Crude Oil and Gold Continue Strong Down Trend, Natural Gas Enjoys the Stronger Dollar
Crude oil closed down $1.70 a barrel at $93.08 today. Prices closed near the session low today and hit a fresh 6 1/2 month low. The bears have the solid overall near term technical advantage and gained still more power today. A stronger U.S. dollar index today was bearish for the crude market. With a Trade......
Exclusive Forecast for the GBP USD – Bulls Not Out Yet !
This week the GBP USD has been the most volatile currency pair out of the majors. We saw the GBP USD break above the 1.6342 minor resistance line and hit the 1.6400 high. The currency pair ended the week on a 3 days downtrend and on Friday it hit the 1.6005 low. The currency pair retracing back from hitting the high is a natural phenomena that occurs in currency trading.
Just When the Bears Think They are Home Free, Mr. Market Reminds Them Who is in Charge
While it may be bear season in the equity markets as Mr. Market continues to punish the ursine, the oil futures market has produced a new home and a new river for eager bears to feed. Mr. Market has had an appetite for S&P 500 bears for several months now. In each instance in which the bears think they are going to get away, Mr.
Is The Gold Run Over.....Here's How we are Going to Play Gold This Week?
The markets and gold in particular have kept traders on their toes this week. Gold is looking to find support levels while the SP500 continues to push its way higher. Let’s take a look at the charts and our current analysis to get better feel for what is happening with gold and the SP500.
Gold 4 Hour Chart
"OTC" STOCKSHARK UPDATES MEMBERS ON (OTCBB:AAPH) PERFECT ENTRY POINT AT THESE LOW LEVELS..HUGE PROFIT POTENTIAL...
" OTC " StockShark issues update on American Petro-Hunter
"OTC" StockShark members we have had a very nice few days
of consistency and accumulation at these current levels..
(.69 cents - .75 cents) "OTC" StockShark views this as quite
possibly the last chance to scoop up shares at these very cheap
Two Major Technical Forces Are About to Collide in the S&P 500 (new video)
The S&P 500 has seen remarkable recovery from the lows that were seen earlier this year. However, all of that may come to an end as we fast approach a strategic level for this market. There are two major technical indicators that are colliding at a crucial point and time. Unless you’re aware of these indicators, it could be very expensive.
60 Minutes Featuring the Dow Jones Industrial Average, S&P 500 Index, and Powershares QQQ Trust September 14, 2009
When I do posts it is as much if not more for me because it helps me keep things in perspective. I am neither a bull nor a bear I am a trader and the most important thing for me is the tape or price. Buying the dips is what has been working and since about 85% of stocks follow the tape the best set ups I have been finding are to the long side.