2021-11-30
US DOLLAR
US DOLLAR AFTER ACHEIVED THE BOUBLE BOTTOM TARGET AT NEARLY 97, CORRECTION HAS BEEN TAKING PLACE
NOTICE, THROW-OVER PAIRED WITH DOLLAR IN OVERBOUGHT TERRITORIES SO CORRECTION OCCURED
WACH THE TRAILING SUPPORT AT 95.20 (MIDLLE LINE OF A RISING CHANNEL). THEN THE LOWER BOUNDRY OF A RISING CHANNEL AT 94.30
2021-11-29
CRUDE OIL
AFTER PANDMAIC LOW, OIL WAS IN UPTREND IN FIVE WAVE RALLY UNTIL PEAKED AT $85.41,THEN CORRECTION HAS TAKING PLACE IN THREE WAVE DOWN AS WAVE TWO (2)
FROM 85.41 HIGH , OIL HAS BEEN TRACING OUT FIVE WAVE DOWN , SPECIFICALLY IN MINUTE DEGREE THIRD OF THIRD OF MINOR WAVE A, THAT COULD HIT $63
IF MY OUTLOOK IS CORRECT SO OIL WILL SUFFER THROUGH THE NEXT FEW MONTHES, AND MAY DIVE INTO SHARP CORRECTION THAT POTENTIALLY TAKE PRICE TO $45 LIMITS
2021-11-10
2021-11-09
2021-11-08
TESLA
THE KEY QUESTION NOW IS. DID ELLON MUSK‘S TWEET REALLY CAUSE TESLA‘S SHARE TO DROP OR IS THERE A PATTERN THAT HAS BEEN COMPLETED SO TREND TURNS SHOULD OCCUR . ACCORDING TO OUR MAIN EWP VIEW THE RECENT RALLY REPRESENTED THE FIRST WAVE OF THE FIFTH WAVE WICH COMPLETE AT 1233
SO CORRECTION THAT IS CURRENTLY TAKING PLACE IS THE SECOND WAVE
ALTRENATE CASE IS THAT THE TREND ON THE BIG PICTIRE IS OVER AND WE WILL SEE A BIG CORRECTION IN TESLA
2021-11-06
2021-11-05
2021-11-04
2021-11-03
COPPER
COPPER STILL FOLLOWS THE TARGETS WE SET EALIER ON 24/2/2021, THE FIRST TARGET WAS AT 4900, AND NOW COPPPER IS VERY CLOSE TO TOUCH IT, THEN THE SECOND ONE AT 5250
CURRENTLY COPPER MAY HAVE BEEN CONSOLIDATIND SIDEWAYS, THEN MOVE HIGHER TO THE SECOND TARGET AT 5250
2021-11-02
BOND VOLATILITY INDEX
Here's an updated look at big rise in the MOVE Index (Bond VIX). It's back to levels last seen in April '20 when $VIX was near 54.
Bond traders attempting to get out in front of the FOMC announcement tomorrow.
TESLA
IN LAST POST ON 21/10/2021 I MENTIONED THAT THE STOCK FORMED A DISTINCT BEARISH CRAB COMPLETED AT 1120. THAT WAS THE NORM CASE AT 161.8XA, BUT THERE IS A SPECIAL SITUATION IN CRAB/DEEP CRAB PATTERNS WHICH PRICES CAN TOUCH TH 1.92 XA , THAT IS CALLED ADDITIONAL MEASUREMENT. IDO THINK TESLA IS FACING THIS SITUATION, HOWEVER PRICE COULD JUMP TO 1233 OR EVEN MORE AT 1245
2021-11-01
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