Kontoeidis1989

Kontoeidis1989

I believe most gold bugs are gone at this point . Pretty much they all hate the gold market after all these months of consolidation . Even though its a little overbought on the daily , the monthly chart tells it all . We got a monthly squeeze , which normally lasts 8-10 months . Minimum target 2200s in 2022 , looks like its gonna have a solid year .

Kontoeidis1989

Based on the 2day chart , we don't have a buy signal yet on the bresserts , however we are getting close . 50-55k lower supports but eventually , it looks like its going to resolve to the upside . 72ish minimum target , max 84k . Same setup like the previous one , we got a squeeze , we got energy on the choppiness index ready to be released and oversold bressert...

Kontoeidis1989

I like soybeans long . Again im not a long-term position type of a guy , but this does look like it has bottomed in the long-term as well . Short-term I think we can easily hit the 960 level , and based on some extensions I see it hitting the 1030 level within 1-2 months . The massive trend line break since 2016 is pretty huge . We had a false breakout in the...

Kontoeidis1989 Updated 

We saw on Friday the nasdaq declining while the Russell was pretty strong. I think the narrative for the next 2-3 weeks will be that financial and transportations stocks outperform tech stocks . We can see on the chart how the bottom has formed and that these stocks will now catch up. I see continuation and strength on these stocks while the nasdaq takes a pause .

Kontoeidis1989

BIDU is a laggard compared to other stocks but I still see it going higher to 135-140 . It has its earnings on the 13th of August , I dont see anything bearish in it , with moxie confirming the move .

Kontoeidis1989

I am bullish on ZOOM as well . I see both a daily squeeze , moxie daily and hourly confirming along with MACD . Given the short open interest on the stock , we might see it hitting 310-320ish the next few days . I am bullish on this stock as well .

Kontoeidis1989

Hi guys , based on what I see on my analysis , UNH is poised to break out to the upside . Target would be around 330-340ish . I see a daily squeeze, I see both daily and hourly moxie confirming the move and the stock is ready to post all time highs . At this point I think we will eventually see the Dow hitting 30,000 .

Kontoeidis1989 Updated 

Nat Gas broke the trendline , retested it , and now its back above its 50 SMA and ready to at least hit the 2.3 which is below the 200 SMA . This is a very high probability trade , and I think its gonna happen fast . Daily squeeze , moxie positive both on daily and the hourly , nat gas trade is on .

Kontoeidis1989

TSLA is setting up for a new all time high going into earnings . It has about a month to show earnings I think it will experience a short squeeze ( 20% short float ) and see a fresh new all time in the coming weeks 3D squeezes can be tricky , few are seeing 3d charts, on the daily its not that obvious

Kontoeidis1989

Like most of the stocks APPL is no exception. It has officially entered the new high volatility norm. Volatile and choppy environments like the one we are right now are extremely hard to trade. I would recommend looking at it in about 2 years from now when it has gathered some energy on the choppiness index and its ready to start its new rising phase. Right now...

Kontoeidis1989

This is not a trading idea . This is just to inform all my friends out there , that you have to be really cautious for the next 2 years in the /ES. The one indicator I chose to put on a 2M chart (2 monthly) is the choppiness index which does a pretty good job of recognizing trending vs non-trending markets. Unfortunately for the bulls the party is officially...

Kontoeidis1989

Apprarently yes. But hang on in there. We are probably going to the 2.3-2.4 level till the end of the year . Then a bounce in January which will be a great short opportunity . By this time next year copper will be trading below 2 . Basically what we saw in copper the last 2+ years since 2016 was a huge topping pattern and the continuation of the bear market...

Kontoeidis1989

The rally that is coming ahead in crude oil will be the last chance for longs to liquidate their positions. This market is in some serious trouble. I put everything together in this chart (cycles , macd , RSI , squeeze etc) . Crude has been making new all time highs along with cycles , however the macd and the rsi keep weakening. Once the macd crosses the 0...

Kontoeidis1989

This is my monthly cycle analysis on gold

Kontoeidis1989

This is the monthly cycle analysis I have performed on Gold futures. This data goes back to 1975. I have identified all the major lows and I have created 7-year major cycles and 3.5 years mini cycles . These cycles show me that an "expected" January rally in gold will be very weak and that gold will continue to fall after that into feb-march and testing the...

Kontoeidis1989

This is a compliment to my analysis for Gold. As I said before , I will also post the monthly cycle analysis for both gold and the U.S dollar. I see the dollar reaching quite easily the 116 level which is the 1.618 extension on the 2M monthly . Thats a super super bullish chart. You can't make these things up . I mean you see primary bullish momentum on monthly...

Kontoeidis1989

For this analysis , I have used only the MACD , RSI , ttm_squeeze and some regression analysis. In the next couple of days I will post a few extras that confirm this analysis as monthly cycle analysis of the gold chart and why I think gold is in big trouble for the next 2-3 years. First of all let's start with a top down approach. 2M and Monthly charts look...

Kontoeidis1989

Ford is still negatively configured across the board. Nothing positive still on the chart in terms of cyclical analysis. Lows are violated and is now currently sitting at 38.2 fib. Rallies still should be sold. If we experience a stock market bounce F might hit the 50% fib around 11.85 , i doubt it though. Most likely it will return back to the $10 level....