thesandage

thesandage

We have been building in strength and have reacted positively to earnings thus far. Along with positive market news the push is continuing to trend upward. However we are approaching the 1 Year Resistance point at 295. This chart shows 3 possible options ending the month of January and going into Feb 1. My potential entry points for each trade depend on the Pre...

thesandage

Gold is following the line as predicted. Let's see if we can break through resistance at $1294

thesandage

Gold has been on the rise over the last few months and appears very bullish. According to this 7 day Channel Gold is touching the bottom of the channel and could break out or break down. If it breakdown we could see $1280 and which is a strong support area. There we could reverse back up toward 1300. On the contrary we could also bounce off of the bottom of this...

thesandage

As of Dec. 26th USOIL has been on a reversal from its 2018 Q4 correction. As OIL continued to rise we hit our next level resistance of $49.50-$50.00. Over the last 2 days we've had trouble breaking through the $51-52.00 range. According to my charting we are approaching the bottom of our 7 day channel. In the last 2 days we have been creating a rising wedge....

thesandage

As of Dec. 26th USOIL has been on a reversal from its 2018 Q4 correction. On Jan 10th we broke through the resistance area of $51.25. The XOP as we all know is directly related to USOIL as it tracks an equal-weighted index of companies in the US oil & gas exploration & production space. The XOP's first resistance area that was broken through was $29.90. As XOP...