To The Moon

$WTI Crude Oil - main 2310(CLmain)$ $Micro WTI Crude Oil - main 2310(MCLmain)$ We have a W formation inside an H&S. The 55- and 100-day SMAs may provide support in the 75.50 – 75.80 area.On the topside, resistance might be at the recent peak of 81.75 ahead of the breakpoints near 83.40 ahead of the prior high at 84.89.On AUG20, We have a confirmed Inv H&S on WTI with TP at 83.5. Might go down to 80 first. If it can close below 78.9, the H&S is invalidated, but so far so good.

$NASDAQ 100(NDX)$ NDX Down After CPII might be in the minority here - I can see there's a bull flag on the S&P chart, but to me it looks like a retest of the double top . TP 12400. TP 2 is 12000. The fat lady hasn't sung yet, but seems I'm not wrong.https://www.tradingview.com/chart/US100/102eQwfQ-Down-After-CPI/

$Micro WTI Crude Oil - main 2302(MCLmain)$ In 2005, hedge fund Amaranth booked a profit of $1bn trading Natgas. A year later, it collapsed with $6bn loss as the Widowmaker fell from 16.3 to 4.5. Two years later the price dropped from 14 to 3, a 79% dive. In my previous posts I kept talking about bear flags and shorting NatGas. However I believed that max pain was 3.5, which is 65% from the top - August 2022 - how could it go down further, I thought. Well, now looking at historical data, I've changed my mind. There's nothing to stop the Widowmaker from going to $1 this year.https://www.tradingview.com/chart/NATURALGAS/etd63VRm-NatGas-is-Crashing-How-Low-Can-We-Go/

Gold in 2023$Gold - main 2302(GCmain)$ On the daily,gold has formed adouble bottom, indicating it could go to 1840 shortly, and Fibs wise, it could go to 1860 quite soon too. But as a gold permabear, I'm not worried, because thedouble topon the monthly and yearly timeframes trumps anything else on other timeframes. I don't want to bore you with fundamental analyses - which I can do in my sleeps since unlike most so-called 'experts' and pundits, I have at least one masters degree in Economics and finance from an Ivy league school and was lectured by Stiglitz - because fundamental analyses take years to filter down to even swing trading, and everything points to a bear market forgoldanyway. It would be until 2028 that we can see a

The pain hasn't ended. Whenever Nattie reverses, there are big impulse/momentum moves leaving very long wicks. Haven't seen anything like that yet.Record setting warmth will spread across the US for the next 12-days for the lightest demand in more than 40-years. The pattern around Jan 10 will be closer to seasonal, although quite far out and subject to changes, such as the overnight GFS and EC showed.While StormElliottwas raging outside Wall St and Nymex, bringing temp below -45C, NatGas price plummeted by 50% from its peak in August, the hottest time of the year. Go figure.So what's next? On this particular chart, there's no strong support till $4 or lower and the path less resistant is down.Note: The operative word is particular.https://www.tradingview.com/chart/NATURALGAS/XhYchChg-O-ELL

O ELLIOTT, WHERE ART THOU?While StormElliottwas raging outside Wall St and Nymex, bringing temp below -45C, NatGas price plummeted by 50% from its peak in August, the hottest time of the year. Go figure.So what's next? On this particular chart, there's no strong support till $4 or lower and the path less resistant is down.Note: The operative word is particular.The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.https://www.tradingview.com/chart/NATURALGAS/XhYchChg-O-ELLIOTT-WHERE-ART-THOU/

$Micro WTI Crude Oil - main 2301(MCLmain)$ Wti climbed, probably Biden secretly bought some of the SPR back, but could not pass the golden pocket. Likely go back to 70 then rinse and repeat.Once the news of Russia's retreat from Ukraine (likely fake) hits,oiland gas prices will spike down so far and so fast your ears will pop. Meanwhile, WTI has more recently dipped below the 80% retracement of the 2021-2022 major move at $70 and borders the middle level of the Biden administration’s $67-$72 range. Price action appears to be respecting this level but that is not to say prices can’t head toward $66 in the interim.The RSI has yet to enter oversold conditions, suggesting that further downside remains a possibility despite the artificia

$Micro WTI Crude Oil - main 2301(MCLmain)$ Once the news of Russia's retreat from Ukraine (likely fake) hits,oil and gas prices will spike down so far and so fast your ears will pop. Meanwhile, WTI has more recently dipped below the 80% retracement of the 2021-2022 major move at $70 and borders the middle level of the Biden administration’s $67-$72 range. Price action appears to be respecting this level but that is not to say prices can’t head toward $66 in the interim.The RSI has yet to enter oversold conditions, suggesting that further downside remains a possibility despite the artificial floor set by the SPR. Support comes in at $72, $67 and $62 (full Fib retracement). Resistance remains at $77, followed by $88.40.https

Gap's filled, finally. If I'm a swing trader, I'd short right here at the top of the gap. This formation has fulfilled its functions.As before, daily there's nothing to show we're in a bull trend-the price rose but got shot down before reaching the Golden Pocket. Demand is likely to surge 1-2 Dec, then returns to bear for next week.Can't paste charts here, but from Thanksgiving 2021 to 20 Dec 2021, the market went from 5.482 to 3.499, down by 36%.After this Monday's gap is filled, I expect Nattie to slide to 5.3 again to make a triple bottom. A smallerbearish flaghas formed on the 4h.$Micro WTI Crude Oil - main 2301(MCLmain)$ https://www.tradingview.com/chart/NATURALGAS/uXr4ODdW-More-Bearish-Flag/

$Micro WTI Crude Oil - main 2301(MCLmain)$ Thinking about selling. Biden has changed his mind , stating that the Strategic Reserves won't be refilled unless the price stays consistently in the low 70s.$74 target filled, Continue to DCA up, in line with Biden.The Strategic Reserves is going to be replenished between $64-$76. I'm starting to buy.f Breaks and closes below 83, WTI will head back to $74. The gap at 80 will be filled first.https://www.tradingview.com/chart/USOIL/UKmauL42-Double-Top-Oil-Could-Go-to-74/