Technical analysis providing the near-term outlook for the US stock market, gold, platinum, silver, crude oil & the US Dollar. Playback speed can be increased in the settings to reduce the duration of the video
Technical analysis providing the near-term outlook for the US stock market, gold, silver & the mining stocks, natural gas and crude oil. I've also included a static 60-minute chart of /PL (platinum futures) below the video as platinum is starting to break down below this very extended price channel with negative divergences in place. Potential price targets are shown below. PL 60-min Jan 22nd
End of day market wrap covering the following commodities & indices via 60-minute futures charts: Gold, Crude Oil, Siver, Natural Gas, Dow Industrials, S&P 500 & the Nasdaq 100.
A follow-up to the 60-minute charts of gold, crude oil, natural gas & the US equity indices covered shortly before the market opened today. Also covered are the charts of GDX & GDXJ (junior gold miners ETF) with some recent technical developments & price targets.
A quick (10 minute) video with technical analysis of gold, crude oil, natural gas & the US equity markets via 60-minute futures.
Whether or not /GC (gold futures) makes another thrust higher within this pattern, a break below this bearish rising wedge pattern will likely bring gold down to at least 1309, approximately 1.7% below current levels. Note the rallies & corrections that followed every divergent high & low on this 60-minute time frame. Divergence in itself is not a buy or sell signal but in each of the trend reversals that followed the divergences on this chart, a sell signal was triggered on a trendline break with each of those 'micro-trends' terminating in rising or falling wedge-type patterns. GC 60-min Jan [...]
Technical analysis on the US stock market, oil, gold, energy stocks & several trade ideas that stand out at this time. There is quite a bit covered in this video so you might want to increase the playback speed of the video (under settings) to 1.25 or 1.5x to reduce the duration.