Gold •235 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 981.90 | -5.80 | -0.59% | |
WTI Crude •10 mins | 70.26 | -0.14 | -0.20% | |
Gasoline •10 mins | 2.029 | +0.003 | +0.13% | |
Ethanol •235 days | 2.161 | +0.000 | +0.00% | |
Silver •235 days | 30.82 | +1.16 | +3.92% |
Silver • 235 days | 30.82 | +1.16 | +3.92% | ||
Copper • 235 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.35 | -0.08 | -0.11% | ||
Natural Gas • 10 mins | 4.012 | -0.222 | -5.24% | ||
Heating Oil • 10 mins | 2.418 | -0.014 | -0.58% |
Gold has broken support at 1276 (14/06/2016 low). Resistance stands at 1299 (17/06/2016 high). Yet, expected to bounce back higher if support at 1256 is not broken (09/06/2016 low).
A change in long term momentum can forecast that the trend is near the end!
July 5th keeps coming back as an important cycle low for the stock market. The recent daily Bollinger Bands on the SPX shows increasing constriction, which in the past pointed…
Aggressive rate hikes (and arguably even one more) will crush the US stock market and incentivize commercial banks to pull money out of government bonds at the Fed. Rate cuts…
After last week's failed call for a "relief rally" it becomes harder to accept bullish signals as seen in the McClellan Oscillator this week. There is the possibility of a…
The Banking Index closed at 66.44 with the C-RSI at a DANGER-Negative level of -2.97. NOTE that the 30 RSI closed at a DANGER-Negative level on its tick.
US markets are open for trading. DAX is close to reaching our target around 10000, where we believe a five wave move from the lows may come to an end.…
Think recessions begin when GDP is negative? Think 2 quarters of negative growth are required to start a recession? If you believe either of those, you are wrong.
TNX: Short term Elliottwave structure suggests that cycle from 3/16 peak, i.e. 2.00, has ended with wave W at 1.518. Rally from there is unfolding as a double three where…
AUD/USD is back to bullish after consolidation period. Resistance at 0.7517 (04/05/20160 is on target. Hourly support is located at 0.7286 (16/06/2016 low).