martis_ltu

martis_ltu Updated 

Oil is currently sitting on support. If it breaks, we might retest the 200 week moving average. While it is not very likely we will break it due to slowly recovering oil demand, there is a lot of room to fall if we do break it, at least according to TA.

martis_ltu Updated 

I heard people shouting that we are entering a bear market, this is the top, etc. ( Happens every 2 weeks or so). However, every drop since the pandemic crash so far only went down to 20 or 50 daily ma. This is why, unless we break 50ma, every drop is a dip buy.

martis_ltu Updated 

Gold bounced off the bottom of the 30min channel and is now above 30min 20ma. Will be looking at hod as the next target if we stay above 20ma.

martis_ltu

Can still go up to 70.9 today. 62 acting as support.

martis_ltu Updated 

Looks like a bearish triangle.

martis_ltu

Head&shoulders. I believe it will fall to 6000, if it goes lower, it may go to 5400.

martis_ltu

Everything is pointing towards a fall. We have a Bearish Wolfe Wave formation + the stochastic indicator( K&D cross) is showing a trend change .

martis_ltu

Seems to be sitting on short term support right now.. we'll see how it goes...

martis_ltu

Bearish Wolfe Wave...

martis_ltu

Cmon bulls!