Markets

Jun 10, 2012 at 14:13

Cycle analysis suggests that stocks just left behind an important low at the beginning of June: a weekly or intermediate cycle low (ICL). The nature of the rally out of…

Jun 10, 2012 at 14:10

I have to desist defending a count that, despite satisfying the EW rules, the market is disregarding it. As you know I have been skeptical of considering the June 4…

Jun 10, 2012 at 14:09

The "dumb money" indicator is now showing that investors are extremely bearish, and this is a bull signal. On average, the best time to buy is 1 week after the…

Jun 10, 2012 at 08:40

USD: It should correct over the short-medium term. In the U.S., the unemployment rate is instead set to decline few more points, before resuming the long-term uptrend. Spanish banks saved…

Jun 10, 2012 at 06:25

With the decline seen this past week it makes the move from $1526.30 a 3 wave move, so whilst price is under $1641, the option is that prices will see…

Jun 09, 2012 at 16:52

Gold's recent sell-off seems to be a continuing pattern of major price movements and directional changes after a significant policy event or any announcement by the Federal Reserve.

Jun 09, 2012 at 12:01

There is a few short days before a major market moving event, Greece Elections. Well not so much the elections themselves more so the policy that flows after that matters.…

Jun 09, 2012 at 12:00

A few days ago Spain was purportedly going to need another E30 billion to E70 billion to recapitalize Spanish banks. I suggested the amount would be at least triple that…

Jun 09, 2012 at 09:49

The recent lows were unconfirmed by most of the breadth indicators, but new lows increased slightly on Thursday and Friday, hinting that what we saw last week was just a…

Jun 09, 2012 at 09:47

Summary: Long term - on major sell signal. Short term - on buy signals. Gold cycle has bottomed but set ups are counter trend trades, actionable if risks are manageable.