Growth Curves Indicator found in Trading View. I am curious to see if the repeating cycles will hold true for the coming year.

JesseL

The day that Jerome Powell uttered those words, the stock markets began their current decline. From where we stand right now, I expect the current correction to accelerate into a full blown crash to occur in 2019, and we will soon see a Fed reversal in policy. "After the dotcom bubble, the Nasdaq plunged 78%. Wave after wave of dip buyers were rewarded with...

JesseL Updated 

People have been rushing out of Facebook, Apple, Amazon, Netflix, and Google for the past few months and piling into Tesla. This is not going to end well when a recession starts in 2019, and the auto sector caves in on weak sales. Tesla will not survive in that scenario. Do people really believe a high end car company selling luxury electric vehicles for...

JesseL

After reading the article noted below, I decided to plot USDCNY, XAUCNY and GOLD, overlayed on a chart showing the computed value of XAUCNY divided by USDCNY. It strikingly shows the correlation between the two pairs, and how it accurately aligns with the XAUUSD (Gold) valuations. That being said, it would make sense to watch the Chinese Yuan closely to get a...

JesseL Updated 

Two of my favorite bloggers (Gary Savage and Jason Goepfert), are sounding the alarm for a potential short squeeze in Gold and Silver. All the puzzle pieces are coming together, and it appears that a Big rally is coming soon to the Gold and Silver markets. The Weekly charts are showing extremes in the Linear Regression Curve (LRC), Parabolic Stop and Reverse...

JesseL Updated 

COT Reports is looking good for a turnaround to begin around Mid-August. The Commitment of Traders (COT) reports show futures traders’ positions at the close of (usually) Tuesday’s trading session. The report is prepared by the Commodity Futures Trading Commission (CFTC). It is an excellent trading tool and can be used as an indicator for analyzing market...

JesseL Updated 

Gold is solidly tied to the Yuan for the past few years and has intensified since Mid-June when trade wars threats begin to materialize with China. Inverse relation has a very distinct pattern. When USDCNY rises, Gold falls, When USDCNY falls, Gold rises.

JesseL Updated 

Slow and steady climb up to the peak of the tracks, followed by a chaotic series of ups and downs. Will the Trump Tariffs be the straw that broke the camels back? Worst Case Scenario Entry Points: 1. Market crash scenario: buy the S&P at 2180, down 16% from today. 2. Recession scare: buy the S&P anywhere from 1775 to 2025, down 22-32% from today. 3....

JesseL

Many people claim that the Silver to Gold Ratio is predictive and that at certain times silver and gold can become over/under priced relative to each other. If that is the case, then extreme over/under price valuations can be used to time swaps between gold and silver ownership, and you should be able to sell one metal when it’s overpriced and invest the...

JesseL Updated 

I am standing by the exit door in the burning theater....

JesseL

I recently have been back testing a strategy to effectively manage swing trades based on turning points in the COT Reports and swings in the Slope of the 5 Day Regression Trend Line. In the above chart, I have noted the days (black lines) where the COT Reports mark a peak pivot point when Managed Money sentiment shifts from positive to negative and switches from...

JesseL Updated 

Keep an eye on the M_Money Long Holdings as shown on the Gold COT Reports that come out every Friday. www.tradingster.com M_Money holding generally spike in line with Gold prices, and the last Fridays report is showing signs of peaking once again. This Fridays report will likely show the M_Money peak will likely happen today (8/21/2017). For those who are...

JesseL

The EMA Ribbon shows a confirmed pivot point for Gold with all the Exponential Moving Averages turning down as of Friday. Be prepared for an extended drop for 3-4 weeks.

JesseL

GDXJ appears to be at a short term tipping point and could be ready to roll over by the close of the day. The PSAR is getting stretched and will flip in the next few hours as the bankers continue to pressure the bears exit their positions. Still holding my short positions until next week.

JesseL Updated 

I consistently use the Heiken Ashi charts to better visualize the trends in high leverage ETF's because these charts filter out a lot of the day to day noise and they provides a nice snapshot of the peaks and valleys which are key trading points to time you entry and exits. The above chart illustrates the trend reversal that is happening after the FOMC raised...

JesseL Updated 

June 6th, Gold broke above the long term trend line that started with the peak on 9/05/2011, and has now reversed back below this trend line. It is currently trending dowward for a full month as of June 30th. June 30th, Gold finally broke below the short term trend line beginning with the recent low on 12/14/2016, after bouncing off it on the 18th and 26th. It is...

JesseL

Here's a chart that shows the days when Swap/Prod shorts hit their peaks on the GOLD-COT Report. Purple lines plotted against XAU show that prices dropped every time Swap/Prod started reducing their short positions. Producer shorts last week were sitting at 192,484, which was the highest since Jan-2013. This week Producer Shorts dropped to183,073. Will...

JesseL

As of last Friday 6/2/2017, Gold has pushed upward in a steady trend line that is beginning to show signs of topping out. The miners on the other hand have been showing a definite weakness for the past few weeks, in direct opposition to Gold. Pay attention to what the miners are saying. The entire metal sector is flashing warning signs, and gold and silver will...