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Some insights panned out, not all. Nevertheless, the red path was dead on top and bottom. Inebriated mania severed by a wyckoff top. The weight of the Monthly MACD momentum spike happened to tip price over, corroborated by price drifting underneath the 12 EMA. These were the signals. These signals are reversed now. Momentum is poised. 12 EMA...

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From the bottom of a bull blood caked dish, a long draw ahead. Top producers: ARC Resources Cenovus Range Resources Baytex

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The S&P has proven itself a safe haven over the years and will likely continue doing so. There are a ton of reasons why the markets should collapse, nonetheless here we are rallying into the sunset. Taking a step back on the logarithmic scale we can see the pattern clearly. We are in the midst of a 3rd wave up with plenty of room to run... but where to? Near term...

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A decisive moment draws near as a familiar, but forgotten trend incredulously appears. Outlined in "S&squeezed" linked below, caution was appropriate until new highs were confirmed. Enough time has passed. The carcasses of blown accounts can serve as a launch pad to revisit the fib that was lost at 4500. This is now underway. Soon to find out which way...

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Once-a-day obesity pill en route. Expect the share price to swell with the anticipation over the years, to the tune of 200%. Standard 1.618 long term extensions all but guaranteed.

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Here lies the sought edge. source: FASTgraphs The gray price band represents actual value with oil at current price up to $100+

trade-God Updated 

Based on the previous CoT report, asset managers are short the Real Estate index 9,247 contracts which is 1,184% more than their average in 2020, and 840% more than their average 2019 positioning. Large deviations in asset manager positioning are good indicators of sentiment and risk. For example, asset managers increased long positioning in the Energy sector...

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The current copper setup is a steal. Looking back we find copper price action is in a similar position to that of 2005. Overhead resistance above can give a rough estimate of a top should prices continue to break higher The weekly MACD is almost too perfect. Suspicious maybe. Nonetheless, support is $4.00 and only a sustained break below would arrest this...

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Pour yourself a glass of Goldschläger and let's review the 12 steps before diving into this. 1. We admitted that we were powerless over the Fed -- that our balance sheet had become unmanageable. 2. Came to believe that a Power greater than our central bank could restore us to solvency. 3. Made a decision to turn our fiat over to the care of sound money, as we...

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Bitcoin is a symbolic play against the House in a game of blackjack, hence the 21 million limit. The player soon finds the odds are stacked against him despite his enthusiasm Looking at the stack you find some things aside from the momentum indicators rolling over A. How euphoric does a market need to be to create laser eyes? 2. Or a president of a country...

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All year EQT, an unloved natural gas producer has been a swing trader's paradise. I've harvested so many gains from these E-cutie trees I thought I'd make a thread just for it and post trading updates. The macro technical picture is clear. Years of being battered by shorts ended with capitulation in 2020, followed by a swift rebound. Fundamentals are tightening....

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With elevated rates it's an unattractive path forward in lieu of a squeezed blow off. Real value in the gray band source: FASTgraphs

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Gray is actual value and price targets excluding lean to plump dividends. source: FASTgraphs

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Like a shiny bright Dodge Charger ready to fly and meet gravity. Operating income peaked at 500M in the midst of an auto bubble. Sitting on 5.4B in debt with higher rates. $66 looks better. Otherwise this goes sideways indefinitely.

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Zoom on track to rise from the dead as it reaches a fair value determined by the Graham Lynch model back in 2021. As pointed out prior to the looming bubble pop Tipping momentum is indicated by the MACD reaching up to the zero bound amidst price decline A retrace towards 200 is the near term target

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The latest Commitment of Traders report shows funds are still very short compared to the 2020 average. Real estate shorts are still somewhat high but no where near as high as on the Nikkei I'm releasing my CoT analysis dashboard using the netflify platform for those who would like to see it. Trading view does not like anyone sharing URLs from what I remember so...

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The probability of a tech recovery is increasing. The sky isn't falling yet and inflation is going to be assumed to be peaking. Plus the end of the pandemic is in sight. Sentiment might start to shift soon. There are risks, as there always are, but they can be delayed much longer than expected and aren't much different than usual. Here are some names I am...

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After the sellers dry up BABA should rub out a nice rally China is easing monetary policy Price supported at the 0.768 fib retracement and the MACD is curling up Look for a higher high on the MACD, another dip in price, and a breakout of the down trend