Ray Gilmour - MarketsMadeClear.com

Commitments of Traders & Advanced Seasonal Pattern software | Global equities, FX and commodity coverage.
CEO - Ray Gilmour
Contact [email protected]

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

Bitcoin UPDATE.

Out of all shorts.

The bigger-picture cycle view still points towards an October low, but price is actually holding up better than previous cycles. Historically, corrections of around 70% had already occurred by this stage. So far, this decline is 'only' 53%.

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

@asklivermore The mid-term (purple line) is an important pattern but there has been a negative correlation with that pattern so far this year. There's an alternative pattern (blue line) however, which price is correlated with and the two patterns start to align now, suggesting a low this month

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#USDX following the seasonal roadmap perfectly.

Many seasonal patterns now suggest the dollar is nearing a peak, so while USD may still be bullish as we start the week, I am watching for signs of exhaustion and looking for ways to get short.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

JPY UPDATE - Remains one of the most interesting potenital setups.

#USDJPY back at 160, while positioning remains extreme.

Non-commercial traders now hold their largest ever short position in #JPY. If those shorts are forced to cover, the move could quickly become aggressive.

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

Check out for market report https://t.co/O6W8dtHT1Y

The #dollar has moved higher as expected but where to now having reached 100? Are we near a low in #Gold and how to approach this week in US #equities after last weeks sell-off and the #SpaceX IPO this week.

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

There’s plenty of hype around a potential #SpaceX #SPCX IPO on June 12th, but hype does not always mean instant upside success.
History shows the biggest IPOs rarely perform well at their launch, and given the levels the market is currently at, this could mark a near-term top.

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#USDX continues to track its historical #seasonal pattern very impressively.
The bias remains for one more move higher, with 99.50 the key level for long confirmation, targeting 100. Below 98.65 invalidates this setup.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#Gold has rejected the 4400 area, our target area for previous shorts, and early signs of a new uptrend emerging are starting to improve.
#Seasonally June is a bullish period, but for now the key level is 4580 price must break.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

Equities continue to push higher, while major FX pairs consolidate. This week's market preview looks at if this will continue or if we should expect a change in the near future.
#S&P500, #Gold, #USDX, #JPY, #Bitcoin plus early thoughts on the #SpaceX IPO.
https://t.co/O6W8dtHT1Y

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

16 years ago, I bought a book that would take me on a journey. A journey that ultimately led to the creation of https://t.co/J3KlyAmw10 and the business it is today.

So it was a real honor to finally meet its author, Larry Williams, at this weekends Cycle in the city conference.

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#JPY positioning reaching an extreme.

Non-commercial shorts are at their highest level in 19 years, while commercial long positions are at levels seen only 4 times in the last 40 years.

A condition often associated with major lows in the market.

#COT #MarketAnalysis #Trading

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

Honored to attend this years 'Cycles in the City' conference. An amazing opportunity to hear insights from so many legends of the industry.

Larry Williams
@studyofcycles
@McClellanOsc
@bbands
@jakebernstein
@AndrewPancholi

https://t.co/2a0jdCrzzl

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

This is why the #VIX matters.

Last week saw the #S&P500 move lower, but the VIX did not confirm fear.

When there is little fear in #equities, sell-offs often fail to accelerate, with buyers stepping back in quickly.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#USDollar remains one of the cleaner themes this week.

The key area now is 99.25. Back above this level, and #dollar longs become interesting again.

Below 98.90, the long-dollar idea comes off the table short-term.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#Bitcoin has seen price rise near 40% since the February lows but the path is still lower from here during this phase of it's cycle. Next major low not expected until October 15th later this year.

https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

The bank of Japan #BoJ may have intervened in the #FX #markets but traders are not listening, and continue to sell #JPY.
https://t.co/f3yRATWQYY

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

As covered in this weeks market report, the #dollar remains seasonally bullish, targeting the next major resistance level at 100.30.
https://t.co/tjOnKSHHta

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

#GBPUSD is entering its most #seasonally bullish period of the year. A period with multiple 75% success rate optimum patterns identified by our software. Profit has been taken on previous shorts and now actively looking for long positions.
https://t.co/tjOnKSHHta

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

If you want to build a sustainable trading strategy, you need to start with something you know works. A strong foundation you can build on. This post details our latest testing and how you can turn this into a complete #tradingstrategy.

https://t.co/LtGSofFbwr

[Ray Gilmour - MarketsMadeClear.com @MarketsMC]

What began as a fascination with @trading evolved into a mission to make financial analysis more structured, transparent, and accessible to retail @traders and @investors worldwide.
Read about the journey in the @UAETimes.
https://t.co/iilyCFZ4JH