July 2024 – The Art Of Chart

Month: July 2024

Solana Breaking Towards 2024 High

[vc_row][vc_column][vc_column_text]I called a possible swing low on cryptos on 5th July, and that's been progressing as expected so far, and BTCUSD (Bitcoin) is now getting very close to bull flag resistance. Bear flag resistance on Bitcoin is in the 70,600 area, and that is now getting very close. If that breaks then the flag target...

The Weekly Call – Trade Setups for the Week of July 28th

The Weekly Call provides perspective on high-quality setups and trading strategies focused in the Commodity world. My current performance shows a 777% return since October 2016. The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach....

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for July 28th

This is a weekly post covering Cryptocurrencies, specifically Bitcoin, Litecoin, and Ethereum. These instruments provide trading opportunities with out sized gains. I hope the analysis presented here helps you profit in these instruments. BTCUSD — The turn is confirmed in for the next legg higher, looking for 80,000 next and we can overthrow to 84,000....

The H&S on NDX

[vc_row][vc_column][vc_column_text]On the last big move up on equities the main and, almost only, driver was Tech. That has ended for the time being and, since it ended, Tech has been leading the way down. For that reason I have mainly been looking at NDX for signs that this retracement might go lower. In my premarket...

Bitcoin Approaching Bull Flag Resistance

[vc_row][vc_column][vc_column_text]I called a possible swing low on cryptos on 5th July, and that's been progressing as expected so far, and BTCUSD (Bitcoin) is getting close to bull flag resistance. Bear flag resistance on Bitcoin is in the 70,600 area, and that is now getting close. If that breaks then the flag target will be a...

The Weekly Call – Trade Setups for the Week of July 21st

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for July 21st

Reaching Initial Target Level on Solana

[vc_row][vc_column][vc_column_text]I called a possible swing low on cryptos on 5th July, and that's been progressing as expected so far, and is getting close to some key resistance levels and, in the case of SOLUSD (Solana), is hitting it. On BTCUSD (Bitcoin) the daily RSI 14 buy signal is reaching the possible near miss target area,...

A Changing Of The Guard

[vc_row][vc_column][vc_column_text]In my post a week ago I was looking at the runaway move on Tech, and the way the move had just blown through some serious sell signals on SPX without breaking a sweat. These moves can end anytime of course, and it may well be that the move has ended, with a powerful rotation...

Crypto Low Looking Good

[vc_row][vc_column][vc_column_text]I'm probably going to start writing a post every Monday morning on cryptos. That's a good day to do it because the pivot week on cryptos ends on Sunday night, so the weekly pivots on the daily charts I post on Monday mornings will be the new ones. BTCUSD made an interesting looking low a...