Weekly debrief

we are entering the last two months of this year and while we still building up towards elections next year we might still see quite some turmoil in the markets

the following BTC weekly chart shows some harmonies pointing at likely probabilities

I also added CCI trendline breaks so you can see that even in an unclear sideways environment which we weathered over the last ten month, there are ways to anticipatory are prewarned on how to catch multiweek drives

and if a signal like this occurs and you stack odds for entries on one or two time frames down you still can end with substantial short term profits and long term runners:

and do not be fooled by the aspect ratio of this specific chart presentation

a closer look at the last eight weeks for example shows that we had a 47.84 % profit move from $24853 to $36743 range that is

(another good example why you want to leave your runners untouched)

:as always S&P 50 trades the cleanest

with it's large set average, thick insides as a result of high volume trade activity and history this index is reliable to follow technical analysis

in the case of this week ES turned right at POC, high volume node of VWAP and produced a staggering move leaving candlestick in a bullish engulfing pattern and beyond:

the weekly chart shows a less obvious Apex that very well if penetrated to the upside could catapult silver prices into a substantial advance in price

beginning 2020 it shows that silver prices once in motion can move significantly in short periods of time

in that case prices moved from $ 11.64 to $29.85 in just 5 month

a 156.44% profit return

(It was at that time we recommended purchasing physical silver for the first time at $12.34 and reload at $14.17 in addition of spot price trades where we still hold runners from

price relationships of the past and the present towards the 200SMA would be in favor to this possible breakout as is the extended Gold/Silver ratio:

what also speaks in favor of the precious metal sector advancing in price is the weekly picture of the sector leader-Gold

after a breather, Gold could also see another attempt to advance up: