Posts
Midweek Update – March 10th
/in Premium /by Bob LoukasNearing the Turn
/in Premium /by Bob LoukasMidweek Update – March 4th
/in Premium /by Bob LoukasMarkets in Turmoil – Private
/in Free /by Bob Loukas
Trading Summary
Gold – None
S&P – None
Crude Oil – None
$USD – None
Video Report
In this video, I cover the standard Cycles of Gold, Equities, Crude, Dollar and Bitcoin, from a Daily and Weekly perspective. See below the video for any charts or images I presented that might be of interest. Also the Cycle counts, sentiment, COT blees rating are listed below the video.
Cycle Counts
Gold Cycle
Cycle | Count | Observation |
Cycle Trend |
Cycle Clarity |
Daily | Day 34 | Range 24-28 Days | Late Cycle | GREEN |
Investor | Week 15 | Range 22-26 Weeks | Mid Cycle |
GREEN |
Supporting Indicators
Sentiment Level | 77% |
Bearish |
Commitment of Traders (COT) |
Blees Rating – 2(Range 0 = Bearish 100 = Bullish) |
Bearish COT picture
|
Primary Trend (Weekly Chart) | UP | Bullish – Bull Trend |
S&P500
Cycle | Count | Observation |
Cycle Position |
Cycle Clarity |
Daily | Day 21 | Range 38-44 Days | Mid Cycle |
Green |
Investor | Week 39 | Range 26 Weeks | Late Cycle |
Green |
Supporting Indicators
Sentiment Level | 33% |
Very Bullish |
Primary Trend (Weekly Chart) | Up | Bull Trend |
CRUDE OIL
Cycle | Count | Observation |
Cycle Position |
Cycle Clarity |
Daily | Day 21 | Range 36-42 Days | Mid Cycle | Green |
Investor | Week 39 | Range 22-26 Weeks | Late Cycle | Green |
Supporting Indicators
Sentiment Level | 27% |
Bullish |
Commitment of Traders (COT) | Blees Rating (0-100) – 49 | Neutral |
Primary Trend (Weekly Chart) | Down | Post Crash. |
$US DOLLAR
Cycle | Count | Observation |
Cycle Position |
Cycle Clarity |
Daily | Day 21 | Range 15-20 Days | Late | Green |
Investor | Week 8 | Range 16-20 Weeks | Mid | Green |
Supporting Indicators
Sentiment Level | 50% | Bearish |
Primary Trend (Weekly Chart) | UP | Up-trend |
Markets in Turmoil
/in Premium /by Bob LoukasMidweek Update – Feb 25th
/in Premium /by Bob LoukasThe Weekly Gold Report
/in NewPublic /by Bob Loukas
Hello public blog followers of The Financial Tap. It has been at least two years since I published any free blog content. I am going to be making it a point to release one free post or report per month going forward.
The below video is an excerpt from this past weekend’s gold section of The Financial Tap premium report. It covers the current status of gold in relation to the Daily, Weekly, and long term Cycles. It has been an amazing run over the past 18 months and it’s clear to me that gold ended its bear market in 2016 and is now into the awareness phase of the next bull market. Although overbought and getting close to a big weekly cycle top, the longer term prospects for gold are absolutely amazing. I look forward to any comments you might have and hope you consider joining us on the next fantastic gold bull market run. Enjoy the video.