After a few days of consolidation, Peercoin looks to be on its way up – although some further confirmation shall be required before we can ascertain such bulls with a valid threshold of confidence. Let’s take a closer look at the latest PPC/USD Daily chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
Litecoin adheres to both the technicals on the four hour and the daily timeframe, as I discussed yesterday. It was a bit of a juggling act, but this is why it’s important to ignore different timeframes. During yesterday’s technical analysis on LTC/USD, I posted the following chart: Where I mentioned, “Conversely, we have some potentially bullish technicals […]
Stock Market Critical ThinkingStock-Markets / Stock Markets 2014May 08, 2014 – 06:57 PM GMTBy: DailyWealth
Dr. Steve Sjuggerud writes: Yesterday, I shared the “secret” to my success…As I explained, this secret is not hard to understand or to put into action. And it works in both the markets and in life.In short, the idea is to […]
Stock Market Elliott Wave Analysis – German DAX and S&P500Stock-Markets / Stock Markets 2014May 05, 2014 – 09:57 PM GMTBy: Gregor_Horvat
German DAX is still moving sideways within wave 4) which we think it represents a triangle. We see prices at the upper side of a range so […]
Even professional traders and investors can’t always speak the language of colleagues working in a different segment of the financial world. With that in mind, we’ve introduced this weekly column, looking at one esoteric or potentially misunderstood finance or trading term every week. After bringing you “carry trade,” “contango,” and “reflation” in past columns, we’ll now focus on a term […]
After reaching a week high of 11.4, Litecoin continues its bearish retraces from yesterday’s initiation. In my last LTC/USD technical analysis, I posted the following chart (click to expand): Where I explained, “Look at the candle marked in white; a number of factors combined here: a) The upper wick was the same length as it’s body, b) The […]
Namecoin falls down to 2.1, before rising back up to 2.2, but are we about to see another test of 2.1? It certainly looks like it. If you remember during my previous NMC/USD analysis, I posted this chart below: Where I explained, “…extreme spinning tops, possessing long upper and lower wicks – this tells me the bulls […]
Namecoin fell from a high of 2.500 till 2.33 this morning, although we’ve seen a significant retrace in recent hours. I’ve performed the Fibonacci study from the year low at 1.34 until the month high at 3.35. Remember in my previous couple of Namecoin analyses, I mentioned “the bears will very likely push price down again – […]
Namecoin continues to hover around 2.5 this week, carrying on from last week, although we could see some bears pick up momentum fairly soon. Let’s remind ourselves of what happened last week on NMC/USD, since it’s imperative we have this in mind for our current analysis. I’m pasting here the Fibonacci extension study from last week (click to expand): […]
How Last Week’s Stock Market Mini Rally Is Reshaping My Investment StrategyStock-Markets / Stock Markets 2014Apr 21, 2014 – 03:56 PM GMTBy: DailyGainsLetter
George Leong writes: The stock market staged a minor rally last week, but don’t get too excited yet; the buying support was largely triggered by a technically oversold market, rather than solid fundamentals or a […]
