Gold •171 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 •171 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).
Since I don't have any reason to modify neither my long-term nor the short-term scenarios, this weekly technical update is going to be very brief.…
As you know, when I don't have much to add that can justify a modification of the "ideas" that I have been explaining in the…
We have a short-term tag of war between SPX's EWP, which is suggesting that price is attempting to carry out a "relief bounce" and the…
Today I really don't have anything that can be considered of "added value" to what I wrote yesterday in my technical update. Therefore I maintain…
On Friday the critical support at 1292 withstood the Bear's raid. Yesterday bulls brightened up and achieved a "solid" upside move. If we don't forget…
Continued selling pressure has carried SPX to an important support located in the area of 1293. The impressive downside momentum in addition to extremely oversold…
Yesterday I mentioned that: " Elliot Wave wise the absence of an impulsive decline or an Ending Diagonal suggests that price has not established yet…
Today another short update since I don't have much new to add from previous updates. Like I did yesterday today's technical update begins with a…
Yesterday I thought that the EUR, given the overextended move (from the May 1 peak), and the extremely oversold readings of the daily Stochastic and…
Today only a short and brief update, it is holiday in Madrid so I will try to spend most of the day with my children.…
If you are a regular reader of my technical analysis you must know by heart my preferred long-term count for SPX. As you already know,…
Today, since I don't have much to add new from what I have been posting in the last few days, I prefer to summarize my…
Tomorrow we should have the confirmation of the weekly MACD sell signal, while the Stochastic is clearly pointing down with no indication that the down-slope…
This is a thrilling moment, and bears for the first time in a long time should be feeling a sudden quiver of excitement. SPX's EWP…
Where do we go from here? It is all about waves (C) in several markets. In my last weekend update I discussed that Momentum and…
We are at a critical juncture. We have a challenging environment that demands patience, effort and skill. SPX price is not showing a straightforward path;…
I maintain a bullish bias for the equity market since in my opinion the odds are very large that SPX has not completed the EWP…
In my last weekend up date I mentioned that I "touched up" my SPX "road map". I was looking for a larger corrective Zig Zag…
Today we have to pay close attention to the EUR since we finally got a potential reversal pattern. Price did not reach the 1.3000 pivot…
My primary short-term scenario, which called for a correction, with price unfolding an ABC down and a potential target in the range 1340-1292, last Wednesday,…