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$BTC Cash - yep/nope! LT trendline held and the subsequent flagpole rally appears to have arrested almost dead on the cyan cycle low projection in a possible inversion, with the pattern potentially an ascending wedge, in which case a a flag could complete the advance

$XAU Philly gold/Silver Idx - yep, but the cyan cycle now starting to look a toppy, with the lime 5wk just past the midpoint. Could still pop but risks starting to mount on the downside, esp with the dom 6/7wk cycle in $GC also potentially rolling over/rally from mid May arguably an ABC corrective

$DX Dollar Idx - Post GFC LT broken uptrend vs EUR intact here (blue rising). But the rally from the mid Apr low failed at the downtrend from the Jan high 2nd time in May last wk,. Imv just a Q of time before the LT uptrend is broken, but some risks rn with variance creeping into USD crosses

$ZN / Ponzis - ST an impulse looks close to completing and expecting a correction, but tho the action from the May low looks an ABC the B wave does not look right to me. Need to see shape of next reaction

Lotta cross-currents rn, and the trading environments seems particularly treacherous First equities; subsector leaderboard last wk turning defensive, with the wkly px trend having rolling over prior wk. Still some risk of a whipsaw, but ST likely heading >5700, maybe >5550

Has Starmer's brown nosing signing a trade deal with Trump substantially locked UK in to a 10% tariff rate, whereas US tariffs on RoW have been ruled illegal?

#ES S&P 500 futures - Trying to pole vault the cash market above the midmonth highs at the open, but little volume behind this move with obv very sloppy for several wks now. I'm looking for a high ST

$GC Gold - Forgot to paste the drawing in, but yep, rally stalled/reacted at the flag upper trendline. Cld see more flaggy action here, but I suspect the rally resumes with am thinking new momo highs within a few days fwiw

subsector leaderboard : Mag7 ex S/W flying high, but smacks of a low volume mark up.

$TSLA - Autos & Parts top subsector Tue driven by speculative junk breaking out of a minor flag pattern a typical hallmark of the penultimate (corrective) stage of the C leg of an ABC, now within spitting distance of being complete:

GDPJPY LT (wkly. inverted) - I've much less data than is ideal to theorise long cycles here, but perhaps exiting a v LT affair in the vicinity of trendline support. Flaggy looking action thru US election normally expected to break dn, but imv cld break up, and in any case rallying off range lows rn:

EURGBP - yep, and signs cycles are stretching modestly, but the orange 4/5wk cycle now in and maybe just past the window for a low. On balance likely better opportunities elsewhere rn in fx imv tho, but still some potential (10-20% chance) for high speed advance to develop :-o

Dax Autos - Fri set an SRS ATL (+13yr) vs the DAX, but px near a potential lime cycle low having retraced close to 50% of the C19 bull mkt rally, with the most recent impulsive looking advance rejected at the 200d EMA but the subsequent reaction a likely ABC. Should run on new ST momo highs

subsector leaderboard fyi:

$GC Gold - yep, but exiting pivot obv indicating a little caution with px rn bumping into a possible flag trendline off the Apr high. Some chance tho a running ABC correction in play I've crayoned in for illustrative purposes ending beyond the point it started indicative of a very strong trend:

$SX7P Stoxx Banks - Running into possible resistance nr the '16/'17 SRS highs vs the Stoxx 600 down from 1st prior 2 wks to 6th in the Stoxx super subsector rankings, having shown considerable rel weakness on the Apr dndraft. Nevertheless set a fresh 7yr highs vs US Banks last wk probing resistance!

Financials - Bottom 2 US sectors prior 3 wks now testing SRS trendline support off last yr's double bottom, barely top half last wk but the only SRS+ subsector was Invst Svcs, which the S&P universe reveals was driven by Exchanges :-o Meanwhile momo stalling in global leaders Stoxx Banks/Insurance 🚩

$ZN US 10yr Ponzi - Another impulse looks to have completed Fri off the Wed low, but odds rising that completes a complex correction of the May Day downdraft developing since midmonth. Hard to say exactly what's going on but IF the old 10wk cycle is still exerting influence expect low 1st/2nd wk Jun

Transports - yep turned out to mark a 20yr SRS relative strength low in the group as px was about to exit the B leg of what looks a classic ABC correction now complete, with downside mkt leadership seemingly in the process of resuming and Trucking again worst internally as SRS retests the Apr LT low

subsector leaderboard - Top of the wkly starting to look fairly defensive, with some of the pre-rally cyclical downside leaders reappearing at the bottom like Transports, Energy, downstream parts of the Housing Complex

$ZN US 10yr Ponzi - Travelling this wk so not much from me but things anyway going pretty much according to expectation/plan ex Ponzis still under some pressure esp at the long end with $ZB testing the Jan low, but positive obv divergences and imv rolling over equities likely now supportive

JPY mnthly - ST pattern v similar to $DX with an ~8yr dominant LT cycle in lime looking toppy and next low due '29. Shorter term there's likely a 9m orange IT cycle in play next due to bottom in Jun. I reckon decent chance we see a test of key support nr 140 ST and maybe a flush into Jun if it fails

$DAX - Switching back to the better known headline idx, now testing old relative strength resistance likely turned support at the 03/23 high vs $DJUS (/$SP1500). Really remarkably resilient performance given the crescendo of US bullish hype/EUR weakness past wks, Fri at a new EUR closing ATH!

$TSLA - yep but all good things must come to an end and pattern off the end Apr lows a textbook sharp ABC correction example. Could have a little further to run/cld be done, but if/when px returns to the Mar-Apr range big volume changing hands in major worthless POS/BTFD argument gonna get v nervous

subsector leaderboard - Apart from mcap small fry Alt Energy, it's the old hits of the immediate Trump post election wave of mkt euphoria making all the running at short IT timeframes:

$DX Dollar Idx - So if odds don't favour an immediate ST reaction to the downgrade in Ponzis the dollar looks a better bet, with $DX quite possibly suffering a failed test of the steep downtrend thru the Jan high last wk and the pattern a good candidate for a completed ABC

$ZN US 10yr Ponzi - notwithstanding the post close credit downgrade, pattern clearly impulsive off the midwk low and subsequent reaction looks a corrective ABC so far. Advance did hit a minor Fib target so slim chance pattern complete but imv odds strongly favour rally continuation towards May highs