Hello friends, I don't use this platform anymore, but I figured for those still following me, I'd throw this out there as a friendly and helpful tidbit. Bluesky Digital Assets focuses on the hot AI sector, and could touch 2.9 CAD as Bitcoin goes to 110-112K+ this year. Enjoy!
Hello traders, Similar to Gold , Silver has also completed or is nearing completion of its 6-month cyclical intermediate low. Anytime from the end of December to the end of January, I will be looking for a price target between 37 and 41 on Silver , with a "most likely case" slightly below 40 . -zSplit
Hello traders, Gold has finally wrapped up its several month long cyclical and intermediate low and is on the verge of its next major advance which will wrap up sometime between the very end of 2020 to the end of January. In this next advance I am looking for a minimum target of 2300, but we could go as high as 2500 depending on the US dollar. I suspect during...
Hello Traders, Not much to say in the write-up as the chart speaks for itself! :-) -zSplit
Hello traders, Gold has continued a consolidation pattern for a number of weeks which is quite common in commodities; commodities never go straight-up forever. On the technical front, according to my work, Wave 3 halted in Gold just over the mid-point between 1.618 and 2.618 - this is a very common region for Wave 3s to end, not only in Gold but also in the...
Hello traders, The NYSE FANG+ Index, which constitutes: Tesla, Nvidia, Alibaba, Baidu, Twitter, Facebook, Apple, Amazon, Netflix and Alphabet, have in my work, topped. In particular, those of which are US-born names. Some may get closer to their current ATHs than others, and others may consolidate in a B wave more than others, but overall as a general trend, many...
Hello traders, Peleton is up there with one of the most overvalued stocks in the market right now and should be traded with caution. How overvalued is it? Well, it works out to that each customer based on their valuation is worth over $30,000 dollars which obviously is absolutely absurd and unsustainable. Currently, Peleton is trading off a Wave 4 and I expect...
Hello traders, The dollar has completed a 12345, A and B over the past 10 years (dating back to roughly mid 2011). The "B wave bounce top" was the Coronavirus temporary deflationary period, and now the dollar will continue to undergo a sharp C wave impulse down to 77.5-78 (or around 80) by sometime in February, March or April of 2021. This is not to say the...
Hello traders, Must of my view on Silver is similar to that of my recent post in Gold, thus, please view the related ideas for specific analysis across a multitude of PM's and indices and what people should expect. Silver is consolidating before a Wave 5 final leg up to the low 30s before an ABC correction that will last from the 2nd half of October, through...
Hello traders, The DAX is currently grinding within a Wave 5 channel with slightly increased volatility on its way to a new ATH. Trading action is highly indicative of a Wave 5 and most of the world markets are on the verge of their final Bull Run Top (please see my related ideas that I posted recently attached below). I believe the DAX will start to top out...
Tesla has been a momentum stock that has completely been derailed from any sort of normalcy, fundamentals and even technicals. This is a stock that has now formed an "Ascending 3-Point Parabola" which is very common in bubbles and precedes the impending "bursted" bubble scenario. BlackBerry had this scenario in its prime to the 100s....So did Bitcoin to...
Hello Everyone, Been voraciously busy with the "return to work" life and haven't posted on TV since basically late June but I have an update on Gold to share. Hopefully everyone has remained healthy and remains financially stable. -- Much of the analysis here is almost identical to my latest post on the SPX so I will refrain from simply rewriting everything to...
Hello Everyone, Been voraciously busy with the "return to work" life and haven't posted on TV since basically late June but I have an update on Gold to share. Hopefully everyone has remained healthy and remains financially stable. -- Currently the SPX is following almost the exact same pattern since I last posted in late June and has overall been following my...
Hello Everyone, Been voraciously busy with the "return to work" life and haven't posted on TV since basically late June but I have an update on Gold to share. Hopefully everyone has remained healthy and remains financially stable. -- Currently it continues to appear that we are within a rather normal commodity driven Wave 4 (typically takes about 5-6 weeks to...
Hello traders, I wanted to just share my very simple - longer-term - chart to everyone. I've seen way too many "everything is going to crash right now" charts on here and its important to have some sort of a balance on this website, especially since the market is going to hit ATHs this Summer (like I've been saying since way back in April). To keep it short,...
Hello traders, The Gold market continues to press the 1765-1780 (hit 1779) range in the form of a high-top consolidation that I have posted about several times over the past many weeks. While a lot of people may be confused as to why Gold should drop in this current environment, the reality is, Gold is a manipulated commodity (via algorithmic equations), and...
Hello traders, For those who have been following my ideas, it should not be surprising that the market remains considerably volatile for now - and will until the middle of July. I also predicted a huge bounce off the lows from March as early as the 1st week of April (to enter longs). Those who have followed my ideas to the 'tee' have made considerable and...
Hello traders, The Gold market is set to remain relatively elevated as the SPX is poised for continued volatility over the next 3 or so weeks before the equity market runs to test 3390 and create new ATHs over the Summer months (i.e. the SPX will probably be at 3400+ by near the start of August). For now, Gold will likely trick investors into 'thinking' a...