Tim Knight | TalkMarkets | Page 157
Managing Partner at Tim Knight Organization
Contributor's Links: Slope of Hope Slope+
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward ...more

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Broken ES Triangle Stays Broken
Gartman says the we are acting as a good hedged fund would act being long against broad market risk at the same time.
Gold Rally Extends
I guess gold got tired of bitcoin having all the gains, as it busted above its small basing pattern and is resuming its rally. I’ve pointed out the gap which I’ve mentioned before as a possible target for gold’s recovery.
Mexican Equity Nears Point Of Adios
The bad trend of Mexican equity continues as it nears the point of no return.
Bitcoin’s Massive Bullish Base
Well-encrypted 1s and 0s of imaginary currency have formed an astonishingly-clean basing pattern.
Twilio Trouble
The farther Twilio collapses in price, the more of a tool his chubby founder appears to be.
Crude Torched
Where is crude headed?
One Launching, One Failing
It looks like the animal spirits continue to run strong for equities, as just about every asset class is in the green.
Nasdaq Breakout Failure
Looks like there were quite a few breakout failures today.
Last Trading Day ES
Our final trading day will obviously be quite thin on volume, but looking at the ES on an intraday basis, it looks prone to some more weakness today, particularly if that red line at 2252.75 holds.
Gold: Precious Support
Last night, gold did its “gain a lot, then lose some ground” routine, which seems to be a habit these days. The good news for those long gold is that it managed to push its way past 1145.
Micron – To The Penny
How did Micron get to 23.64?
Morning Metal Smackdown
Over the past couple of weeks, poor old gold has been trying to get up off the mat. It’s actually meeting with a bit of subtle success (see green tints), as a series of higher lows is being formed.
Ridiculous Year-End Predictions
Well, they’ve started in force, especially in the world of financial media. The pundits are trotting out all the “surprises” and “shocks” that are going to take place in 2017.
Green With NVDA
Just astonishing – – and they just keep buying.
Spunky Then Slumpy
It looks like the equity bulls are making it their life’s mission to reach Dow 20k A.S.A.P. Given the momentum, it seems they’ll succeed easily.
Gold’s Positive Path
It looks like a “quiet pre-holiday trading day”, which is another way of saying ungodly boring. Here’s one chart of interest, though: gold. My supposition is that gold is going to enjoy its bounce in the days ahead.
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