Loc. Weekly May 24 We start as always by the cyclical situation:
Long-term (cycle at 340 gg)
How do you see is ready Fib to support us with a Gann Fan and the lower support of an upward party from the lows of March. We also stock the minimum 44 days of March 20 and then about half of the intermediate to 85GG of the graph. According to this hypothesis might actually start tomorrow with the formation of a new low, a rebound is expected to continue until mid-June. Under this support but we are facing dark days.
We go into detail and we see this cycle 44GG
Middle Period
you see here is still lacking as to lean slightly to the lower support of the trend we see in atto.E in detail the short cycle
In this graph you see fit within the cycle of a trend channel built through a quadrature Gann. Perhaps disappoint someone, but in my analysis cyclic operation covers a percentage less than 50%. I always try to combine the classical analysis of this instrument in order to better manage the timing of entry to the market. This is not to say that the analysis is not cyclical, indeed, but that combined with other tools can give us good results. However, rely exclusively on it can be very dangerous.
also add the speed graph
and
In the first graph you see the speed indicator (black), divided into blocks of about 5.5 days. According to this division tomorrow should cut up the line of 0 to confirm the restart of a new Tracy-1. In the chart below as you see a square instead of Gann there has to be specifically determined the maximum and minimum relative Gann .... great man ... if you do not understand it I'ma great admirer. And I add also that tomorrow is a day of setup for Gann ... so ... my eyes open.
operation tomorrow or at most we might see a new low Tuesday on where to go LONG. The focus however should be maximum as to not exceed certain levels (area 33300-400) in the first place could yet bring us down.
Target downward are 32910, 32840, 32670. On the upside 33065, 33130, 33185, 33580 and 33290.33435.
TSMATRIX
I have less time to update the signals provided by the TS that lately they are really very good. The speed indicator is below 0 and then reversed direction and is preparing to return a positive indicator but it is slow to 0 from the negative zone. Just a little tomorrow to generate a signal and generally LONG (tomorrow I will be immediately denied! Murphy's Law) is the indicator slow movements longer and this could match up with the rebound that I expect. Lately
work with another TS Intraday that tested in the past 2 months on the FIB gave very positive results with about 6000 points Net transactions in 35 (maybe later I'll post various equity and percentages). Anh'esso is ready to report a LONG entry.
I close by recalling once again that all my studies must not be taken at face value and that any operations based on them can lead to serious financial losses. Good Trading