René Jones
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The intermediate chart is showing the British Pound is in an uptrend. Price has reversed and so to join the trend we need an entry. The 60 min chart shows a high and second high but with less momentum. This suggests that price will sell off to demand before the rally continues.
07:53 PM - Aug 07, 2023
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René Jones
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On the intermediate timeframe, the Canadian Dollar is in an uptrend. The daily chart is showing Spinning Top. Take a long so long as price trades above 0.74915.
07:09 PM - Aug 07, 2023
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René Jones
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3M entered and rallied out of higher time frame (monthly) demand. Currently price is in daily demand. Price may rally as high as 122.
05:39 PM - Aug 07, 2023
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René Jones
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11:34 PM - Jun 16, 2023
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René Jones
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OPEC cut production of Crude Oil and this has increased price. You can see this on the chart with the GAP up on the daily and weekly chart. Crude is overbought so we may get a pull back before the uptrend continues. #Crude_Oil
06:43 PM - Apr 03, 2023
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René Jones
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FC is oversold on all timeframes. Price is in supply with a shooting star on the daily chart. The uptrend is not over. Price looks like it will pull back to weekly demand. The uptrend will continue to monthly supply. Take a short below so long as price trades below 199.825. #Feeder_Cattle
05:19 PM - Apr 02, 2023
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René Jones
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Silver has continued to rally but is now showing a Spinning Top on the daily chart. The monthly chart shows price is in a downtrend and close to a trendline. Take a short so long as price trades below 23.830. #Silver
04:58 PM - Apr 01, 2023
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René Jones
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Copper is showing negative divergence on the weekly and daily chart. On the weekly there is a harami at the top of the move. These signs suggest that Copper will sell off. #Copper
04:24 PM - Apr 01, 2023
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René Jones
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This is speculative right now as I do not have confirmation but Copper looks like it's forming a Head & Shoulders pattern on the monthly chart. #Copper
08:08 AM - Mar 30, 2023
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René Jones
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Soybeans rallied for the past two days. If you took this trade stay in but what the momentum when we get to the GAP. #Soybeans
05:13 PM - Mar 28, 2023 (Edited)
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René Jones
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Copper is overbought on the weekly and daily timeframe. We have negative divergence on both timeframes. Price has entered weekly and daily supply, Price looks like it's going to try and fill the gap. Take a short and stay in. #Copper
06:08 PM - Mar 27, 2023 (Edited)
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René Jones
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Crude Oil is currently pulling back but I expect the downtrend to continue once it reaches supply. #Crude_Oil
05:29 PM - Mar 27, 2023 (Edited)
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René Jones
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On the intermediate timeframe and the high timeframe, Soybeans are on an uptrend. On the daily chart we have been on a downtrend. The day chart is showing a hammer at the bottom. The next candle will break the trendline. Take a long so long as price trades above 1432'0. #Soybeans
03:17 PM - Mar 26, 2023
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René Jones
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Silver is in a downtrend on the monthly and weekly chart. On the daily chart we have a pulback that ended the week overbought and with a Shooting Star. Take a short if price trades below 23.125. #Silver
07:25 PM - Mar 25, 2023
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René Jones
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I looked at Gold again and I am seeing a Cup and Handle formation. The formation is not text book but close enough. This market is not going to sell off. It's going to have a big rally. #GOLD
06:15 PM - Mar 22, 2023 (Edited)
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René Jones
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The daily chart of the 30 Yr T-Bond is overbought, with negative divergence, and the high bounced of a trendline. I expect we will see a sell off to demand on the daily, most likely, the weekly chart before we see another uptrend. On the monthly chart price is moving sideways.
05:51 PM - Mar 20, 2023
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René Jones
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The S&P500 is currently trading in a range between high time frame demand and high frame supply on the monthly chart. .
Given that each swing is 8 to 10 months in length, we may be trading in this range for more than 7 years, #ES
12:46 PM - Mar 19, 2023 (Edited)
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René Jones
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Gold reached all time highs and has been moving sideways for more than 2 years. Now we have negative divergence on the weekly and daily chart. The monthy chart is almost oversold and we have a shooting star formation. We may rally a little more but gold is about to sell off. #GOLD
12:29 PM - Mar 19, 2023
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René Jones
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This is where I see Crude Oil heading.
03:52 PM - Mar 18, 2023
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René Jones
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The Australian Dollar is in a downtrend. It recently turned in monthly supply. On the daily chart pricing is pulling back but will most likely turn at supply (marked on the chart) and the downtrend will continue.
06:03 PM - Mar 17, 2023
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René Jones
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The Japanese Yen has rallied into daily supply and created a spinning top. Look for price to pullback probably to the GAP before the uptrend continues. #Japanese_Yen
05:44 PM - Mar 13, 2023
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René Jones
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3M is pulling back to higher timeframe demand on the monthly chart. This looks like a good longer term investment. #3M
08:53 AM - Mar 13, 2023 (Edited)
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René Jones
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The Australian Dollar has been moving sideways since 2011 (monthly Chart). The daily chart shows a hammer at the bottom of a short-term uptrend suggesting the uptrend will continue.
05:46 PM - Feb 20, 2023
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René Jones
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The CDN Dollar looks poised to rally tonight with a hammer formation at the bottom of a short term downtrend on the daily chart. We will not have a confirmed uptrend until price rallies above 0.75625. If price goes below 0.73875 then the larger timeframe downtrend will continue. #CanadianDollar
03:52 PM - Feb 19, 2023
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René Jones
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The CDN Dollar has been moving sideways since 2015. Presently the trend appears to be up. For confirmation price will have to close above 0.75625. This will establish the trend on the intermediate timeframe confirming price will continue to rally. #CanadianDollar
04:17 PM - Feb 11, 2023
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René Jones
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The Japanese Yen is currently is in a strong uptrend but we are getting a pullback before the uptrend continues. This market is providing a good opportunity to take a short based on the trendline touch on the monthly chart and the trendline brake on the weekly chart.
02:07 PM - Feb 04, 2023
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