Dynamic Fib Time and Price Trade Strategies. Trading and teaching traders practical trade strategies for over 35 years. Consistently successful trader.
Learn To Trade, Not Forecast.
If you learn to trade, you will never be concerned with where the market is going.
Learn to identify conditions with a high probability outcome, and trade management.
You will not seek to know the future, but learn how to make money trading.
I just Post 1 or 2 times a week with charts or videos. Never a forecast. Always a potential trade opportunity.
BITCOIN near potential MONTHLY HIGH. A close below 75,775, the 4/29 close, should complete an ABC correction eventually followed by a bear trend to below the January low. A close above 84,600, the November 21 close, voids this potential bearish outcome. If the four year, halving cycle, continues as anticipated, Bitcoin is likely to be net bear to Septermber or later.
Gold reached an almost ideal position to complete a Wave-D correction last Friday.
A close below 4679.7, the 4/2 close, is a bear trend continuation signal and a probable continued decline to below the March low..
A close above 4879.6, the 4/17 close, voids an immediate bear trend.
BITCOIN WEEKLY HIGH BY NEXT WEEK PROBABLE. A weekly high, probable Wave-4 correction, should be complete by next week. The trading range from the Feb. low has all the characteristics of a correction. A new low is likely.
CRUDE TOP NEAR. Probable weekly high by next week. Followed by 3-4 weeks or so Wave 2 or B correction. See chart and comments. Learn to trade, ignore forecasts.
GOLD probable lower over the next 2-3 weeks. Gold (and silver) made an almost ideal ABC correction into the March 2 high. Last Friday's close below 5078.7 signaled a weekly high should be complete and gold should eventually decline to 4372 or lower. Were you prepared?
SPX Confirms Bear Trend. Did you take advantage of the 3/2 post showing the ABC correction? If not, why not? It was text book. The immediate bear trend is confirmed. Downside time and price target identified. Learn to trade with The DT Report.
ES: ABC? What follows? This is one of several stock index charts with specific trade strategy comments posted to our DT Report subscribers Saturday. Helpful?
ES BREAK DOWN? Do you know the ramifications of a decline early next week? DT Report subscribers do. Is ending-diagonal meaningful to you? Google it before Monday!