swoozshies

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HYG / LQD weekly chart shows a breakout above the March 2020 former broken support which was tested as resistance in March 2021 and could even be called a cup and handle. High Yield is commanded from this bonds because they are considered higher risk. So with all the geopolitical and rising rates concerns, this seems contrary and signals that we may be in a...

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Note that the time horizon for long is months and years. Weeks or even months, gold could be bearish as it forms this handle. This is monthly chart of Gold Futures forming what might be a cup-n-handle pattern through a bull flag (bullish flag) in the daily or weekly chart. If this is indeed a cup and handle then that's a lot of upside (though will take years or...

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Renko 4h chart with average true range (14 period) is showing signs of an ascending triangle. Even if one can make gain buying now, I will probably wait for breakout (enter half) and confirmation (other half - or if it does not look back that's ok) of this triangle for entry. There is always a possible that it goes the other way around and drop but given the...

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Wheat broke out of a range around Feb 23, retested and never looked back. Multiple limits and multiple limit ups. Likely driven mostly by Ukraine being a large exporter/producer of Wheat. Those with multi-decades of market experience might have seen these before but I haven't. During the March 2020 we've seen limits being hit but not like, everyday (or almost) a...

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What looked like a head & shoulders pattern but instead of breaking down it went the complete opposite direction. Yes, some say this is not a H&S but even so, there was weakness - both in price and daily RSI forming lower highs and lower lows. There is a fake breakdown there at the neck of the H&S and suddenly whiplashed and went higher fast and quick and formed...

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Weekly candlesticks of SPY over TLT - i.e. SPDR S&P 500 stocks over iShares Long Term Treasury is pulling back and since new high in Jan 2021 has a long way to go (around 20%) to support. It does not necessarily mean that stocks will drop. But it could be that treasuries over perform (and stocks go sideways or even up but treasury prices are just stronger). This...

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Daily line chart (left chart) might be a falling wedge (or an odd falling channel) which is it breaks up could mean bullish. Price is above the anchored VWAP from the previous breakout (20k level) so that's supportive of this. It is a the top of the channel right now though and the bottom is closer to the Anchored VWAP so even an entry here is not that...

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start of April and especially start of May has been good to Ethereum over Bitcoin and could very well continue but also could be too fast too soon i keep my % allocation to cryptos to a certain level but for short-term (micro optimization/alpha chase) i might need to rotate (short-term) to Bitcoin from Ethereum soon might wait for more signals at lower time frame...

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This maybe a falling wedge between silver and stocks - SLV/SPY Not paying too much attention to exactly lines drawn but does look like it. If this is true and it breaks out of the wedge upward that likely is an environment of either 1. stocks are weaker and silver stays flat 2. stocks goes but silver goes us much much more Market is still not kind to Silver (or...

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When it broke above 20k plus, 35k was the target. It was hit, overshot (went even higher to 40-ish) and then corrected. The good news is that if bullish trend continues we might see 53-54k soon. The bad news is that if correction continues we might see 22-23k soon (28% down from here). If you are a buy-and-holder then I guess just news (neither good nor bad). If...

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looks like a symmetric triangle and "usually" a continuation pattern in the direction of the primary trend (in this case up) but who knows, we'll see a break above 40k means continued strength (maybe towards 54k based on trend-based Fib extensions) a break below 30k could mean major correction - when it is "supposed" to get out of symmetric triangle against the...

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Either way, unless something changes looks like positive developments

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This ChainLink chart stood out in terms of risk Unlike 1. BTCUSD and others are consolidating mostly in a symmetrical triangle 2. others like UNI (uniswap) ATOM (cosmos) ALGO (algorand) COMP (compound) may have already broken out and reconfirming support 3. even others like KNC (kyber) BAT (basic attention token) ZRX (0x) If this is a false breakout + rising...