Gold •66 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 day | 67.67 | -1.48 | -2.14% | |
Gasoline •1 day | 1.896 | -0.030 | -1.55% | |
Ethanol •66 days | 2.161 | +0.000 | +0.00% | |
Silver •66 days | 30.82 | +1.16 | +3.92% |
Silver • 66 days | 30.82 | +1.16 | +3.92% | ||
Copper • 66 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 day | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 day | 2.115 | -0.054 | -2.49% |
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).
The week ended with a "large" Harami candlestick, which has caused short-term technical damage and casts doubts over a false breakout of the January's high.…
Reason: Potential weekly Hammer candlestick (In addition a long tail below the lower BB favours selling exhaustion). In the weekly chart we can see an…
Reason: XLE has failed to carry out a thrust following a Triangle. This failure has turned a bullish pattern into a bearish one with a…
I have been discussing that due to the fact that both up legs from the October and February lows are corrective there is a chance…
GDX (Gold Miners ETF): A Pullback is due I am expecting a pullback foe the following reasons: Daily RSI is displaying a negative divergence: If…
Reason: If we consider USDJPY as a proxy for the Yen we can see in the daily chart below that it is highly probable that…
IMPASSE Impasse is defined as a situation in which no progress can be made. This week SPX has made two unsuccessful attempts to achieve a…
Entry Date (02/14/14); Long 49.95; Stop 49,25; Target 51 Reasons: Tactical short-term trade based upon the internal structure of the current bounce and the scenario…
The powerful two weeks rally (Hammer + huge Hallow candlesticks) has aborted a larger corrective pattern. Bulls have reclaimed both the 20 and 10 week…
From the November 2012 low, fourth time, the 27-week ma has acted as support preventing a larger decline. As well the weekly hammer with the…
Yesterday due to the large gap up of UPRO I missed the suggested bullish setup. Today I will have to leave early for a one…
In my last weekly update on December 22 I suggested that a likely bullish signal cross of the weekly stochastic of the NYSE Summation Index…
SPX has ended the week with a bullish Hammer candlestick reducing the odds of a larger correction from the December 31 high, which, would have…
Lets suppose that from the March 2000 top price has formed a Triangle, which was completed on September 2011. Since the advance off the September…
I Maintain the Triangle wave (B) scenario. If this count is correct price is unfolding the wave (E). The equality extension target of a potential…
THE LARGER CORRECTIVE SET UP HAS BEEN ABORTED Despite there were plenty of technical reasons that were suggesting a larger correction bears have failed to…
I EXPECT A LARGER CORRECTION In my last weekly update I have changed my view regarding the "big picture". Despite the pattern unfolded by price…
I MAINTAIN UNCHANGED THE SCENARIO OF A PULLBACK I have to admit that it has been a major mistake underestimating the strength of this "bull"…
A PULBACK IS DUE Lets begin the analysis with a monthly chart highlighting the following: The pattern from the March 2009 is corrective. If price…
BULLS HAVE BEEN SAVED ONCE AGAIN The sell signals discussed in my last weekly update have not materialized. Instead SPX continues to resist with boldness…