by SITM | Jul 17, 2024 | Gus Hingeley, No_index, Platinum
A Look at the Euro Taking a look at the Euro, I’m going back to the 28 December 2023 and 8 March 2024 monthly swing tops as this month’s case study. Chart 1 below shows three weekly swings up into roughly 100% of the previous monthly swing range. The last weekly...
by SITM | Jun 19, 2024 | Gus Hingeley, No_index, Platinum
More Natural Gas! This month is another look at Natural Gas. I’m currently enjoying a holiday in the East Kimberley and haven’t looked at any markets since this time last month, so this is a review and update for me as well! Last month I looked at the SpotV, July...
by SITM | May 15, 2024 | Gus Hingeley, No_index, Platinum
Spot1, SpotV or Contract Month? As Natural Gas pushes higher, we are now seeing a big expanding weekly swing up. This expanding weekly swing range has me questioning my bearish outlook and pondering, have I overlooked something? I may have been watching the...
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...