"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •82 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 971.60 | +9.80 | +1.02% |
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WTI Crude •10 mins | 71.97 | +1.60 | +2.27% |
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Gasoline •10 mins | 2.029 | +0.038 | +1.93% |
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Ethanol •82 days | 2.161 | +0.000 | +0.00% |
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Silver •82 days | 30.82 | +1.16 | +3.92% |
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Silver • 82 days | 30.82 | +1.16 | +3.92% | |
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Copper • 82 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 75.45 | +1.55 | +2.10% | |
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Natural Gas • 10 mins | 2.647 | +0.034 | +1.30% | |
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Heating Oil • 13 mins | 2.188 | +0.043 | +2.01% |
Markets / Other
Trading Room Looks at Copper and Natural Gas
Trading Room will focus on classic technical analysis. Elliott wave analysis will be for support and for targets/invalidation points. Today's Trading Room looks at Copper and Natural Gas.
USD/CAD - Ready For Another Leg Lower
USD/CAD is struggling to go any higher. A break of resistance area around 1.3400 is needed to invalidate the current short term bearish technical structure. The road seems still wide…
There Is No Such Thing As Peak Oil Demand
Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier…
The Case for Socialized Medicine
I have never been a fan of socialized anything. But in the modern world of instantly diffused outrage and the increasing frustration with a health care system that is clearly…
Margin Debt Hits Record High Coinciding With Extreme Consumer Confidence: Analysts Say 'Don't Worry'
The Wall Street Journal reports Margin Debt Hit an All-Time High in February. Given that Margin debt has a history of peaking right before financial collapses this seems like a…
USDJPY Elliott Wave View: Flat Correction
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.589. Decline from 115.53 is unfolding as a 5…
SP500 Kitchin Cycle Says Trouble Brewing
The Kitchin cycle suggests trouble can be expected between May 2017 and June 2018, readtheticker.com suggests a minimum 20% correction is a sure thing during the next 18 months with…
Stock Trading Alert: Mixed Expectations As Technology Stocks Reach New Record Highs
In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…
Elliott Wave Analysis of APPLE (AAPL)
With a 5 wave looking advance from 138.57, there are now enough gyrations to suggest that wave [v] could be completed, a strong reversal back below 142.00 is needed to…
USD/CHF - Riding Again Towards Parity
USD/CHF is strengthening. Hourly support is given at 0.9814 (27/03/2017 low). Key resistance can be found at a distance at 1.0344 (15/12/2016 high). Expected to show further consolidating below parity.
