Corn: A Potential Fade Approaching Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.
Gannanalysis
TSLA: Post Split Update Further to the earlier idea shared before the splitting of this stock, here's an updated version of the chart showing the same levels but adjusted for the split. The structure of this market suggests a completed 3-wave impulse sequence, which is now being corrected by profit-taking and short selling. The current correctional formation is seemingly completing the A leg of a potential ABC correction. Approximate movement and supply and demand areas are highlighted for convenience. In case of suggestions or questions on this TA idea, drop a line in the comments section below. Staying tuned for further hints on the price direction of this exceptional stock.
TSLA Share Price Trading In ThousandsTSLA price action has been heavenly for bulls and agonising for bears; the price of the stock has increased more than by 1000% in just a few months. The above chart is an attempt to illustrate that increase by taking a locked price to bar relationship of $5 per 240min of trading. The result is quite simple yet elegant — an easy roadmap to navigate for the upcoming year at least.
CLQ0: Mapping Bullish ContinuationFurther to the earlier ideas on the August delivery contract, I would like highlight the fact that it has now become the front contract of the Crude Light futures curve, and that it did so while being traded at plus 100% from its YTD low. When the June delivery contract went into negative, this contract was trading at around $20/bbl. Two months later it is trading above $40/bbl and seemingly bulls are still very much confident in their holdings. Buying the dips towards the 150% area from YTD low seems reasonable. This would mean another 25% gain from $40/bbl. The chart shows all of the relevant details on the above.
CLQO: Up by 100%! What's next?Further to the earlier idea related to CLQ2020 contract in which there was a 100% up projection within certain time, it is now established that this contract traded the 100% up area from its YTD low, and that it is currently working the offers at this key zone. The sudden downside for long exposure that we saw earlier on today is most likely an effect of traders squaring off long exposure via profit booking. If aggressive bears are unable to gain momentum in this key area, the buy stops will surely increase the counter momentum. Staying tuned in for more.
Gold is going into a black hole.Hi guys
This is time and price analysis for gold using WD Gann square of 144.
As you can see on chart the price is well controlled by the shaded triangle which is 1/3 and 2/3 angles showing that gold is in a very week position trading below the 1/1 from the low.
Ptice and time was just square on Monthly and weekly chart.
Monthly chart in the link below.
I put on chart where and when i am expecting a tradable low for a last rally.
Kindly like and share.
Good luck.
CLN2020: Gap RetestThe July delivery contract is seemingly in a decent spot for buyers. Having retested the bullish structural gap area, oil is now trading at a price where many players are waiting for it choose the direction, which will ultimately accelerate the consequent move as players book profits/losses. This can be interpreted as having greater control of risk, as a $1.5K risk is enough to "know" whether one is wrong being bullish here.
Important dates, time & price zonesLTC top might be on (1 hr chart)
1/5 at 14:00
6/5 14:00
12/5 14:00 (V.I)
Square of 144
Daily chart
13/5 is a very important day (3rd square of 7 from 18/12/2019)
24/4/2020 (8th square of 4)
7/5/2020 (9th square of 4 from 18/12/2019) & 61 days from 7/3/2020
27/4-28/4 (45-46 days from 13/3/2020)
12/5-13/5 (60-61 days from 13/3/2020)
13/5 (90 days from 13/2/2020)
12/5 (522 days from 7/12/2018)
12/5 Mer @ 61 48
12/5 Jup(natal) (0,360) Ura
12/5 Ura(natal) (60) Mer
11/5 Mar (0,360) Nep (natal)
Important top levels (zones)
97.9-101.5-105.10 (V.I)
83.51-87.11-90.71 (V. I)
69.11-72.71-76.31
CLFO: Potentially Ready For A CorrectionSeemingly oil has completed a five-wave sequence. The structure seems odd, but overall this scenario seems to have some weight given the closing of the week where bulls decided to take profit. I expect that next week starts off red before another bullish leg. It makes sense to look for fading setups in the lower timeframes.