Recent content by Sprawl123

Bottom in??? Guys what do we think about crude and gold? Has the bottom been placed in? EDIT For what its worth, seems like gold will have another leg higher to around 850+ before moving back down to 7xx, given the support it seems to have 800-810 and the two daily dojis formed as well, and...

i think u r right to be bearish, but do u have a chart that shows why? or are the calls made because of three failures to hold above 760, and overall trend bias is still down?

i was bullish until we clsd ysrdy near the lows. now we just spiked to 749 and failed. dow looking like top of range is 9500, so more likely to go down from here than up. silver getting cornerd by the large downtrend line and is also at the top of the bollinger band. oil at bottom end of...

oil sujith, rodin any opinion on oil? is it building a base for a move higher, or a (final?) dash lower, like a mirror image of what it did in Jun (consolidate before final move up) my trianlge is bogus, broke up yesterday and now broken back into it

5205 4550 EDIT buy gold 741 stop 736

More bad econ US data. If stocks dont have a big down day then expect continuation of short term rally Also expecting wti to go to 79.50 (4h triangle breakout to upside) and gold consolidating today should give an opportunity to buy tomorrow at around 750 aiming for 780 likely, but probably the...

there is 1 thing i am still confused about we made a legitamate rising wedge last week, then broke down, should have meant we go to 695-700, but instead we broke back above resistance 740

crude has backed off at the moment from resistance just below 68. a close above that today should be bullish Still looking for gold to make it to target 758

agreed , down to 51 4H triangle shows close resistance at 67.80

point to note is that stock mkt is up over past few days, even in the face of really bad US data maybe deflation is taking a break, and we will see a rally across all assets for a while (how long i dont have a clue). also wti still not broken 61

1H / 15 min triangle broke out to upside, suggests a move to 759

Oil Does anyone have any thoughts on oil? 68 was good support, but was easily taken out Next was 61, but this is not so strong. Then 51, very good support. The chart still looks almost vertical, any big up days are sold into the next (like this wed then thurs). The stochastics are still buried...

This is a pure wild guess, but since dow is only 30 stock maybe there is some significant activity in 1 or 2, ie possibility of mergers that we dont know of yet. S&P is 500 stocks so would barely be affected by 1 or2. Just a thought...

great call whats the med term view? cleary the rising wedge 1H was a fake, and now also seem large 4H falling wedge silver had a fake breakout EDIT taking another look at gold 1h looks like it followed a channel upwards instead, if so then breakout below should target 725. Sujith I think u...

sujith is it possible we have seen the low on oil and maybe gold?