Watchout for the Options Chain of this week. We should see a major move till Thursday with a correction back to 16 by Friday.
6000 till next Summer should be in, and follows long term Trend...
Seems to be a classical motif... A clear long till middle of November.
Watchout for the Oct. 20th Option Chain ! 20 seem to be reasonable as initial target.
From the Whykhoffian view Target range is 45-50 EUR and from Elliot View nest Stop should be 25 Region. Good luck in Trading
From the Wykhoff View this could be a once in a lifetime Chance. Accumulate as much as you can. Target above 100 !!!
Whatever the Katalysator will be, we might see 35-36 really soon.
Afterwards back to rally mode and 17 as Targer for 6th Sept. 19 for 13th Sept...
Deja Vue... 70% in a few months should be possible.
It's gonna be a major move (deja vue).... should double till December.
Was just a gap close. Get back to the short side... 28 by EOW
With COT data back online again, we MUST say that the better chance is is on the short side. Also Concentration Ratios of big 4/8 point to that direction. Sorry Bull's...A little bit like the Brexit/Trump squeeze...
Concentration Ratio of the biggest 4 Traders is at critical Level. Should see a drop towards 15-16 soon.
Staying lt bullish for Barrick, but we might see a drop to 11.50.
Looks very much like 2008 Peak. Should see bottom in April 2023. Need to expect that PM Commodities will outperform afterwards but now staying on short side.
40 % Correction ahead. Or an Inflationary Shock with Crude 50 & up and Fed Fund Rate to 8... Chose what you like more!
Developed well, but with correlation to Brent time for a correction.
Most likely we will not see a break of long term resistance. It's rather 18 than above 28.