Markets

May 22, 2015 at 06:11

The main bull Elliott wave count expected sideways movement. A small red candlestick fits this Elliott wave count.

May 22, 2015 at 05:41

EUR/GBP has broken the resistance at 0.7117 (23/04/2015 low). However, a succession of lower highs suggests a weakening momentum. Hourly resistance can be found at 0.7283 (15/05/2015 high) and hourly…

May 21, 2015 at 13:25

If you follow the markets, you have probably heard about the "non-confirmation" warning being flashed by the fact the Dow Transportation Average has failed to post a new high simultaneously…

May 21, 2015 at 13:07

We are all prone to bias. If you are in sales with a big base metals mining firm, Fed easymoney policies will drive up copper or zinc. If you are…

May 21, 2015 at 11:55

It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good.

May 21, 2015 at 09:56

History has proven that 100% of fiat currencies have failed the test of time. The average life span of a fiat currency is 40-50 years. With the US dollar now…

May 21, 2015 at 07:40

Structure on German Dax is pointing to new highs as already mentioned this morning as decline from the high unfolded in three waves and found a support close at former…

May 21, 2015 at 07:33

Based on these reports, Gord and John reviews the key messages in his latest 5 reports ... John then consider what underlying trends are at work and what it means…

May 21, 2015 at 07:07

No one could have predicted the sheer scope of global monetary policy bolstering the private banking and trading system. Yet, here we were - ensconced in the seventh year of…

May 21, 2015 at 06:50

The first chart I would like to show you tonight is the long term monthly chart for the US Dollar I showed you a week or two ago. It was…