Equities remain in a strong up trend. NQ is in overbought territory, but not showing signs of reversal.

Private Island Traders

Looks like it is moving back up. It is trading range bound.

WTI Crude Oil Trading

They typically move more or less synchronized rather than separately. See Ll1979 post.

WTI Crude Oil Trading

WTI looks like it is leaving the wedge going sideways, which could leave it range bound. Without some important news, its seems unlikely to break upward.

WTI Crude Oil Trading

You are off to a good start! Are you using a Keltner channel?

MarginTrader EA

Good write up. Family comes first. Poke in again when you can.

Private Island Traders

MJ, This a great tool for trading, and huge improvement to page 1. I encountered a problem attempting a manual close with the Close button. The app kept opening new trades just as fast, kept up until I clicked off the AutoAdd check box. I suggest ...

MarginTrader EA

UST 10-year bond yield is trending up, reflecting increasing risk in bond markets. Increasing yields on government bonds increases mandatory outlays by governments, exacerbating widespread governmental deficit spending.

Private Island Traders

WTI D1 Chart The wedge remains intact, but with price near the descending line. An exit could go upward or sideways. Price action could remain bounded between ~51 (blue line) and ~60 (yellow line) even with an upward breakout, consistent with the ...

WTI Crude Oil Trading

WTI spent a week churning sideways, up about one point overall.

WTI Crude Oil Trading

WTI looks like it is exiting the long-standing wedge, either upward or sideways. Upward could develop some momentum to carry substantially higher, but this could require some geopolitical factor to drive it.

WTI Crude Oil Trading

Here is a question for all: Do you think chart patterns are reliable when CBs around the world are spraying out huge quantities of their various fiat currencies to keep the rigged game alive? Another question: How does one create a defensive ...

WTI Crude Oil Trading

I buy shortbread biscuits here in the Excited States that come from Scotland, but I have my doubts that it is the very best that Scotland can do.

WTI Crude Oil Trading

Oil and equities continue their bull runs, driven by huge quantities of fiat money. The Fed's balance sheet soars above $4 trillion: Up $250 billion since repo crisis one month ago.

WTI Crude Oil Trading

With equities in a strong bull run, oil is likely to continue bullish.

WTI Crude Oil Trading

image

WTI Crude Oil Trading

I expect equities to rotate out and precious metals to rotate in --soon--. (soon is very difficult to define)

Private Island Traders

DJIA future YMZ19 D1 image

Private Island Traders

Getting near the end? Near record market capitalization.

WTI Crude Oil Trading

A new Green Arrow on the H4 chart. image Still inside the wedge on the D1 chart. image

WTI Crude Oil Trading