by SITM | Apr 24, 2024 | General Newsletter, Gus Hingeley, No_index
A Currency and WOW! A follow up on Bitcoin (BTC) from last month’s article, BTC has put in a failed weekly swing up and now at present has put in an expanding weekly swing down. This is very characteristic of a market that is getting set to do more to the downside....
by SITM | Apr 17, 2024 | Gus Hingeley, No_index, Platinum
Natural Gas – Back on the Radar? Last year for the March Platinum newsletter, I wrote an article on Natural Gas titled, ‘How Low Can Gas Go’? In that I identified the makings of a price cluster between 1.35 and 1.42. This cluster has taken a while to come to...
by SITM | Mar 27, 2024 | General Newsletter, Gus Hingeley, No_index
Just Another All Time High? I remember the hype around Bitcoin in late 2021 when it was nudging $70,000, with forecasts (mainly from friends) that Bitcoin was soon to be in the hundreds of thousands of dollars. Facebook feeds were filling up with anyone and everyone...
by SITM | Mar 20, 2024 | Gus Hingeley, No_index, Platinum
Scenarios, Scenarios, Scenarios! Continuing on from last month’s discussion on Gold, this market has seen a strong run up out of the 14 February low of $1,996.40. Unfortunately, there wasn’t the textbook, high probability entry signal to get long this market, as...
by SITM | Feb 29, 2024 | General Newsletter, Gus Hingeley, No_index
Are We Close Yet? Looking at the SPI200, the further the market goes up, the closer I’d assume we are getting to a monthly swing high. I think this will be a monthly Point B, which I find is often the harder point to pick of the A, B, C model. When markets are...
by SITM | Feb 22, 2024 | Gus Hingeley, No_index, Platinum
Can You Double? Two months on from the last Platinum Newsletter and we’ve seen the US indices, the Dow Jones, Nasdaq and S&P500 continue their strong moves from the October 2023 low and trading into new all-time high territory. The SPI200 is just holding its...
