Spread Trade Idea in Commodities Could Offer 50% Upside
The ratio of palladium vs. silver is plotted below. The ratio is breaking out from a near decade-old consolidation pattern formed by lines (2) and (3). The logical upside target for the ratio is ~0.45x or nearly 50% higher. This…...
More Yen Downside or is 25% in Six Months Enough?
In the chart below the Yen appears to be breaking straight through critical 23.6% Fib retracement support (1985 lows / 1995 highs). This level, or ~1.00, is also parity level with the USD and a place of numerous important swing…...
How to Catch TSLA-like Moves Before They Occur
In the past three months TSLA shares have doubled. How does one catch a move like that before it occurs? Well, there’s never so much as a guarantee in the markets, but silly little lines can help, or at least…