Gold •172 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 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 •172 days | 30.82 | +1.16 | +3.92% |
Silver • 172 days | 30.82 | +1.16 | +3.92% | ||
Copper • 172 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).
TECHNICALS ARE DISREGARDED WHILE SPX IS AIMING AT 1576 We have increasing evidence that the up leg form the February 26 low is getting overstretched…
RISK ON IS BACK In the currency front: The JPY (proxy of global Risk On/Risk Off) has failed to confirm an almost accomplished reversal pattern.…
DOW: THREE CONSECUTIVE DAYS ABOVE THE BOLLINGER BAND The DOW is short term overextended: Three consecutive trading days with the eod print above the BB…
BEARISH DAILY CANDLESTICK vs CHOPPY INTERNALS Countdown of three major event risks: NFP (Tomorrow)= - 1 trading day Quarterly Opex (March 15) = - 6…
THE MCCLELLAN OSCILLATOR IS THRUSTING ON The McClellan Oscillator with the thrust above the zero line is confirming that the SPX corrective pattern from the…
BULLS NOW NEED AN IMPROVEMENT OF BREADTH INDICATORS The answer to my last weekend update's title is: Friday's hammer has been the prevailing candlestick. So…
WHICH IS THE PREVAILING CANDLESTICK: THURSDAY'S SHOOTING STAR OF FRIDAY'S HAMMER? Despite this weekend I have family and friends engagements I have been able to…
BEARISH VIBRATIONS Despite Thursday's bullish action, in my opinion there is something odd about it, all the momentum & breath bearish reasons remain in force.…
If I show you the following daily momentum indicator chart without telling you to which asset it belongs what would you think regarding the overall…
THE CORRECTION IN NOT OVER Despite the disparity of the potential corrective EWP between the Dow and SPX I expect more down side action within…
TREND REVERSAL Let's begin today's update with the DOW, because I think it will set the "pace" and define the EWP of the correction for…
NEXT WEEK ALL EYES ARE ON THE EUR AND THE DOW Despite all the reasons I have discussed lately without a lower high there will…
Given the following reasons summarized below in my opinion the odds that the up leg off the November low is done are very large. The…
I have a several meetings this morning hence this is just a brief update. Yesterday, probably given to the desperation I wrongly discarded the Ending…
Unfortunately SPX`s Ending Diagonal that I have been monitoring for more than two weeks has been busted. However given the technical reasons discussed in my…
I don't usually write a title for my updates but this time I do write one: THE PROBABILITY FAVORS A LARGE PULLBACK If in the…
If my short-term scenario is panning out then we are getting close to a substantial retreat, which will not endanger the intermediate up trend but…
Yesterday SPX achieved another marginal new high during the first hour of trading and then it slid during most of the day although by eod…
A couple of weeks ago I gave up counting the up leg off the December 31 low given the lack of clarity due to an…
It is not the Ending Diagonal that I was looking for, as I posted last Tuesday: Larger Image But maybe price is still forming a…