GateUser-3b3659cc

vip
Age 0 Yıl
Peak Tier 0
No content yet
$Gold monthly - TSI turned down from its highest level ever and is about to have a bearish crossover. If the current 7 year cycle equals the duration of the 7YC in 2008-2015, the next 7YCL will occur in November 2029. Possible retest of the last 7YCH at 2100, minimal target 2800.
  • Reward
  • Comment
  • Repost
  • Share
$USOIL - Closed the week above the 4th yearly resistance which means we may see a retest of the March high next week. Brent oil has already double topped at 119, and the roles have reversed and now it's trading a lower level than WTI, so possibly a double top for WTI too.
  • Reward
  • Comment
  • Repost
  • Share
$SPX - Managed to recover the opening loss and close higher for a 3rd day in a row. Despite that, it's still below the 200 day MA(6645) and I expect another down leg to new downtrend lows if it gets to the 200 day MA next week.
  • Reward
  • Comment
  • Repost
  • Share
$BTC - The next 11 week cycle low is due on the week of April 20-26. The only question is if the coming low will be higher or lower than the February low? Given that Bitcoin started to underperform stocks again this week, it may very well be a new low for the year.
BTC0,08%
  • Reward
  • 1
  • Repost
  • Share
controllervip:
LFG 🔥
$SLV - The monthly volume in January was the highest volume ever. Such volume expansions happen only at major tops. After every major top silver declines into the next 7 year cycle low. The next 7YCL is due in late 2029. I bet Karim or Savage never told you about it. Have they?
  • Reward
  • Comment
  • Repost
  • Share
$SPX - The rally continued for a 2nd day in a row but as long as price is below the 200 day MA(6642) I still consider it a bounce in a downtrend. Tomorrow is Thursday and the S&P 500 was down in each of the last 9 Thursdays. It remains to be seen if this changes tomorrow.
  • Reward
  • Comment
  • Repost
  • Share
$Silver - Blow off moves in the past ended with a return to the origin of the blow off. In 1980 it was to the April 1978 low at 4.90. In 2011 it was to the February 2010 low at 14.65. This time the origin of the blow off was the April 2025 low at 28.31. That's the target by 2030.
  • Reward
  • Comment
  • Repost
  • Share
$Gold - The March candle was a bearish engulfing candle similar to September 2011. At the monthly low it hit the 10 month MA as it did in September 2011. The bull market may be over and gold could suffer a bear market into the next 7 year cycle low in 2030 targeting 2100.
  • Reward
  • Comment
  • Repost
  • Share
$DXY monthly - Closed above the 10 month MA. The 3 year cycle low in January is confirmed. The rising phase of the previous 3 year cycles lasted at least 18 months, so the Dollar is likely to move higher into at least mid 2027. The big question: how high it will go? 110 or lower?
  • Reward
  • Comment
  • Repost
  • Share
$SPX - All previous bounces in March failed closing above the 10 DMA. Today's bounce succeeded so it may go higher but the key MA that has to be regained is the 200 DMA. Until that happens we're still in a downtrend, since SPX hasn't reached the downside targets at 6100-6200.
  • Reward
  • Comment
  • Repost
  • Share
$SPX - Closed lower for a 3rd day in a row with an intraday low of 6317. The minimal downside target for this downtrend is the August low at 6212, so we haven't reached the bottoming range yet.
  • Reward
  • Comment
  • Repost
  • Share
$AVGO - So far in this downtrend it has held above the support of the yearly pivot at 299.60. If it closes the week below 299 the next downside target would be the 100 week MA that is currently at 245.
  • Reward
  • Comment
  • Repost
  • Share
$SPX - The 5 week RSI closed at 10.70, the 3rd lowest level since 2009. The 1st and 2nd were the 2020 and 2025 lows. The 4th lowest was the May 2022 low. 2 possible scenarios for April: bottom at the end of next week(2020/2025) or bounce next week and bottom in late April(2022).
  • Reward
  • Comment
  • Repost
  • Share
$TSLA - As I posted last week once it closed below the yearly pivot at 387 the next downside target is the 100 week MA that is currently at 327.
  • Reward
  • Comment
  • Repost
  • Share
$NVDA - As I posted last week it's headed to the yearly pivot at $161. If it closes below 161 at the end of next week the next downside target would be the 100 week MA that is currently at 147.
  • Reward
  • Comment
  • Repost
  • Share
The $NDX forward PE ratio has dropped to 21.09. In September 2022 it was at 18.96. The $SPX forward PE is at 20.53. We're approaching the point where tech will start outperforming again. It doesn't make sense for tech to have the same valuation while having much higher growth.
  • Reward
  • Comment
  • Repost
  • Share
$MSFT - EXTREMES. 1st weekly close below the 200 week MA since 2012. The 14 week RSI is at 25.32, its lowest level in history. Approaching the major support range at 345-350. If it reaches 345 the drawdown from the 2025 high will equal the drawdown of the 2022 bear market.
  • Reward
  • Comment
  • Repost
  • Share
  • Pin