'Wisdom & Strategy: Lessons from the Year of the Snake' at 'Trading Fest with the Best, Vol III' in Zagreb, Croatia!

I presented a 'Lessons from the Year of the Snake' themed Technical Analysis review of markets in EURUSD, Spot Gold & Silver, ICE Brent Crude Oil Futures & EMini S&P Futures!

1. Eddie Tofpik MSTA, ACI-UK Member Head of Technical Analysis & Senior Markets Analyst Wisdom & Strategy: Lessons from the Year of the Snake!

2. Before we start… properly…

3. A Message from my Head of Compliance Mr. Philip Llewellyn

4. A Message from my Head of Compliance Mr. Philip Llewellyn “Please kindly let everyone know…that what you are about to present are your own personal thoughts and views… …and not those of ADM, Archer Daniels Midland, Wild Flavors, Probiotics, Neovia or ANY other part of the ADM Group…”

5. A Message from my Head of Compliance Mr. Philip Llewellyn “Please kindly let everyone know…that what you are about to present are your own personal thoughts and views… …and not those of ADM, Archer Daniels Midland, Wild Flavors, Probiotics, Neovia or ANY other part of the ADM Group…” “…now get on with it…”

6. What is the Year of the Snake?

7. In Chinese culture, the Snake is a symbol of wisdom, intelligence, intuition, resourcefulness & charm… In business, this emphasises wisdom, strategy & transformation. It encourages business to focus on long-term planning plus calculated risk taking…to achieve growth & stability. In 2025, the Year of the Wooden Snake, this highlights flexibility & innovation.

8. What does this mean in business… 1) Embrace Change – Be prepared to pivot strategies & adopt new tools 2) Make Long-Term Planning a Priority 3) Invest in Knowledge – Use this time to learn new skills, explore new ideas & do research 4) Cultivate Your Intuition – Trust your instincts 5) Foster Relationships

9. So…in the Spirit of adopting New Tools & Investing in Knowledge… …would YOU like to see something… scary?

10. Let me show you something… …that might scare you…

11. This is MY FX Daily Chart for… Spot EURUSD

12. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Scary…isn’t it! Let me make it simpler for you…

13. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!)

14. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The most recent Pattern…had been the Bright Red Descending Expanding Wedge Pattern. This is not a great looking Pattern…but it is still there!

15. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) This Pattern left us with a Primary Target ‘X’ at 1.2063…and a Secondary, harder to achieve Target ‘X1’ up at 1.2136! The market is taking it’s own slow sweet time…in reaching these!

16. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) An important Resistance to note, is the Purple extension to the 2023 based Lower Bull Channel Line (currently 1.1967). This halted rises in early July & mid September.

17. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Another important Resistance, is the Pink extension to the April – May 2020 Reverse H&S Neckline (currently 1.1944). This helped halted the rise in mid September.

18. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The current Pattern that is running the market higher, is the early August-to-date Bright Green Bull Channel (currently 1.1722 – 1.2053). This helps right now, the market to rise.

19. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) However, it is a hard slog higher, towards Targets ‘X’ & ‘X1’.

20. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Finally, there’s the BIG…KEY…possibility, that in 2025, will be an ANNUAL Key Reversal!

21. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) I noted this since March this year! Thus…with less than 3 months left to go, if we close on Wednesday the 31 st of December 2025 either…

22. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) I noted this since March this year! Thus…with less than 3 months left to go, if we close on Wednesday the 31 st of December 2025 either…OVER 1.1036…

23. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) I noted this since March this year! Thus…with less than 3 months left to go, if we close on Wednesday the 31 st of December 2025 either…OVER 1.1036…or UNDER 1.0353…

24. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) I noted this since March this year! Thus…with less than 3 months left to go, if we close on Wednesday the 31 st of December 2025 either…OVER 1.1036…or UNDER 1.0353…we’d be ON!

25. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Anything in between…and we would have an Outside Year Pattern!

26. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) I’m not even going to contemplate what the close of 2025 will be, just that we are set up to achieve one! However, today…it looks like an Annual Key Reversal UP!

27. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) We also see this in others…such as GBPUSD!

28. Next…a less complex Daily Chart of Spot Gold

29. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The market has broken higher from a late May – early September Bright Green Rectangle Pattern & achieved both the Primary & Secondary Targets topside for this Pattern.

30. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) This Bright Green Rectangle can be seen as a Bullish Halfway Hesitation, with a Primary Target in the 3800 area (achieved) & a Secondary harder to reach Target in the 4000 area.

31. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The more recent mid September Bullish Halfway Hesitation gives a Target ‘X’ in the 3960 area…not too far above!

32. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) However, in between we have Projected Fib levels at 3881 (100%), 3906 (50% ) & further Up at 4105 (100% ).

33. Next…a simplified Daily Chart of Spot Silver

34. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Here…to get a better picture, I have used a longer term Monthly Chart.

35. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Apply Fibs to the market & you can easily see we have Resistance at the 2011 high at 49.55.

36. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Placing a 2020 – 2022 Bullish Andrews Pitchfork allows the Lower Tine (currently 39.30) to show the Bullish Angle of Attack…but it was breached with the market below it a lot!

37. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The Middle Tine above provides dynamic Resistance (currently 51.27) higher up.

38. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The Bullish Modified Schiff Pitchfork for the same move as the Andrews Pitchfork had been a better fit for most of its time, until last month.

39. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Please note the Crossover points of the Tines, they usually denote one or more of the following…a change in Trend, a reinforcement of a Trend, volatility!

40. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The past 2 had not shown much of this…but the next one is due around March 2026. This might tie in with another major question.

41. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Is the WHOLE action from 2011-to-date either a) a Double Top…or b) a Rounded Bottom?

42. A ‘Complicated’ Daily Chart ICE Brent Crude Oil Futures (Front Month Continuous)

43. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) There are 3 major features I would like to draw your attention to. The many times broken (…but still refusing to die) Dark Blue April – July Bearish Schiff Pitchfork…the showrunner since last Summer.

44. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Every time it was broken…it repaired itself! 2) The Bright Red Neckline of the March – May 2020 Reverse H&S Pattern(currently 64.83) The Dark Blue Upper Tine crosses this week.

45. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) The Bright Red Neckline eroded support back in April & early May enough to turn prices back higher…so please do not disregard it, even if the overall pressure is lower.

46. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) 3) The stratified Resistances above the market from 68.69 all the way up to the 50% Absolute Fib at 73.73.

47. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Those are the 3 key features to watch in this market right now.

48. Another ‘Complicated’ Daily Chart E-Mini S&P Futures (Front Month Continuous)

49. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Yes…it is ‘complicated’…but let me explain…

50. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) 3 key Patterns to watch! 1) The obvious March – June Reverse H&S Bottom! This gave a Primary Target ‘X’ at 6800 (achieved) & a Secondary harder to reach Target ‘X1’ at 7093!

51. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) 2) The somewhat recent Pink October 2023 – February 2024 Bullish Andrews Pitchfork. The Upper Tine (currently 6820) is being tested!

52. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) 3) The more longer term Bright Red 2020 – 2024 Bullish Andrews Pitchfork has seen the Upper Tine breached (currently 6745) and starting to see stabilisation over it.

53. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) Nearby features are the 50% Projected Fib at 6834 whilst below, we have Support from the Green Short/Medium MA (currently 6536) & Dark Blue Neckline (currently 6390).

54. Data and Charting Package : Refinitiv Eikon (…but these are MY Charts!) PLEASE remember that September & October are volatile months in Equities (if we have time I will tell the story of the 7 th & 21 st of October 2025).

55. Though this was not a TA Classroom…I would like to let you know where you could find more information about…Technical Analysis… If you like what you saw and would like to know more… …then please look HERE…or contact me… WWW.TECHNICALANALYSTS.COM …you may wish to use your camera phones…

56. These are my FREE Daily & Weekly Videos where you can find further Daily & Weekly Technical Analysis of markets.

57. These are my FREE Longer Term ( Annual ) Videos where you can find further Technical Analysis of markets.

58. Our Parent Company…ADM At ADM , we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Headquartered in Chicago, Illinois, ADM connects crops to markets on six continents. For more information on our company and our products, visit  www.adm.com .

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61. I am mindful that time is short…so…

62. …here’s the FINAL bit….

63. …here’s the FINAL bit……. errr ... This Publication is issued by ADM Investor Services International Limited (‘ADMISI’) which is regulated by The Financial Conduct Authority and is a member of The London Stock Exchange. References to ‘we’, ‘us’ and ‘our’ in this Publication shall mean ADMISI unless otherwise stated. This Publication was prepared and distributed by us for information purposes only. This publication and information herein should not be considered investment advice nor an offer to sell or an invitation to invest in any products mentioned by ADMISI. The information and opinions contained within this Publication were considered by us to be valid when published. This Publication may also contain information that has been provided to us by third parties. The source of such information may be disclosed within this Publication where relevant. Although every attempt has been made to ensure the accuracy of the information, ADM Investor Services International Limited (ADMISI) assumes no responsibility for any errors or omissions and will not update it. Any person placing reliance upon this Publication to undertake trading, does so entirely at their own risk, and accordingly, we do not accept any liability as a result, whether direct or indirectly incurred. Derivatives and securities markets may be subject to rapid and unexpected price movements, and past performance is not necessarily a guide to future performance. Currency movements may also have an unfavourable, as well as favourable effect on the value of the underlying investment and/or assets. Investments and/or strategies discussed herein, may not be suitable for all investors. Accordingly, if any person reading this Publication has doubts about their particular suitability, they should consult an independent investment adviser.

64. …here REALLY is the final bit…

65. [phone] & [phone] [email protected] @EddieTofpik Eddie’s Crayons... Daily, Weekly & Annual Technical Analysis Commentaries on FX, Commodities & other markets…

66. THANK YOU!