Clik here to view.
Euro Caught Between Channel Bottom and Trend Line
Euro Futures are Stuck Between Their Orange Falling Megaphone Top and Their Gray Price Channel Bottom The euro has been tapping on the top of its orange falling megaphone. It’ll either break out or,...
View ArticleClik here to view.
The Euro Continues to Mass at Trend Line
The Euro Continues to Mass Just Beneath the Top of its Orange Falling Megaphone The euro continues to mass beneath the top of its orange falling megaphone. When a price keeps clinging to a line like...
View ArticleClik here to view.
FOMC Triangle
ES is Likely Forming the Red Triangle ES is likely forming a triangle here (red on chart above). It is likely in the middle wave of the triangle, which is often a double wave, meaning you’d often see a...
View ArticleClik here to view.
ES Megaphones in Megaphones Usually Mean a Triangle
ES is Forming a Megaphone (Purple) Inside a Megaphone (Orange) – That Usually Means a Triangle is Forming (Red) ES killed a potential melt-up today and instead began forming megaphones inside...
View ArticleClik here to view.
Potential Rising Megaphone on ES 60-Minute Chart
If ES Puts in Another New High it will be Confirming the Blue Rising Megaphone If ES goes for the red megaphone top and another new high, it will be confirming the blue rising megaphone on the...
View ArticleClik here to view.
ES Triangle
ES Triangle ES appears to be forming a triangle in the right shoulder spot of a head and shoulders top for the orange rising megaphone. ES is now back inside the rising megaphone. Usually this triangle...
View ArticleClik here to view.
Bad Triangle Breakout
ES Broke Out Downwards from its Silver Triangle but with a Tell that There’s More to Come ES broke out downwards from its silver triangle, but the breakout came after an exact touch on the triangle...
View ArticleClik here to view.
Gold Inverse Head and Shoulders
Gold has Formed an Inverse H&S Bottom for a Retrace to at Least 1250 Gold has formed an inverse head and shoulders bottom (red neckline) for a mandatory retrace to a megaphone VWAP at 1250. It...
View ArticleClik here to view.
QQQ Extended Rising Wedge Top
QQQ is Forming an Extended Rising Wedge Top QQQ is working on a rising wedge top (navy blue) on a price channel top (blue) for a large rising wedge top (red) that it’s been working on for almost a...
View ArticleClik here to view.
Gold Price Channel
Gold has Confirmed the Red Price Channel on its 60-Minute Chart & is in Its Critical Decision Wave Gold has confirmed the red price channel on its 60-minute chart and is in the channel’s critical...
View ArticleClik here to view.
10-Year T-Note Potential Inverse H&S
ZN is Massing Against the Neckline of a Potential Inverse H&S The 10-year t-note is massing against the neckline of a potential inverse H&S. Usually when you see this kind of massing, the price...
View ArticleClik here to view.
ES Triangle
ES has Formed a Little Triangle Since the January 6 High & will Likely Morph it Into a Larger Triangle All the Way to the Orange Rising Megaphone Bottom ES has formed a little triangle since the...
View ArticleClik here to view.
Endless Triangle Must Come to an End
The Blue Triangle is Legal for a Breakout Upwards The blue triangle is now complete and legal for a breakout upwards (green scenario). It could pierce the triangle bottom before that breakout. If...
View ArticleClik here to view.
Triangle Breakout
The Blue Triangle has Broken Out Upwards – If the Breakout is Cancelled, It would Usually Be Because a Megaphone is Forming The blue triangle has put in a legal breakout upwards and retested the...
View ArticleClik here to view.
Gold Update
Gold Appears to Be Forming an Interior Megaphone Across VWAP of its Blue Megaphone Gold appears to be forming an interior megaphone across VWAP of its blue megaphone. While this could be a bottoming...
View ArticleClik here to view.
ES Triangle Would Mean Bog-Down Scenario
The Blue Triangle would Confirm a Bog-Down Scenario Friday’s post was about how ES needed to make a fast break through 2300 and keep going to avoid getting locked into a bog-down scenario. Now it looks...
View ArticleClik here to view.
Gold is Approaching its 1250 Critical Decision Point
Gold is Approaching its Critical Decision Point at the Purple Megaphone VWAP Gold is approaching its purple megaphone VWAP (volume-weighted average price) and critical decision point at 1250. Gold had...
View ArticleClik here to view.
US Dollar Update
DX is at the VWAP of its Long-Term Megaphone (Red) The dollar is hung up at the VWAP (volume-weighted average price) of a very long-term megaphone that began forming in the late 1980s (red on chart)....
View ArticleClik here to view.
Yen Critical Decision Point
Yen Inverse H&S Bottom (Red Neckline) vs Blue Falling Megaphone Yen futures have completed an inverse head and shoulders bottom with a megaphone right shoulder (silver) on the drop out of last...
View ArticleClik here to view.
GDXJ Inverse H&S
GDXJ Inverse H&S (Red Neckline) GDXJ has an inverse H&S bottom on its long-term charts (red neckline). It’s also formed a megaphone off the bottom (blue) and just put in the retrace to VWAP...
View Article
