Category Archives: Misc. Setups
This is purely a short term technical play. The fed chairman is maintaining a dovish stance, so from a macro standpoint, interest rates are not expected to rise any time soon. Long around the 64.5 area. Advertisements
This post is a bit different to the other material I’ve submitted on this blog. I wanted to try and evaluate different strategies for sector/asset class rotations based on certain criteria such as performance etc. I have been playing around … Continue reading
Click here to view the chart. – Potential bullish butterfly emerging on the 4 hour time frame – Could reverse off Zone 1 (previous demand zone 1) – in that case it wouldn’t be a valid butterfly. – Reversing off … Continue reading
Click here to view the chart. – Approaching an area of demand. – Confluence with the 50% Fib retracement of the AB move up – Price also approaching the 200 SMA Observe price action (candlestick formations etc.) once price reaches the level.
Click here to view the chart. The “Softs” (such as coffee, cotton, sugar, orange juice etc.) have been beaten down significantly over the past 18 months or so. Expecting a move up in this sector in the near to medium term. Looking to play this via … Continue reading
Click here to view the chart. – GLD approaching a demand zone on a daily chart (support) – Area also confluences with the 200 SMA & the 50% Fib Retracement from the last significant move up (AB). Would look for … Continue reading