Hi,

Looking at the USDCHF, there is a possible short order, watch non farm results today, for finality on the pattern.

A short trade, but upside break not impossible, though outlier for me, also SNB intervention also a possibility but not likely before targets are run in my view.

Click below for the video:

USDCHF

Here is the chart

Regards

Francis

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Hi,

Great HVF Theory chart and grim outlook for Sugar..

Video below:

Sugar Crash

And Charts below that.

Here is the shorter timeframe..12 hour

Regards

Francis

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Hi,

An ascending wedge as the precursor to break down on oil..

Video here, click below

Light Sweet Crude

Happy Long weekend.

Francis

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Hi,

For those looking for a market short as we reach near terms highs and are a bit long of tooth, to hedge any longs.

KMR looks weak, having run a funnel lower and has since ‘bear flagged’ upwards in weak fashion with early signs of rolling over out of this flag.

Good long weekend to all.

Francis

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Hi

As a Technical chartist I remember my disbelief, when the SNB said it would raise the peg to 1.35 for the EURCHF. It sound like the ‘art of war’ ‘Act weak when strong, make out strong when weak’. Great pressure was placed on SNB on money wasted in early efforts in 2010, so pretending they would throw some excessively collossal sum at driving the market up 1500 pips and hold ing it their sounded stupid to the ‘Nth’.

Not stupid enough for ‘Goldman’ though to try recycle and lend fake credability too.. see Stan o’Neill below:

Goldman sells SNB’s unlikely yarn so they can sell out their Long Euro position

My take on the chartis an Inverted HVF heading south to 1.1974 next stop before any re-action, beware trading this for sudden spikes of SNB activity.

Here is my video on the chart click below.

EURCHF setting up for a fall..

Non-system mental stop after any spikes at 1.20200 enter short at 1.20059

Target 1.19746

Best wishes

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Hi,

I missed the primary break on Williams Sonara… but drawing the HVF’s ( Multiple ones also from my Metastock scan), I saw a firt Interim confluence tightly with

The primary HVF’s Breakout Level (Larger pattern), this had me deduce there was a reasonable probability that we would break and feign back in, allowing for a later entryat a lower entry.

Here are all the charts:

We expect a pull back due to first Interim target

The entry and re-asertion of the move

and a 10 min HVF so ‘not’ random even at low timeframes.. key levels

Video click below

WSM – Williams Sonara

Hope you enjoy, more great stocks in the scan to come.

Francis

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Hi,

Key clip on the Euro Bias’s for the medium term. I expect falls against all the majors  on a technical assessment.

Click link below, and remember to share the clip if useful. Not covered was EURCHF where a floor of 1.20 is being drifted towards on ever lower upside moves ala’ descending triangle to the SNB de fact peg’, expect it to prove too expensive to defend forever for the swiss and a downside break to occur..!

Bias Short on Euro technical assessment vs Majors and Gold

Regards

Francis

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Hi,

Here is EasyJets chart..

All these stocks and many more making targets all came from the Metastock scan of a few weeks back.

http://themarketsniper.com/store

Best Wishes

Francis

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Hi,

Interesting clip on the ‘drumsticks’ = A pair of candlesticks made up of an inverted hammer followed by a normal hammer, when the define the range of a HVF Funnel.

A formation I have named specificlly for its prevalence in defining a RH3 and RL3 in a forming HVF.

See it here in a HVF set up on Adelaide Resources.. share trades to target.. other interesting technical features herein.

Adelaide resources & Drumsticks Candles.. Click here

Regards

Francis Hunt

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Hi,

An update on how Gold and Silver may be a free market?

Video below.

Gold Manipulation Counterpoint

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