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Markets / Other

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Gold Charts Eye Candy

Jun 10, 2014 at 10:55

Technically, all sectors of the gold market look bullish. Regardless of whether a daily chart, weekly chart, or a monthly chart is used, all technical lights are green.

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A Bear-Raid on Gold - Is That About To Happen?

Jun 10, 2014 at 10:54

After some considerable selling of gold from the SPDR gold Exchange Traded Fund in the preceding months, early in 2013, Goldman Sachs came out with a warning that the gold…

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Bitcoin Trading Alert: More Appreciation to Come for Bitcoin but Not Just Now

Jun 10, 2014 at 10:53

In short: we don't support any short-term positions in the Bitcoin market at the moment.

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Bulls Continue to Buy...

Jun 10, 2014 at 06:42

Buying continues with short covering responsible for propelling the Russell-2000 and bank indexes to outsized gains of late. The Russell-2000 is only about two percent below its high this year…

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Nasdaq 100 Completing a Pattern

Jun 10, 2014 at 06:40

The weekly chart shows how May's strong upward price move fits well with the idea of an upward wave 'iii' -- a wave that would be expected to show strength.…

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GOLD May Test $1000: Elliott Wave Analysis

Jun 10, 2014 at 06:13

Gold is in sharp reversal mode from all time highs after a completed big five wave rally, so current pullback is probably corrective. We are tracking two counts, where both…

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Fear, Complacency And Greed

Jun 10, 2014 at 06:11

As the saying goes, bulls make money, bears make money, but pigs get slaughtered. Too much of a good thing is greed, and unlike the mantra of wall street -…

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US OIL Elliott Wave Technical Analysis

Jun 10, 2014 at 05:43

US Oil: Price should move lower to a target at 97.04. The invalidation point is at 105.21.

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EUR/USD: Retracing its Recent Bounce

Jun 10, 2014 at 04:57

EUR/USD made a bullish intraday reversal on 5 June. However, the lack of follow-through and the current deep retracement suggest persistent selling pressures. Resistances can be found at 1.3677 and…

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Educating the Fed and Climate Alarmists

Jun 09, 2014 at 19:34

It is getting to be very scary out there. Authoritarians have been using central banking and, more lately global warming, to bypass constitutional norms. "They" have corrupted finance and banking…

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