Markets

Apr 20, 2015 at 06:22

USD/CHF is challenging the key support area between 0.9491 and 0.9450 (see also the 38.2% retracement). Hourly resistances can be found at 0.9585 (17/04/2015 high) and 0.9712 (16/04/2015 high).

Apr 20, 2015 at 06:19

Here come capital controls in Europe. Of that, I have little doubt. Actually, they are already here, both in legislative form and in action. Let's walk through what they are,…

Apr 19, 2015 at 19:09

With Friday's weakness, a down-trending consolidation is in place. The consolidation makes it difficult to leverage at trade in the rapid 1-2 day short term moves, but at some point,…

Apr 19, 2015 at 18:44

I don't think medical doctors have diagnosed the condition yet but Gold Bugs know that it exists. The affliction expresses itself as a constant desire to find bullish indications in…

Apr 19, 2015 at 18:24

The stock market provides market participants with several opportunities each. With all the holidays and climate changes the market as a whole along with specific sectors typically have seasonal rallies…

Apr 19, 2015 at 18:21

With Thursday's lower high and Friday's sharp sell-off, SPX is continuing its rounding-top pattern. What it does in the next week or so will have a bearing on whether it…

Apr 19, 2015 at 17:09

An inflection point on a chart is an area where the price action can break either up or down. It's an area of confusion that makes investors go nuts. You…

Apr 19, 2015 at 17:07

It sure does seem as if the vast majority of our markets are stuck in sideways trading patterns, does it not? Just about the time some look as if they…

Apr 19, 2015 at 16:23

The trend line that connects the three lower highs from the March top is resulting to be the "bete noire" for the bulls SPX has failed once again a break…

Apr 19, 2015 at 16:20

In a fiat currency system, perception is, by definition, everything. Paper money has no intrinsic value. So the people saving it and accepting it in exchange aren't expressing faith in…