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$UKA FTSE All Share Idx - Less sterling sensitive broad mkt for a change outperforming big caps, now within a whisker of the early Mar ATH. A breakout may or may not happen ST, but am convinced this is the final leg of a major ascending wedge developing since GFC. End is neigh imv!

submitted 1 day ago • 0 comments

Fed o/n RRP (bot win) vs S&P 500 inverted - 2 mnths on and got a somewhat atypically large $150bn build into May month end, seemingly substantially ploughed back equities last wk. in which case the surprise is gains weren't more spectacular!

submitted 1 day ago • 0 comments

subsector leaderboard fyi:

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@support.bsky.team Any chance you can put the copy post url function back in the ... menu?

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Software - yep, but breaking out of an SRS flag Apr/May in Jun setting a 16m SRS high fri testing the Jan '24 ATH, with px probing above the Dec ATH, but obv soft on the recent rally and rel volume tentative on the current leg. Expecting a whipsaw:

submitted 1 day ago • 0 comments

Low volume melt-up continues

submitted 1 day ago • 1 comment

Housing Complex/Bubblers - yep Bubblers setting a 3.5yr SRS low low confirmed by an obv momo low. Looks terrible in many ways but now a - so far minor - trendline break of the downtrend for the decline from the Q4 px ATH, and perhaps potential for rel and maybe even abs gains esp if Ponzis perform

submitted 3 days ago • 1 comment

USD crosses fyi:

submitted 3 days ago • 0 comments

$TSLA - yep, and for the avoidance of doubt let's zoom in to appreciate the ABC trendline break came Wed in advance of the billionaires' bunfight. You love to see it!

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$ZN / Ponzis - yep, disaster Ponzi headlines abound but the 10yr hit a 4wk high Tue, and tho the advance off the midmonth lows appears a complex hard to analyse corrective affair, at 1 higher degree almost certainly forms part of a wider flag thu the Apr low. Sideways for a while...

submitted 3 days ago • 1 comment

subsector leaderboard fyi:

submitted 5 days ago • 0 comments

Am travelling and my stuff has just crashed for the 2nd time this morning, but another weak volume day Tue with large cap making all the running. Question is whether the mkt can limp thru to the summer doldrums autopilot or heads south ST (still my expectation)

submitted 5 days ago • 0 comments

DJ Ind Machinery - Testing the LT SRS uptrend line off the dotcom era value capitulation low:

submitted 6 days ago • 0 comments

Industrials ranking to industry group level (1wk sort) - rel weakness broadening internally in key cyclicals, with Ind Machinery setting a 3yr SRS low Mon, along with Transports led by Del Svcs and Containers & Pkg all at >52wk SRS lows:

submitted 6 days ago • 0 comments

Key test of the lows from last wk just below 98.60 in progress rn. If it holds could see that downtrend line from mid Jan broken and a further leg up on a short covering pop. Alternatively good potential for a late cycle flush if ST support fails to hold:

submitted 6 days ago • 0 comments

$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

submitted 8 days ago • 0 comments

$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

submitted 8 days ago • 0 comments

$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

submitted 8 days ago • 0 comments

$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

submitted 8 days ago • 0 comments

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

submitted 8 days ago • 0 comments

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?

submitted 11 days ago • 1 comment

#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

submitted 11 days ago • 0 comments

$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

submitted 12 days ago • 0 comments

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

submitted 12 days ago • 0 comments

$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:

submitted 12 days ago • 0 comments

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:

submitted 14 days ago • 0 comments

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

submitted 14 days ago • 0 comments