Gold •171 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •1 day | 69.46 | +0.08 | +0.12% | |
Gasoline •1 day | 1.942 | +0.019 | +0.98% | |
Ethanol •172 days | 2.161 | +0.000 | +0.00% | |
Silver •171 days | 30.82 | +1.16 | +3.92% |
Silver • 171 days | 30.82 | +1.16 | +3.92% | ||
Copper • 171 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 1 day | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 1 day | 2.232 | -0.006 | -0.27% |
Contributor since: 25 Sep 2011
My goal is to establish the most likely path that the price of a particular asset will undertake and profit through ETF instruments both on the long and short side and mainly with leveraged ones (2 x and 3 x).
TEMPORARY TOP In my opinion the top of the up leg from the November lows is in place. We will have the absolute confirmation when…
REVERSAL OF THE SHORT TERM TREND We now have enough reasons to respect the fact that price is laying the foundations of a trend reversal.…
SELLING PRESSURE CREEPS IN Momentum and breadth are suggesting that there is serious distribution activity, which increases the odds that SPX should be on the…
ANOTHER PROBABLE FAILED REVERSAL Yesterday's strong recovery negates an impulsive decline from last Thursday's high. With only a 3-wave down leg I remain distrustful that…
GOLD AND BOSTON BOMBING UNNERVE THE EQUITY MARKET. Breadth, momentum and VIX are aligned with the Bears. McClellan Oscillator: Stochastic sell signal + below the…
TOO HIGH TO BUY BUT THERE IS NOT A BEARISH SET UP YET Long Term Count ===> No change - I maintain the Triple Zig…
THE MCCLELLAN OSCILLATOR IS OVERBOUGHT The 4 days rally with a gain of 3.62% has brought in an overbought McClellan Oscillator therefore going forward (Next…
PROBABLE KICK OFF GREED My suspicions have proven to be correct ===> the 3-wave pullback from the April 2 high instead of evolving into a…
I REMOVE THE SELL THE RIP BIAS. I am getting suspicious regarding the potential bearish prospects of the current corrective pattern. I don't like to…
I MAINTAIN UNCHANGED THE CALL OF A TEMPORARY TOP Therefore my strategy is to sell the rip. My road map can be seen in the…
SELL THE RIP I maintain the call of a "temporary" top (pending confirmation with a daily lower high) Yesterday we had a consolidation day, but…
THE NOVEMBER UP LEG IS MOST LIKELY OVER Another aggressively selling across the board has negated the final wave (V) of the smaller SPX Ending…
WATCHFUL FOR AN ENDING PATTERN The time has come to be on a look out mode for an ending pattern. Weak breadth indicators and a…
DOUBTFUL REVERSAL PATTERN If the scenario that I have suggested in the Weekly Analysis last Saturday is the correct one: " But since the "thrust"…
I maintain unchanged the long-term count discussed on February 18: "So far we have a 7 -legged structure therefore EW wise we should not rule…
THE CORRECTIVE UP LEG FROM THE NOVEMBER LOWS IS APPROACHING ITS END The sideways pattern (Contracting) from the March 15 peak has formed a plausible…
NO CHANGE OF MY PREFERRED SCENARIO Today just a brief update: Probably this is my last daily post until March 28 (From next Friday I…
BULLISH SHORT-TERM SET UP IF IT WITHSTANDS CYPRUS NEWS Daily momentum indicators are suggesting that price should carry out a larger rebound: RSI: Positive divergence…
WHAT ELSE CAN I SAY? Now it is obvious that the reason that is preventing a pullback is Friday's quarterly Opex and if you still…
THE MCCLELLAN OSCILLATOR HAS ISSUED A SELL SIGNAL The short-term breadth warning I mentioned yesterday has been confirmed with a bearish cross of the McClellan's…