Intermarket ratios – Gold vs S&P500

Bullish flag breakout on this ratio after an year of consolidation. If this ratio continues its uptrend then gold has to skyrocket!

Table of life

Thx to Manish

GOLD – Weekly reversal pattern in place!!!

Last week Gold made Weekly Bearish Engulfing pattern which by definition is reversal pattern. This pattern usually produce sell off. Let’s see what gonna happen this time

Quote of the day

There came a time

when the risk

to remain tight in the bud

was more painful

than the risk it took to blossom.

~Anaïs Nin

MSCI EM ETF (EEM) – Time to play BOUNCE!!!

Very Bullish Engulfing pattern in place in MSCI EM ETF (EEM) ..time to square short positions and to play bounce on the long side.

TREND ROOM Visitors map

Gold broke uptrend trendline – expect more losses

Gold stocks performed even worse than phisical commodity sign that we could see HUGE SELL OFF of this commodity!!!!!

Is it gold mania coming to an end…only time will tell!!!!!

Some FX Elliotwave stuff – EURUSD, GBPUSD

SPECIAL CONTRIBUTION BY BOZHIDAR YANKOV

MAJOR TREND ALERT – This time OIL TURNS BEARISH!!!!

one by one most asset classes turn in bears territory … I have have strange feeling that something BIG is cooking …..only time will tell what is it

MAJOR TREND ALERT – COPPER TURNS BEARISH!!!!

Copper closes below its 200DMA which is extremely bearish sign. Major trend turns BEARISH. Copper prices always are leading indicator of economic activity , so there is something more in this weakness.