Special Time Cycle Swing Trade Report With Set-Ups, Strategies, Alerts, Charts, News. July 7, 2019.
Below are Swing Trade Set-Ups Currently On Watch; S&P 500 $SPY Volatility $VIX Gold $GLD Silver $SLV Bitcoin $BTC Oil $USO US Dollar $DXY.
Review this Twitter thread as I commented some on each model below;
Working models tonight… that week of Oct 21, 19 time cycle peak… theres an inflection wk of Aug 5, 19 (but not near the size), Oct 21 is massive. Remember one I told u bout in to last Dec 24? This one has fire power potential 2B 2x size $SPY $VIX $USO $CL_F $DXY #timecycles
Working models tonight… that week of Oct 21, 19 time cycle peak… theres an inflection wk of Aug 5, 19 (but not near the size), Oct 21 is massive. Remember one I told u bout in to last Dec 24? This one has fire power potential 2B 2x size $SPY $VIX $USO $CL_F $DXY #timecycles
— Melonopoly (@curtmelonopoly) July 7, 2019
SP500 (SPY) Following our upper price target trajectory scenario near perfect since last SPY report, watch thick red line res test $SPY $ES_F $SPXL $SPXS #SwingTrade #Daytrade
The resistance overhead is key, if trade runs through it you can expect that to be possible support for continued run in to upper price target. This structured model has been quite consistent and is proving to be a decent swing trading guide for positioning of size through a move.
In this specific instance, the peak in to week of Oct 21 is broad global markets, SPY specifically is Sept 9 – Oct 4, so its a little earlier for some reason. VIX is Oct 21 week though.
A strong economy and Fed rate cuts: The stock market wants to ‘have its cake and eat it, too’ https://on.mktw.net/2YAQZk8
VIX The symmetry in previous time cycle peaks is amazing, watch Oct 21 2019 time cycle peak close. #volatility $VIX $TVIX $UVXY #swingtrading
Watch the first time cycle inflection in to Aug 5 week and then the large time cycle based on symmetry in to week of October 21, 2019.
ha one last note, its a wild card note, if $VIX got going it has a peak possible at 58.17 Oct 21, 2019 lol. Unlikely, but just saying, it has that in nitros available in the tank during that time frame, should a wild card scenario play out. #timecycles #volatility
Fed rate cut in question after June jobs report beat https://finance.yahoo.com/video/fed-rate-cut-june-jobs-183234715.html?.tsrc=rss
GOLD If you’re swing trading Gold use patience and trade the channel (red lines) it’s very clean $XAUUSD #Gold $GLD $GC_F
Of course if you’re using it as a hedge or store of value completely different story, but timing your entries in to Gold is well done with that channel between red lines on Monthly chart below.
Gold has time cycles peaking weeks of Aug 1 2019 (small), Feb 3 2020 (moderate), Aug 3 2020 (peak – large cycle peak). That far out however, you have to check back as we get closer as the timing can shift (a few months out we can nail it down exact) #Gold $GLD $XAUUSD #timecycles
Is The Debt Crisis About To Be Reborn In 2020? https://finance.yahoo.com/news/debt-crisis-reborn-2020-081448073.html?soc_src=social-sh&soc_trk=tw
SILVER Weekly chart seems to imply a break sometime in advance of Mar 2020 up or down, that’s all I have for you. #swingtrade $SLV $USLV $DSLV #Silver
Silver Sees Largest Daily ETF Inflow In A Year: BMO https://www.kitco.com/news/2019-07-04/Gold-Silver-Precious-Metals-Daily-News-Briefs.html
BITCOIN (BTC) One way to swing trade it (there are others in our report) is to long at the bowl trajectory on pull backs $XBT_F $XBTUSD #Bitcoin #Chart
Using other chart models on our Bitcoin report there are other not so static ways to swing trade the Bitcoin move, however, testing longs anytime price returns to that bowl trajectory seems moderately reasonable.
Oh, and Bitcoin’s time cycle peak is week of Dec 17, 2019. $BTC #timecycles
US Dominates Bitcoin Twitter Discussion, Sentiment Towards Facebook’s Libra is Sinking — Report $FB $BTC #Libra https://www.cryptoglobe.com/latest/2019/07/us-dominates-bitcoin-twitter-discussion-sentiment-towards-facebook-s-libra-is-sinking-report/#.XSKfJRyeeik.twitter
Crude Oil Weekly Chart is really interesting because 14 out of last 15 time cycles reversed (see previous report) Doing it again. #swingtrading
#Oil interesting because unlike recent time cycles where it was near same as market indices cycles (last Dec), it is off this cycle, Wk of Sept 23, 19 is an inflection with time cycle peak Jan 6, 20. Recent time cycle bottom June 10, 19 per our reports. #OOTT #timecycles $CL_F
US Dollar Index (DXY) Aug 5 2019 Mar 30 202 are the time cycles to watch, still trades around pivot $DXY $UUP #USD #swingtrading
Thanks
Curt
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Article Topics; Swing Trading, Set Ups, Strategies, Signals, SP500, $SPY, Volatility, $VIX, Gold, $GLD, Silver, $SLV, Bitcoin, $BTC, Oil, $USO, US Dollar, $DXY, time cycles