The German DAX has completed a H&S top with a down slanted neckline on the weekly chart. H&S tops with down slanted necklines are generally more reliable and powerful than H&S tops with an up slanted neckline.
https://www.peterlbrandt.com/wp-content/uploads/2018/10/world-stock-markets-turning-over.jpg7701333Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2018-10-22 09:43:122018-10-22 09:44:27World Stock Markets Are Turning Over
Two chart observations are worthy of note. First, the advance this past week in yields completed a 4+ year H&S bottom on the weekly chart with targets of 4.37% and 5.03%. Second, the advance this past week also penetrated the upper boundary of a multi-decade channel. It is my belief that an Interest Rate Generational Low has been confirmed in yields.
I know my sweet spot. Every trader should strive to know his or her sweet spot.
We should strive to only take a trade when the market set up is in our sweet spot.
We should strive to avoid trades out of our sweet spot.
Crude Oil is on the Rise. The advance on Monday confirmed the symmetrical triangle on the daily chart. The target is 78.40. The Factor Tracking Account is long the Nov mini WTI contract.
https://www.peterlbrandt.com/wp-content/uploads/2018/10/Factor.jpg8521233Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2018-10-01 08:57:002018-10-08 07:25:15Crude Oil on the Rise
I know my sweet spot. Every trader should strive to know his or her sweet spot.
We should strive to only take a trade when the market set up is in our sweet spot.
We should strive to avoid trades out of our sweet spot.
The possibility continues to exist that Gold is forming a massive inverted H&S pattern on the monthly chart. However, a close below 1180 would place the possibility of the H&S pattern into doubt. A close below 1124 would suggest a retest of the 2015 low at 1045. Silver however completes another bear pennant. The […]
The COT profile is at all-time record extremes in terms of Commercial long and Spec short positions. The daily chart displays a 6-month bottom. While I am a long-term bear on Treasury prices (bull on yields), the COT profile and daily chart suggest a sharp rally could be in the works. I will monitor this market for a buying opportunity.
https://www.peterlbrandt.com/wp-content/uploads/2018/07/Treasury-Markets-Peter-Brandt.jpg8141222Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2018-07-30 17:22:362018-07-30 17:23:30Clues from the Treasury Markets
World Stock Markets Are Turning Over
/by Peter BrandtDAX
The German DAX has completed a H&S top with a down slanted neckline on the weekly chart. H&S tops with down slanted necklines are generally more reliable and powerful than H&S tops with an up slanted neckline.
An Interest Rate Generational Low
/by Peter BrandtA Generational Low?
Two chart observations are worthy of note. First, the advance this past week in yields completed a 4+ year H&S bottom on the weekly chart with targets of 4.37% and 5.03%. Second, the advance this past week also penetrated the upper boundary of a multi-decade channel. It is my belief that an Interest Rate Generational Low has been confirmed in yields.
I know my sweet spot. Every trader should strive to know his or her sweet spot.
We should strive to only take a trade when the market set up is in our sweet spot.
We should strive to avoid trades out of our sweet spot.
Crude Oil on the Rise
/by Peter BrandtWTI
Crude Oil is on the Rise. The advance on Monday confirmed the symmetrical triangle on the daily chart. The target is 78.40. The Factor Tracking Account is long the Nov mini WTI contract.Patience and Discipline – A Trader’s Friend
/by Peter BrandtPatience … Discipline … Discipline … Discipline … Patience
I know my sweet spot. Every trader should strive to know his or her sweet spot.
We should strive to only take a trade when the market set up is in our sweet spot.
We should strive to avoid trades out of our sweet spot.
Gold Possibility
/by Peter BrandtThe possibility continues to exist that Gold is forming a massive inverted H&S pattern on the monthly chart. However, a close below 1180 would place the possibility of the H&S pattern into doubt. A close below 1124 would suggest a retest of the 2015 low at 1045. Silver however completes another bear pennant. The […]
Clues from the Treasury Markets
/by Peter BrandtTreasury Markets – Notes
The COT profile is at all-time record extremes in terms of Commercial long and Spec short positions. The daily chart displays a 6-month bottom. While I am a long-term bear on Treasury prices (bull on yields), the COT profile and daily chart suggest a sharp rally could be in the works. I will monitor this market for a buying opportunity.