Yes, a case could certainly be made to buy /GC at the first tag of that 1700ish support, which /GC just kissed & bounced off so far this morning. However, I’d be more apt to wait for an objective short on /GC with a solid break below 1700 that coincides with (or follows) breakouts of those key levels on /DX & /E7 as a solid breakout in the $USD and/or breakdown in the Euro will be an added tailwind for a short on gold & silver. Otherwise, any breakdown in gold may prove to be a whipsaw signal if the Dollar remains in a downtrend.

Yep, LTM is rallying another 29% so far today, having clearly entered the gap this morning. Looks good from a technical perspective but always a risk when trading low-priced stocks with questionable fundamentals. Should the gap be backfilled (likely target) that would be another 21% or so on top of today’s 29% gain.

I must not have been clear on that. Around the 1:27 mark, when I said that we hadn’t had divergence on /NQ in a while (then referring back to the last DH from May 26th), I was referring to the fact that the current divergences on /NQ, with the previous DH at the time of the video being yesterday’s high which coincided with the backtest & impulsive rejection of that minor uptrend line/rising wedge pattern, are the first negative divergences on /NQ since late May.
I also mentioned in the video around that time that any marginal new high in /NQ soon would still be a divergence high (I drew the lines to show how it would look) and that has now been the case. So yes, I agree with your take on the divergences & the MACD & PPO are very similar, closely related indicators which will often mirror each other, especially on the intraday time frames. Here’s my updated 60-min chart.

The other one is WBA highlighted by Randy. Looks bullish.

Update: neverrmind, just watched your other video where you share you convictions or rather absence of those.

QQQ will be divergent on a weekly and monthly timeframe if it get to new highs

I can see divergences building since 5/25 on /NQ

Very volatile. Not a set it and forget it investment for sure. But quick profits with a vigilant eye and established stops, or trailing stop.

I expect a full court press against Trump to begin June 16th in the financial markets. Obama and his minions, like John Kerry in Iran, are convincing our enemies (basically most of the World) to divest their treasuries of American bonds, T-Bills and Equities! It will begin slowly and quietly so as not to engage the Algos. Then to continue to accelerate as the election approaches. Trump is surrounded by Globalists so this is widely seen as the Swamp’s last stand. The rediculous treasury filled run-up in equities by Mnuchin, a progressive Democrat Globalist, has created air for the next decline so as to flush Trump out without killing off the markets completely. Trump has thrown a real kink into the One World system that’s been in the works since the end of WWII and the June16th to Election Day period surly will be epic by anyone’s standards. I certainly don’t know the outcome but there will be profits to be made along the way for sure! Happy Trading!