Been a while since updating, all looks good on Sine timeline.... Still on track for low on/about Jan20th. Purple is the wave short pattern. SineTC says price will be at significant low, and below the wave starting point at end of Timecycle. Depending on wave duration, most price drops are over 20% from staring point. The cycles are not the Red/Green visible...
The big picture is still looking pretty bullish Based on daily charts , an outbreak above 54 is only a question of time - this month or even january`17 ... But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?! How ever the short-tmer chart is pretty bearish even under 52.500 BCOUSD Why ??? Let me shortly...
Dollar strength is here to stay. Fiscal stimulus, rate hikes, $10 trillion off-shore dollar debt, rising US yields, DXY breaking out of a multi-year consolidation zone. The attached chart shows a strong INVERSE correlation between DXY and oil. As the dollar strengthens, the oil price soon follows. At present, there is a MASSIVE divergence between the oil...
Ok this is a quick summary of today's trade.. I will update today and over weekend and include Timecycle Chart which this trade is linked to.. This is my daily tracking chart. We added 20% Short @ 51.28 , will add more if we fail the trend again or collapses below 50.7x. Manuel stops about 53. Trade safe! Make money
This trade Idea is a transfer of our open short from prior published idea. Summer is over so it's time to track our action on our daily chart. The old charts remain available but get too busy with notes. Our transferred short was entered over the last two months at an average of $47.10. Its clear that this summers consumption has done little to reduce available...