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Want to know what they are really watching

(YUAN) CNYA

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#1 opinionated

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Posted 19 May 2019 - 09:57 AM

Simply Chart the Yaun...

 

It could not be more obvious....

 

Weekly sell, Thats a big Deal...   

 

Just my thoughts and I'm a great fade... But Even a Blind Squirel as they say.

 

To disclose I am short XLF as I think the bottoms about to fall out....   The markets forward looking as we know and as we also know Yields are testing lows and going lower. Fed's projected to cut rates twice by the end of the year.  

 

Also Long Gold...  Actually GDX

 

Best to ya'll

 

O

 

 



#2 fib_1618

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Posted 19 May 2019 - 04:13 PM

To disclose I am short XLF as I think the bottoms about to fall out....  

 

Also Long Gold...  Actually GDX

 

 

Be careful on both positions K (data through 5/10/19)

 

Fib

 

breadthxlf051019.png

 

breadthpm051019.png


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#3 opinionated

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Posted 19 May 2019 - 04:48 PM

Thanks Fib,

Very much... tight stops are in order then. Don't feel so sure now.

Best