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Article Archive | Page 1562

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US OIL Elliott Wave Technical Analysis

Feb 12, 2014 at 05:38

Originally posted 11th February, 2014. Although upwards movement remains below the invalidation point so far I do not think it is over. This upwards movement is part of a…

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EUR/USD: Monitor Yesterday's Intraday Bearish Reversal

Feb 12, 2014 at 05:23

EUR/USD weakened yesterday close to the resistance at 1.3685 (50% retracement), making an intraday bearish reversal. A break of the hourly support at 1.3609 would negate the shortterm positive structure.…

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The Marie Antoinette Rule

Feb 11, 2014 at 18:41

The biggest surprise of the day on Tuesday did not come from new Fed Chairman Janet Yellen, nor from the fact that she didn't offer dovish surprises. Many observers had…

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How To Deal With The Scary 1929 Parallel Chart

Feb 11, 2014 at 16:31

Pay Attention, Then Adjust As Needed Tuesday's gain of 19 points in the S&P 500 is a good example of markets showing observable improvement before a big move arrives. The…

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Triple Bottom in Silver

Feb 11, 2014 at 16:14

The following analysis brief is sponsored by the Chart Cast Pilot and Elliott Wave Technology's Guardian Revere Long-Term Trend Monitor.  

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Forex Trading Alert: U.S. Dollar Remains Mixed Against Major Currencies

Feb 11, 2014 at 16:07

Forex Trading Alert originally published on Feb 11, 2014, 12:12 PM The U.S. dollar remains mixed against major currencies after Federal Reserve Chair Janet Yellen signaled that recent soft…

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Wilbur Ross Agrees with Perkins/Zell: '1% is Being Picked on For Political Reasons'

Feb 11, 2014 at 14:30

Wilbur Ross, chairman of WL Ross & Co., spoke with Bloomberg Television's Betty Liu and Cristina Alesci today about talks about investment strategy, Federal Reserve Chairman Janet Yellen's congressional testimony…

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No Honeymoon for Janet Yellen

Feb 11, 2014 at 14:21

On Janet Yellen's first day on the job as Fed Chair, the Dow Jones Industrial Average dropped 326 points; 10-year Treasury yields fell to a mere 2.58%. While a day…

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Obama Spins Subsidies Both Ways

Feb 11, 2014 at 14:19

In our current age of spin and counter-spin, there is no contortion too great for a politician to attempt. On occasion, however, the threads of one story become entangled with…

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Gold $2800. Fiction Or Fact

Feb 11, 2014 at 13:55

Graceland Updates 4am-7am Feb 11, 2014 In the gold market, there may be a "perfect storm" of bullish fundamental forces converging now. First, gold jewellery…