Saturday, June 16, 2018

Updates

There will be no updates from Saturday the 16th until Monday the 18th of June.

Good luck with trading and investing in the meantime. Be careful out there.

I will start posting again on Tuesday the 19th.

Friday, June 15, 2018

Dashboard Dailies (daily closing basis)

Daily Time Frame Trading

AEX @ 567,53 (AEX Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Trend Channel ( Target 650).
Shorter Term: Correction within channel.
Trade Position: Long (small position).
Support/Resistance: 555,77/572,81 and pattern bounderies.

BRENT @ 75,95 (Brent Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup invalid.
Longer Term: Bullish Trend Channel (Target 115,71).
Shorter Term: Move up within channel.
Trade Position: None.
Support/Resistance: 73,10/79,18 and pattern bounderies.

GOLD @ 1.308,30 (GOLD Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Bullish Ascending Triangle (Target 1.700).
Shorter Term: Move to lower boundery triangle.
Trade position: Long (small position).
Support/Resistance: 1.291,40/1.326,30 and pattern bounderies.

SOYB @ 927,25 (SOYB Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Longer Term: Possible repeat of 2009-2010 Complex Pattern (2016-2017) (Target 1.750).
Shorter Term: Awaiting possible breakout in this pattern.
Trade Position: None.
Support/Resistance: 921/1.050,75 and pattern bounderies.

XEU @ 115,72 (XEU Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup invalid.
Longer Term: Bullish Trend Channel (Target 1,40).
Shorter Term: Bullish trend channel in danger.
Trade position: None.
Support/Resistance: 116,53/119,97 and pattern bounderies.

TTIP mode and Trend trade setup validness is determined on a daily basis.

For Longer Term Patterns and their 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.

Sunday, June 10, 2018

Dashboard Monthlies

Monthly Time Frame Trading & Investing

AEX @ 560,03 (AEX Monthly Chart I). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 650).
Support/Resistance: 505,92/572,82 and pattern bounderies.

BRENT @ 76,46 (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) @ 200,04 (CRB Monthly Chart). TTIP mode.
Bearish trend direction. Trend investment setup valid.
Longer Term: Bullish Ascending Triangle (Target 245).
Support/Resistance: 190,42/233,53 and pattern bounderies.

GOLD @ 1.302,70 (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) @ 345,41 (DJR Monthly Chart). TTIP mode.
Bearish trend direction. Trend investment setup invalid.
Longer Term: Bearish Trend Channel.
Support/Resistance: 311,38/364,03 and pattern bounderies.

STOCKS (SPX) @ 2.779,03 (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) @ 119,83 (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) @ 117,78 (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.

AEX Elliott Wave Musings Update

This update should be read in conjunction with AEX Elliott Wave Musings which was revised on 26 December, 2016.

It presents the tentative Elliott Wave count as I imagine it.

SuperCycle (V) - Cycle I - Primary 5 - Intermediate 4 down. The hypothetical time horizon on the remainder of Primary 5 and thus Cycle I is Intermediate 4 down and 5 up (January 2018 - December 2020). Ideally Intermediate 4 down targets 515 or about and a potential targetzone on this projection for Intermediate 5 up and the whole of Cycle I might be 650-675.

Only when we go above 572,90 we will get an indication that Intermediate 5 up might be in play.

For a graphical display look at the AEX Monthly Charts (AEX Monthly Chart I and AEX Monthly Chart II).

Don't hang your hat on this kind of analysis. It will be wrong more often than not. It is only a human and therefore feeble attempt to create some order out of seemingly random market movements.

I don't trade or invest according to these views. For that purpose I only use the Trend Trade & Investment Principle which is explained at the bottom of this blog. Please also read the disclaimer there.

Saturday, June 9, 2018

Dashboard Weeklies (based on the previous business day)

Weekly Time Frame Trading

AEX @ 560,03 (AEX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 650)
Shorter Term: Correction within channel
Support/Resistance: 516,58/572,81 and pattern bounderies.

BRENT @ 76,46 (BRENT Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 115,71).
Shorter Term: Move up within channel.
Support/Resistance: 72,38/115,71 and pattern bounderies.

GOLD @ 1.302,70 (GOLD Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Ascending Triangle (Target 1.700).
Shorter Term: Move to lower boundery triangle.
Support/Resistance: 1.238,30/1.369,40 and pattern bounderies.

SOYB @ 969,25 (SOYB Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Possible repeat of 2009-2010 Pattern (2016-2017) (Target 1.750).
Shorter Term: Awaiting possible breakout in this Pattern.
Support/Resistance: 967,75/1.080 and pattern bounderies.

SPX @ 2.779,03 (SPX Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel.
Shorter Term: Correction within channel.
Support/Resistance: 2.676,81/2872,87 and pattern bounderies.

UST @ 119,83 (UST Weekly Chart). TTIP mode.
Bearish trend direction. Trend investment setup invalid.
Longer Term: Bearish Trend Channel.
Shorter Term: Move down within channel.
Support/Resistance: n.a./121,17 and pattern bounderies.

XEU @ 117,78 (XEU Weekly Chart). TTIP mode.
Bullish trend direction. Trend investment setup valid.
Longer Term: Bullish Trend Channel (Target 1,40).
Shorter Term: Correction within channel.
Support/Resistance: 115,58/124,63 and pattern bounderies.

TTIP mode and 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.