We bounced from the top channel border four times before. There was a small false breakout from the bottom line, which later lead to all-green rally period all the way to the upper green line. This was supported by beneficial weather period. However, the strength of the rally seems to fade. I am in short expecting us to go down for some time, but I will definitely...
I believe that based on my analysis, Coffee will start to rise. The rise begins with a rise from the W1 ATR axis. After leaving the ATR axis, the exchange rate can build a rising wave structure on the wave axis (green line). The size and size of the wave structure may be similar to the size of the wave crossing the wave axis previously. The rising target price is...
6.46 - 2015 low and coincidentally was the breaking of the downward trend which last between Nov 17- Oct 18 6.62 Where i would eventually like to enter.. with the 50 d/Ma turned up and moving higher * has been a floor in Feb 18 * and resistance Jun 18 + Nov 18 + Jan 19 Stops can be placed at 6.4 - 5.9 Target 7.0 sell 25% stop 6.62 Target 8.0 sell 25%...
ETFS WTI CRUDE OIL Major Trend remains DOWN but it maybe poised to breakout 2-year channel. A channel breakout would catapult it to $14.
Look at Slow Stochastics. They have been giving good signals recently (purple arrow, top indicator). We are also on the bottom of the trendline. I see an opportunity for long here. If you want to be more careful, perhaps, wait for the relative vigor index signal to complete (bottom indicator).
Possible Head and Shoulder setup. Declining volume from LS, waiting for a medium/high volume break of the neckline. Target 4.50 - 3.70
Platinum has lost its shine for some time now. This LPLA ETF seems cheap to me.