Gold •141 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 973.80 | +3.30 | +0.34% | |
WTI Crude •10 mins | 70.60 | +0.50 | +0.71% | |
Gasoline •10 mins | 2.049 | -0.010 | -0.51% | |
Ethanol •141 days | 2.161 | +0.000 | +0.00% | |
Silver •141 days | 30.82 | +1.16 | +3.92% |
Silver • 141 days | 30.82 | +1.16 | +3.92% | ||
Copper • 141 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.55 | +0.32 | +0.43% | ||
Natural Gas • 10 mins | 3.165 | -0.174 | -5.21% | ||
Heating Oil • 10 mins | 2.266 | -0.009 | -0.37% |
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).
As a reminder: The Intermediate-trend is up (From the March 2009 lows) Following the reassessment of the potential EWP from the October 2011 lows I…
Due to the technical reasons I have been discussing during the last two days I maintain my short-term bullish bias, so I am looking for…
Despite the "bullish" reasons I mentioned yesterday which favored an oversold bounce, price did not kick off the expected rebound. However since bears did not…
SPX has finally breached the pivot support at 1422. Price is no longer in a trading range and clearly now the trend within the corrective…
Sorry but today I don't have any inspiration to write a "productive" technical update so I will keep it extremely short. Yesterday bears failed to…
Last Friday we finally got the confirmation that the corrective pattern in force since the September 14 high is not over. Before proceeding with the…
You already know my point of view regarding the corrective pattern in progress since the September 14 high. I maintain a doubtful stance that the…
The rebound is much stronger then I was expecting with price easily recovering above both the 10 & 20 d MA and achieving an eod…
I have postponed personal matters to next Thursday, so I am able to publish a brief short-term update. With a misleading pattern, yesterday SPX has…
This weekend I don't have much new to say since price is following the scenario that I have laid out. Last Friday's brief description remains…
Reminder: Price is involved in unfolding a corrective pattern from the September 14 high. If price breaks the 1430 - 1422 key support layer then…
Today just a brief update as price is behaving according to my preferred short-term scenario that calls for an extension of the correction in force…
So far the "action" plan is unfolding as expected so there is no need to rummage complex outcomes. The idea is straightforward: Price on September…
Luckily today I don't have anything substantial to add to what I have been discussing regarding the short-term scenario. As a reminder below Is what…
Lets begin with a brief review the long-term count that I am working with: From the 2000 Top Price is involved in unfolding a large…
Another brief update I have already discussed my reasons why I consider the downward price action from the September 14 high incomplete. Basically I expect…
Technically and EW wise the "song remains the same": September 14 high is not a Major Top. The internal structure of the pull back is…
Today just a brief update. So far the "working" map is fitting in accordance with my preferred short-term scenario, which calls for a retracement of…
SPX has ended the month of September with "quasi" a shooting star, which is strengthening the scenario that I am working with of a retracement…
Yesterday I suggested monitoring the EUR since with Wednesday's hammer odds were very large that the 200 d MA would act as a brake on…