Big demand for indu metals. Or at least price is going up for some reason. Maybe suriv supply problems? Been following this one for a while. Could be a time to buy again. I don't even remember how many times I got in and out in the last 3 months. Not dozens either but more than once or twice. Anyway in general they (real world use metals) go up this year. A...
Bias changed ,Short move is going to resume.
Quantitative Overbought 5% Target
Quantitative Analisis 10% Target
Quantitative Analysis 5% Target
Quantitative Analysis...
Expected Returns 1-Month 5.47 1.70% 3-Month 5.54 2.94% 6-Month 5.57 3.62% 1-Year 6.49. 20.59%
Gold broke out of its pennant pattern a couple of days ago. Either we have a breakdown or a shake out (caught me out at break even) occurring right now just below the 50ma. A similar shake out occurred during the last pennant just before it exploded north. I have bullish leanings for gold, given all the stimulus and extra stimulus coming out of the US. I'll be...
ValuEngine Forecast Models 1-Month 346.99 0.51% 3-Month 352.66 2.15% 6-Month 360.17 4.33%
ValuEngine Forecast Models 1-Month 26.51 0.51% 3-Month 27.11 2.76% 6-Month 27.91 5.79%
BUY LIMIT PRICE:202.41 TP1:206.80 TP2:208.22 TP3:214.61 SL:198 Average price:202.44
Stocks 6-Month Forecast $AMAT 3.34% $BLFS 4.94% $GNTX 2.42% $MLCO 2.58% $TTGT 5.89% $UNP 1.41%
BUY STOP Price:136.45 TP1:137.40 TP2:138.08 TP3:139.69 SL:135.69 Average Price:136.59
Sell Limit price:259.09 TP1:256.76 TP2:254.52 TP3:252.09 The average price for 22 July:255.90
GBP WEAKNESS & UNCERTAINTY? - With Brexit deadline approaching, and socialist Labour party calling for a 2nd referendum - Investors will be wary of their GBP holdings. Descaling positions on the pound will be a likely event in coming future, so an earlier shorting opportunity may be present here. - GBP Quant scores showing a reading of -14, shifting from the...
- Volatility within the western markets potentially may increase - Could this appreciate the USD or will it strengthen the AUD with close ties to the CNY Medium Risk Setup: -Medium risk setup - Limited exposure on position Fundamentals: - Logikfx quant score +20 AUD, - 40 JPY. JPY showed - 30 the day before, showing an increasing weakness shift. - Trade...
AUD STRENGTH - On the 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD. - The Logikfx score also shows a strong reading at 20, increasing from 0 earlier in the week. This strength shift indicates a potential change in cash flow to the Aussie economy. EUR WEAKNESS - on the...