okudao

okudao

Just a quick comparison between the gold price and overall money supply. Seems like there may be some catching up to do.

okudao

Looks like DXY might be changing trend. 105 could come into play if dollar continues to show strength

okudao

Looking at a bit of a wedge pattern. Should decide on decision soon. GBP news this week should be the catalyst

okudao

Fibre has had quite a run recently but now looks like it may be breaking down. This is corroborated by divergence on the RSI as well. Could be looking at the 105 level as a preliminary target.

okudao

We dropped back into the cable range on Friday after a long weak. Definite signs of selling pressure. Between the wick and the divergence on the RSI, it looks like we may be revisiting the bottom around 11900 level.

okudao

Silver has had a nice run up lately. Now it looks to be consolidating again. Would like to see price fall back to the area highlighted. Then would be looking to enter a long again.

okudao

Almost the perfect entry on the short idea discussed previously. Stop to break even now for a free trade

okudao

We got exactly the reaction we were expecting on the S&P off the trendline we had highlighted 2 days ago. Hope people were short!

okudao

Looks like we have a retest of that upward trend from the southside. Are we going to get some bearish momentum?

okudao

CADUSD is also at an important level. The inflation readout due today could have a major influence on price action.

okudao

We are top of the mid term range for this pair now. Would need to see confirmation through breakthrough before going long.

okudao

We have seen a nice run up in gold lately. Right at previous resistance now. Any bears with dry powder at this level?

okudao

The S&P is now approaching the downward trendline again. This has been really strong resistance for nearly a year now. Fear and Greed index at 62. Would like to see this higher for more conviction on a short.

okudao

Nice bearish channel currently for this pair. Approaching an area to look for a bounce depending on PA

okudao

Would be going long on a break above and then a retest. That would be extremely bullish.