"WTF Chart of the Day" Posts
Where is Crude Oil Heading According to STOPD?
The Last Stock Market Option Expiration Week of 2014
Last week, everyone yelling year end rally yet S&P 500 keep dropping. This week, everyone turned bearish yet S&P 500 held the ground like a fortress. Last week is expected to drop into this Monday and find a bottom this week to finish the option expiration week at the sweet spot. Not bragging here but […]
WTF Chart of the Day: Important Juncture for Gold in Coming Months
Following is my channel chart on gold. I have posted the same chart in the past which pinpointed multiple turning points over the years. It is worth reviewing this chart again for clues to the direction of gold in second half of this year. Notice gold has been parked around 1300 area which is the […]
WTF Chart of the Day: USA vs. USSR
There are 2 specific crisis involving USA and countries supported by USSR / Russia. Cuban Missile Crisis, October 14 to 18, 1962. 10% correction. Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction at the bottom. If history repeat itself where Ukraine really becoming the battleground […]
WTF Chart of the Day: Gold Turned Right On Time For The Inevitable
WTF Chart of The Day: Amazon, Boeing and Goldman
Charts that will likely play a big role in the 2nd half of this year. All charts marked with 2013 STOPD levels with the usual expansions. Amazon Classic 20% reversal from a blow-off top in place. Just like what happened to Apple all over again – trigger, outcome and eventual buy signal. Boeing Added […]
WTF Chart of The Day: What Separate Amateurs From Experienced Traders On a Trend Day
Today (Jun 12, 2014) US stock market dropped in a directional manner. Red down arrow marking the start of the day. The horizontal blue lines highlight the range of Monday and its downside expansions are highlight in other colours. The rejection of Monday low from Wednesday tells us today 100% expansion of Monday’s range is […]
S&P 500 Projection for Year 2015 Based On Last Most Famous Rate Hike
Year 2000 was the year with the most famous rate hike. Now look at the way how year 2015 started. Not only the structures look similar. The daily volatility of year 2015 so far also resembles the volatility of year 2000. This year will be very interesting for day traders who are well […]