Google site search Follow readtheticker on LindedIn YouTube StockTwits Follow readtheticker on Twitter
Blog ReLoad |Titles List |Media Only |Media Titles List |Market News |RSS RSS |ATOM Atom |FEEDBURNER FeedBurner|Email Delivery |Mobile
Created on: 4/29/2019 3:27:18 PM   Last Update: 5/18/2019 4:10:25 AM Posted by: RTT
WARNING: This entry is 1319 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Copper Cycle Bottom
copper-cycle-bottomTwo videos from RealVisionTv (Trade Ideas) suggested bulls may be returning to the red metal. We shall use readtheticker.com cycle voodoo to see if any cycles within copper can help us to a bullish theme. 


Video 1 - Copper Metal (04/22/2019)






Video 2 - Southern Copper (04/29/2019)





Well lets see if we can find any cycle to confirm such bullish thinking.

First, we use our customary BARTELS math to find if any cycles fit the time series price data. The math was tested on daily, weekly, and monthly data, the weekly data gave the best results (see below the cycle weekly period 177). The BARTELS scan data for the weekly data can be seen in the yellow indicator box under the price chart.

The RTTHurstCycle cycle tool swings well (like a simple sine wave) only when the price data it self is acting within the cycle. The more the RTTHurtsCycle swings a unlike a sinewave, the less likely price is acting within the cycle. You can see since 2009 the price data and RTTHurstCycle indicator is acting well. Sure there is one cycle inversion in 2015 (learn about cycle lingo on this link here), but now it looks like a bottom is in and bullish thinking is correct.

We at readtheticker.com use Richard Wyckoff logic to study price bottoms (ie accumulations), and this work suggests a sign of strength to $40 is required to confirm bullish trend to much higher prices.

One cycle to watch, a price inversion would not be bullish.


Click for popup. Clear your browser cache if image is not showing.
Copper




Divider




NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


Support this work by buying us a hot drink by CLICKING HERE. If you would like make greater contribution, please make a donation by CLICKING HERE

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

..."When I couldn’t play according to my system, which was based on study and experience, I went in and gambled. I hoped to win, instead of knowing that I ought to win on form."...

Jesse Livermore


...“To me, the 'tape' is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”...

Martin Zweig


..“It is much harder to sell stocks correctly than to buy them correctly.” Because of the emotional aspect of trading, if a “stock went up, the average investor would hold because he wants more gains – he’s exhibiting greed. If the stock declines, he also holds on and hopes the stock will come back so he can at least sell and break even – he’s hoping against hope”..

Bernard Baruch


..."This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President Woodrow Wilson signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill."...

Charles August Lindbergh Snr


..“The main purpose of the stock market is to make fools of as many men as possible”..

Bernard Baruch




         >> Print or PopOut or Pdf .
         >> Go Back

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



Search Blog Titles:
Search Blog for Text:
Search Blog for Ticker Symbol:

Or 'Click Me' to search this site with Google
What works in the market.
Wyckoff price road map.
Which time frame works best.

Pages
1. Blog Performance Review
2. List of the best blog posts

MostRecent
Liquidity Cycle to Bottom in 2023
RTT browsing latest..
Silver will be supported by China Juice in 2023
These charts are going to move
RTT browsing latest..

Ney(1)
Crypto Currency(23)
Central Banks(15)
Crisis Watch(9)
Wyckoff(2)
Cycles(4)
Gann(13)
Chart Review(13)
Browsing(120)
RTT TV(15)
Sector Watch(27)
RTT Tools(43)
Wyckoff 2.0(42)
Mystery Trader(6)
Market Strategy(71)
Cycle Review(68)
Swing Trade Idea(48)
Market Calls(23)
Investors(105)
News(7)
Bonds(18)
Metals and Forex(159)
Gann Wyckoff Hurst(119)
Wall Street(25)
Ticker Review(35)
Uncategorized(2)
Market Review(96)
Jokes(28)
Economic(90)

202211(3)
202210(5)
202209(3)
202208(4)
202207(4)
202206(3)
202205(5)
202204(3)
202203(3)
202202(2)
202201(4)
202112(5)
202111(4)
202110(3)
202109(5)
202108(5)
202107(8)
202106(9)
202105(7)
202104(4)
202103(7)
202102(6)
202101(8)
202012(3)
202011(5)
202010(3)
202009(4)
202008(4)
202007(4)
202006(3)
202005(5)
202004(4)
202003(10)
202002(5)
202001(5)
201912(5)
201911(5)
201910(7)
201909(5)
201908(4)
201907(5)
201906(5)
201905(7)
201904(5)
201903(8)
201902(5)
201901(6)
201812(4)
201811(5)
201810(7)
201809(4)
201808(6)
201807(5)
201806(4)
201805(7)
201804(6)
201803(4)
201802(7)
201801(6)
201712(7)


 

RSS RSS

ATOM Atom

FEEDBURNER FeedBurner|Email Delivery

  Blog Links
Marker TalkMarkets
Marker PhilStockWorld
Marker FinancialSurvivalNetwork
Marker Yardeni Research
Marker TradingEconomics
Marker dshort.com
Marker Marketoracle.co.uk
Marker Bloomberg.com
Marker McverryReport.com
Marker Calafia Beach Pundit
Marker ForexLive
Marker TurnaroundStockinvesting.com
Marker readtheticker tumblr
Marker readtheticker blogger
  Symbols used in blog
AAPL AMZN AORD AUY BA BB BTC COP CRUDE DIA DJI DXY ETH EUR FB FCX FXE GDX GDXJ GLD GOOG HL HMY HPR HUI INDU JJC JNJ LTC MCD NCM NEM NFLX OIL PALL QQQ RGLD SLV SPY SSEC SSRM TLT TNX TRAN TYX UAN URG UTIL VIX XAU XLE XLU


Follow readtheticker on LindedIn

Seeking Alpha Certified



Contributor to...
McVerry Report


StockTwits








Home | Charts & Tutorials | Market Timing | Blog | RTT Tv | Services | Information & FAQ | Contact Us | Sign Up | Logon
Indicator Library | FAQ | Site Search | Symbols Available | Education | Advisors | General Policy | Privacy Policy | Terms Of Use | About Us
Tutorials | Charts Demo | Charts Members | Charts Secured | Mobile Site | Market News | Investment Quotes | World Time .
Public Disclaimer