What A Wyckoff Change of Character May Signal For Gold And Crude Oil?

WYCKOFFPRO
2022-03-14

A Wyckoff change of character showed up on 9 March 2022 in both gold $Gold - main 2204(GCmain)$ and crude oil $Light Crude Oil - main 2204(CLmain)$ , what does it mean for them in the short term and long term.

Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

Despite the bearish market sentiment, there are still plenty of outperforming stocks as shown up in the screenshot from the stock screener below:

Commodities and marine shipping outperform the market. When the tide turns, these will be the first group to show strength and produce impressive return.

If you are day trading the US futures or swing trading for Malaysia and US stocks, do check out my YouTube Channel: Ming Jong Tey for additional videos and resources. @TigerStars $Alibaba(BABA)$ 

Safe trading.

Ming Jong Tey

# Technical Analysis

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • GregoryRichardson
    ·2022-03-14
    Gold is still the best choice in my heart. Silver is also good choice.
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    • WYCKOFFPRO: 
      yes, silver is bullish. A lot more volatile than gold.
      2022-03-14
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  • WYCKOFFPRO
    ·2022-03-19
    $标普500(.SPX)$ 周五有一个没有太多供应的趋势日。下周可能测试4500-4600。这是一个性格发展的变化，这是一个看涨的迹象。当心股票触底反弹
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  • WYCKOFFPRO
    ·2022-03-20
    the bullish patterns such as the stealth supply absorption in $S&P 500(.SPX)$ reflected in lack of down progress is a short term change of character to the upside,  propelled by short covering.
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  • WYCKOFFPRO
    ·2022-03-18
    $标普500(.SPX)$ 在4400测试密钥级别。超过此键值的突破应该测试前一个高点。跌破4320点很可能会回过头来测试低点。空头回补正在展开。
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  • WYCKOFFPRO
    ·2022-03-17
    follow through day yesterday. Beginning of up swing in $S&P 500(.SPX)$ . A concrete favorable outcome from the negociation should further stimulate the up  move. Yet Long term bias  is still down
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  • William85
    ·2022-03-14
    There are many factors affecting the price of crude oil, so I think it is risky to invest in crude oil right now.
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    • cuteypie: 
      OK
      2022-03-14
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  • WYCKOFFPRO
    ·2022-03-16
    change of character causes the reaction in oil and gold. So far a healthy pullback without threatening supply. Watch out for outperforming oil and gold miners stocks to prepare for the next rally.
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  • WYCKOFFPRO
    ·2022-03-15
    the past 2 trading sessions are a typical day in a bear market. Rally either in non-rth or first few hours followed by a close at the low. Lack of demand as the strong hands avoid holding overnight.
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  • EvanHolt
    ·2022-03-14
    是的，市场上总有上涨的股票。
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  • 4everb13ssed
    ·2022-04-12
    better days ahead
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  • HilaryWilde
    ·2022-03-14
    Commodities and shipping prices did go up a lot.
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  • IcySilver
    ·2022-03-14
    部分航运股看涨
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  • BABAMood
    ·2022-03-21
    yes
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  • aceralvin
    ·2022-03-20
    👍
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  • Tehgaogao
    ·2022-03-17
    👍
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  • David_lim
    ·2022-03-15
    Gd
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  • patricklowck
    ·2022-03-15
    ok
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  • AlfonsoDex
    ·2022-03-15
    ok
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  • Akong
    ·2022-03-15
    Great
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  • Enghui
    ·2022-03-15
    👍
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