Ecantoni

Ecantoni

Three years span 2017-2020 fractal matching 2021-2023 along negative trifecta: 1- High grade production glut now forecasted to exceed usage by 467,000 metric tons in 2024 2- US Ratings downgrade poised to worsen Treasuries ig, global juncture, EZ in recession, China's slowdown 3- Extended geopolitical tensions potentially broadening to Taiwan as signaled by the...

Ecantoni Updated 

Fractal extrapolated out of 1939—1940 potentially projecting sudden weakness into quadruple witching, as parallels of similar geopolitical iterations mount. With the German invasion of Poland on September 1, 1939, the original impulse—which assumed the US to stay out of WWII—actually vanished right in front of the Fall of France (May 10, 1940—June 25, 1940)...

Ecantoni Updated 

Fractal extrapolated out of 2 0 1 9 projecting weakness into eom, confirmed neck retest would open the door to full bear market.

Ecantoni

// 88-1990 vs. 20-2021 //

Ecantoni

// 86-1987 vs. 20-2021 //

Ecantoni

// 19-2020 vs. 20-2021//

Ecantoni

// 2011 vs. 2021 ytd //

Ecantoni

// 19-20 vs 20-21 //

Ecantoni Updated 

Crude has been following this 2006-07 fractal for quite a while now, partially sustained by the weakness witnessed in the greenback. Chances to see weakness, before renewed straighten, seem to be implied somehow in an atypical head and shoulders to be negated after the next rollover. Then to be monitored further for assessing the exponential move it followed at...

Ecantoni

Fractal extrapolated from the expansion of the 1998-2001 boom and bust cycle, as the current 77% surge from Jan 2016 would be basically tracking the ultime rally from 08/1999 to the dotcom top, back in March 2000. In detail, the two higher highs printed between last June and July would be matching respectively December 1999 and January 2000, before the final...

Ecantoni Updated 

Fractal extrapolated from earlier 2 0 1 7, now up 22% in less than a week . Current 6 6 0 0 resistance critical for unexpected weakness in November. A 6 3 0 0 break out would set it up for further decline and retest of at least 6 0 0 0 area.

Ecantoni

Fractal pointing out many detailed analogies with Brexit. Now whatever the catalyst may be, a 50% fibo seems consistent, considering that there is also a mirror underway from the double top and that the Nikkei might be poised for a correction similar to 2 0 1 3. Discretional stops

Ecantoni

Fractal extrapolated from 2015, during the continuation of the Greek "crisi" right before the referendum, is here to the current North Korean crisis. Some would prolly address it as an atypical three picks and domed house, but beyond all the drama and the war of words the cross has rallied 12% since A p r i l and valuations are stretched, especially considering...

Ecantoni Updated 

Fractal extrapolated from the 2 0 1 3 boom and bust suggesting weakness into end of month, a confirmed test of 2 3 0 0 area would then open the door to full bear market and lower supports.

Ecantoni

Fractal now tracking the 87 top and starting to test resistance, which might take a couple of weeks more ( the comparison daily/weekly here is on purpose as what has been led us here is the mere structure). Beyond the potential catalysts on the table ( too many actually for choosing one ) for a downturn of 87 proportion in 2018, the next two swings gotta be...

Ecantoni

Model now tracking mid June 2015, back then at new all time high, just as today. Dow lagging behind looking for its own final top around the 21400 area. Ideal target of 20 handles in the wake of earnings, discretional stops as always.

Ecantoni

Dow model spotted 20 days ago still running, now tracking early May. Lateral price action likely to continue till NFP, then price action won't be just data dependent due to looming elections in the UK and potentially other shockers from North Korea or Greece. If still spot on by mid June, chances of weakness would suggest 20700 retest then.

Ecantoni Updated 

Extrapolation taken from 08-09 and expanded. Currently reacting on static support. Macd strategy signal not shown yet. Targeting 60 handle upwards before reiterated weakness. Discretional trailing stops