by discobiscuit | Dec 29, 2022 | RISK FRAMEWORK
12.29.2022 WEEKLY CHART: We do not have a position in USDCAD, but this looks like a BULLISH PENNANT. We remain +USD (EUR, GBP, CHF). We look at these charts for context.
by discobiscuit | Mar 13, 2022 | MACRO CHART, RISK FRAMEWORK
03.13.2022 MONTHLY CHART : This sell-off could be the a leg on the a-b-c move lower. DAILY CHART: If this is thesis is correct, the next rally should be sold aggressively. We will continue to update as price develops, this is the FRAMEWORK (possible) we see. at a...
by discobiscuit | Mar 13, 2022 | FRAMEWORK, MACRO CHART, RISK FRAMEWORK
WEEKLY CHART: There is a lot of energy being built in this chart. It might be time to take a LONG USD position here. DAILY CHART: This has an ENDING DIAGONAL that is breaking out. The next logical target is 6.6000 2-HOUR CHART: A real test would be a break/hold of...
by discobiscuit | Mar 12, 2022 | MACRO CHART, RISK FRAMEWORK
03.12.2022 DAILY CHART: The fact that the 38.2% FIBO held and it coincided with a Wave-4 finish is of material importance. We expect an extension to 2.25%. We will expand the chart. WEEKLY CHART: This is a PIVOTAL resistance. A break out here could accelerate the...
by discobiscuit | Mar 12, 2022 | FRAMEWORK, RISK FRAMEWORK
03.12.2022 Seems like this is a theme that may continue. Even in the face of RISK eroding, charts are indicating we may see further JPY selling in the near future. EURJPY WEEKLY CHART : Support tested, the rebound feels it has strong momentum. USDJPY WEEKLY: Breaking...
by discobiscuit | Mar 10, 2022 | RISK FRAMEWORK
03.10.2022 We watch for the support level, but we are thinking that the next rally will be a b-wave type move, a classic “sucker’s rally”. This chart illustrates our thesis. NASDAQ DAILY CHART:
