zuzuk

zuzuk

Buy one get one free, seriously looking cheap at the moment. It might still go lower short term but looks very cheap and a interesting price for a long term play.

zuzuk

Here is an idea of what oil prices could do in the next decade 2020-2029 compared to 1999-2008.

zuzuk

Amazon looks pretty weak after recent a disappointing quarter. Right at support currently but it would not surprise me if it goes lower from there in a couple of months.

zuzuk

Iron prices are very low currently and it looks like the support is near the current price. Will be interesting to monitor the price and see what has caused the sudden fall, there is a chance it comes from house demands weakening because of higher interest rates, but just my personal opinion.

zuzuk

Looks like the 10 year treasury will start to cool down and start forming an ABC pattern after just forming a 12345 pattern using Elliot Waves techniques.

zuzuk

it is still a little early but looks like the reversal is starting to form. More people are talking about it and some are sharing that the COMEX inventory keeps going down.

zuzuk

Looks like Asia overall has been going down a lot but Hong Kong has been one of the worst. Looks like there is a resistance at 12000 so another 15-20% downside potential before the odds are in favor of a rebound. It is interesting to see how strong the downtrend is.

zuzuk

Facebook is looking almost undervalued, with a current pe of less than 10. It is almost strange to see. But the downside trend is so strong, there is no point fighting it. Looks like there is no support, the only clear support is during the IPO which is around 45 which is another 50% downside.

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Even if the past few weeks Nasdaq went up, and is higher than the support, it looks like the trend is weak and will continue to reverse, of course we never know for sure but it does look weak as the long-term trend still is going on the downside and no sign of capitulation as of yet, looks like we are half-way if compare with 2001-2003 recession.

zuzuk

Oil is looking weak for now, but it might be close to a $70-75 support, definitely too early to tell and not the time to start a trade on the long side. I would wait for the price to come close to the 200ma to start looking at it on the upside, but no point speculating early and waiting for a more interesting time.

zuzuk

Precious metals are starting to form a bottom, but quite early to know it for sure, the good thing is that they do not seem to be following the Nasdaq but they still look weak. Silver is the most promising as it is now forming some sort of dragonfly Doji. Definitely getting interesting.

zuzuk

Dry Bulk ETF is looking weak but looks like forming a bottom, anything could happen for now, but it is worth looking closely in case the bottom is forming more clearly.

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Uranium ETF continues to form a bull flag, the trend on the upside is not broken and it should break out at the end of the year or early-mid next year, so unless the trend change, uranium is looking great

zuzuk

Nasdaq Breaking out on the downside, This is the second wave, the most downside is to come. Then it might be time to start looking for setups

zuzuk

Nasdaq Breaking out on the downside, This is the second wave, the most downside is to come. Then it might be time to start looking for setups

zuzuk

Now I understand why it has been called ARKK, that is looking nice on a chart.

zuzuk

This looks like a great setup, there is a chance at the end of the year, uranium will settle and it will be time to load before the breakout