Sunday, May 20, 2018

Dashboard Monthlies

Monthly Time Frame Trading & Investing

AEX @ 567,03 (AEX Monthly Chart I). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 650).
Support/Resistance: 505,92/572,81 and pattern bounderies.

BRENT @ 78,51 (BRENT Monthly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 115,71).
Support/Resistance: 61,76/115,71 and pattern bounderies.

COMMODITIES (CRB) @ 203,69 (CRB Monthly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Longer Term: Bullish Ascending Triangle (Target 245).
Support/Resistance: 187,35/233,53 and pattern bounderies.

GOLD @ 1.291,30 (GOLD Monthly Chart). TTIP mode.
Bullish trend direction. Trend investment setup invalid.
Longer Term: Bullish Ascending Triangle (Target 1.700).
Support/Resistance: 1.238,30/1.377,50 and pattern bounderies.

REAL ESTATE (REIT) @ 327,52 (DJR Monthly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Longer Term: Bearish Trend Channel.
Support/Resistance: 315,40/364,03 and pattern bounderies.

STOCKS (SPX) @ 2.712,97 (SPX Monthly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel.
Support/Resistance: 2.532,69/2.872,87 and pattern bounderies.

BONDS (UST) @ 118,70 (UST Monthly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid (yield implication is inverse).
Longer Term: Bearish Trend Channel.
Support/Resistance: n.a./127,62 and pattern bounderies.

EURO VS US DOLLAR (XEU) @ 117,83 (XEU Monthly Chart). TTIP mode.
Bullish trend direction. Trend investment setup invalid.
Longer Term: Bullish Trend Channel (Target 1,40).
Support/Resistance: 115,58/139,93 and pattern bounderies.

TTIP mode is determined on a monthly closing basis. Trend investment setup validness is determined on a weekly basis.

For Patterns and pattern bounderies look at the Monthly Charts.

For an explanation of the Trend Trade & Investment Principle, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.