Wednesday, 24 May 2017

Gold supply and demand battle near resolution

Energy builds up during a long slow sideways pattern which allow money managers to accumulate or distribute float, very soon either the demand or supply side is going to get knocked out.
image1 Soon we well have a winner! Both the moving averages and Gann angles show the tight APEX, a break out either way will happen. Our bias is to the upside.

If you review a hand full of gold stocks (say ABX, NEM, GG, HMY) you can see higher lows, and consolidations tightening after a period of volatility, this means those that wish to sell from the recent rally have done so, there done! Now the time for the next move is very near. The good news is that most big money managers missed the 2016 rally, and they are getting ready for the next move higher (we believe).

The commodity (gold) is bullish, the stock sector (gold stocks) is bullish. This means the money is moving in, setting up for a move higher.

tic tic boom!

Gann Angles

Gann Gold



Moving Averages

Gold SMA




Original Post: http://ift.tt/2rWfh7B

Tuesday, 16 May 2017

Silver - Step one completed

Our readtheticker.com RTTSteps indicator shows when a symbol may be getting wider support from the composite man!Lift off!
image1

With silver (SLV etf) you can see STEP 1 looks like a successful build, rally in to start the build of the step, a correction that did not break the step, this means price is supported by the wider market.

This is one to watch as steps build higher.


SILVER



Why, well consider this bubble warning fro Mike Maloney





Original Post: http://ift.tt/2rd8Xvp

Monday, 15 May 2017

RTT browsing latest..

Please review a collection of WWW browsing results.
image1



Date Found: Wednesday, 24 August 2016, 01:55:36 AM



Comment: GSR Interviews LOUIS NAVELLIER - Aug 23, 2016 Nugget youtu.be/TI8LdNY2eBE



Date Found: Friday, 26 August 2016, 02:26:42 PM



Comment: FEB balance sheet, Corporate share buy backs, ECB, BOC, BOE and BOJ money printing, plus the world now has 'World Wide Plunge Protection Teams', in short the Central Bank Put.



Date Found: Saturday, 27 August 2016, 10:23:42 PM



Comment: No comment!



Date Found: Sunday, 28 August 2016, 03:05:02 PM



Comment: Look away, nothing to see here!



Date Found: Tuesday, 30 August 2016, 02:46:26 PM



Comment: World Wide QE by Central bankers, they own more and more junk!



Date Found: Wednesday, 31 August 2016, 12:36:58 AM



Comment: John Rubino-Negative Rates Phenomenally Good for Gold and Silver youtu.be/uPFN00H3Zqs



Date Found: Wednesday, 31 August 2016, 02:33:05 PM



Comment: Gold Forecast, a maybe!



Date Found: Wednesday, 31 August 2016, 02:49:43 PM



Comment: Seven Ways to Get Higher inflation youtu.be/BbtosoFRig0



Date Found: Friday, 02 September 2016, 11:08:40 PM



Comment: Secret History of Silicon Valley WW2 >> RADAR >> COLD WAR >> GOVT FUNDING >> PRIVATE FUNDING youtu.be/ZTC_RxWN_xo



Date Found: Sunday, 04 September 2016, 02:49:35 AM



Comment: Eric Hadik: Precious Metals Market Taps The Break While Euro Crisis is Near youtu.be/-7BMk2lzsE8



Date Found: Sunday, 04 September 2016, 02:49:28 PM



Comment: Citigroup $55 TRILLION of derivatives.. US Economy $17 TRILLION! ha!



Date Found: Sunday, 04 September 2016, 10:41:59 PM



Comment: Big bad US Govt youtu.be/DIBM0I_c_X4



Date Found: Tuesday, 06 September 2016, 11:03:09 PM



Comment: Ken O'Keefe - Speaks The Truth About Israel OUCH ! youtu.be/v1tDzLc-HN0



Date Found: Friday, 09 September 2016, 03:47:52 PM



Comment: www.zerohedge.com...



Date Found: Saturday, 10 September 2016, 05:27:34 PM



Comment: Dr. Daniel Thornton. Regarding the chart above, he writes: I predict that the current level of household net worth is not sustainable. I believe that some unforeseeable event will prick the bubble, perhaps this year. The result will be recession which will, unfortunately, be accompanied by more misguided monetary and fiscal policies. I call this monetary and fiscal policy insanity: Keep doing the same thing and expect a different result! I would love to be wrong, but I doubt I will be.



Original Post: http://ift.tt/2qm8tCc

Wednesday, 10 May 2017

Dow Gann Angle Update

Look away every thing is normal, the market is not going to crash (ya hope)!
image1

A great feature of Gann Angles is that you draw from only one point on the chart and not two points like trend lines. This allows the chart reader to review units of time to units of price, which is excellent for comparing charts. Dow Jones Industrial price has returned to the master Gann Angle trend after a 12% or so correction last year, holding the solid red line (GANN 1x1 or 45 degrees) will be critical.


INDU GANN


The rather fast recovery since the US elections should remind chart readers of the pattern below, no chart is immune. Maybe the sell in May and run away should be considered.


Tower





Original Post: http://ift.tt/2q4muVe

Crude oil how low will it go?

We have a 'cause' in crude oil, those Wyckoff traders shorting it will have price targets, which are shown below.
image2

Crude oil price is very important, for one (not all) reason DEBT is held by those companies involved. As the price of crude falls the debt risk of default goes up!

The last 18 months has seen a consolidation which has disappointed the the bulls, in fact the bears may have built up shorts. Wyckoff traders trading the downward break out will have targets, as shown below the easy (RED) and hard (PURPLE) targets are shown using the Richard Wyckoff (or Bob Evans) PnF count guide method. This method has been used by Wyckoff traders for 90+ years. The price targets are just a guide to see if demand arrives that may or may not halt the down trend.

Now we watch and wait to see how the liquidation unwinds. Every one has pop corn right!


Crude




Original Post: http://ift.tt/2q7q135

Dow Gann Angle Update

Look away every thing is normal, the market is not going to crash (ya hope)!
image1

A great feature of Gann Angles is that you draw from only one point on the chart and not two points like trend lines. This allows the chart reader to review units of time to units of price, which is excellent for comparing charts. Dow Jones Industrial price has returned to the master Gann Angle trend after a 12% or so correction last year, holding the solid red line (GANN 1x1 or 45 degrees) will be critical.


INDU GANN


The rather fast recovery since the US elections should remind chart readers of the pattern below, no chart is immune. Maybe the sell in May and run away should be considered.


Tower





Original Post: http://ift.tt/2qsXuYU

Thursday, 4 May 2017

Crude oil how low will it go?

We have a 'cause' in crude oil, those Wyckoff traders shorting it will have price targets, which are shown below.
image1

Crude oil price is very important, for one (not all) reason DEBT is held by those companies involved. As the price of crude falls the debt risk of default goes up!

The last 18 months has seen a consolidation which has disappointed the the bulls, in fact the bears may have built up shorts. Wyckoff traders trading the downward break out will have targets, as shown below the easy (RED) and hard (PURPLE) targets are shown using the Richard Wyckoff (or Bob Evans) PnF count guide method. This method has been used by Wyckoff traders for 90+ years. The price targets are just a guide to see if demand arrives that may or may not halt the down trend.

Now we watch and wait to see how the liquidation unwinds. Every one has pop corn right!


Crude




Original Post: http://ift.tt/2qwKbGp