Markets / Other

Mar 22, 2017 at 06:42

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.

Mar 22, 2017 at 06:38

It's been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by…

Mar 22, 2017 at 06:34

EUR/GBP is correcting lower. Yet there is the formation of a bullish flag which suggests reversal of current weakness targeting 0.9000. Key resistance is given at 0.8854 (15/01/2017 high) and…

Mar 21, 2017 at 18:24

There is a combo chart for the PM complex I've been following, on the short term 10 month daily look, which shows a potential HS bottom forming. I put a…

Mar 21, 2017 at 13:03

Back in the 1990s when businesses started going online they frequently didn't realize that their new networking gear came with simple default passwords like "admin". So a whole generation of…

Mar 21, 2017 at 11:43

Today the market has fallen 27 pts (so far) on the SP500, it looks like a machine off day! Here are some charts from our private RTT Plus blog over…

Mar 21, 2017 at 09:54

The Fed and most of mainstream media believe consumer sentiment relates to consumer spending. It's one of those beliefs that is bandied about that no one seems to have thoroughly…

Mar 21, 2017 at 09:22

Gold looks technically superb, and the fundamentals look even better.

Mar 21, 2017 at 08:51

USDCAD broke down from a fourth wave consolidation. We were looking for fifth wave lower as you know, to complete a larger impulsive decline. Well, notice that current bearish leg…

Mar 21, 2017 at 08:43

A few analysts are once again beating the drums for much lower gold and silver prices - supposedly just around the corner. They mistake the testing of a recent breakout…