CORN ETN Technical Analysis – Potential Head And Shoulders Bottom Chart Formationby Olivier on February 20, 2014I recently went long the JO – Coffee ETN mostly because of purely technical reasons. The bullish flag chart pattern was one of the most obvious ones I came across in quite a while. Still I didn’t expect such fireworks in such a short amount […]
Morning technical analysis – 19 February 2014February 19, 2014 by Craig Erlam in Technical analysisEURUSDHaving finally broken above the 24 January highs and the 61.8 fib level, the euro is starting to look more bullish against the dollar. That said, the pair is still likely to face significant resistance in the short term around 1.3810, which has been a key […]
Morning technical analysis – 5 February 2014February 5, 2014 by Craig Erlam in Technical analysisEURUSDWe’re still waiting for the euro to break lower this morning, after it entered a period of consolidation against the dollar. The pair has tested the bottom of the flag formation, a bearish continuation pattern, on a few occasions but has so far only managed to […]
Morning technical analysis – 29 January 2014January 29, 2014 by Craig Erlam in Technical analysisEURUSDYesterday’s rebound off the neckline of the double bottom has made the eurodollar pair look a lot more bullish in the short term, despite the initial failure to close above the 50 fib level, around 1.37. Based on the size of the double bottom, we should […]
Morning technical analysis – 16 January 2014January 16, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking bearish against the dollar once again, following the brief retracement over the last week. The pair ran into strong resistance around 1.3679, from both the 20-day SMA (middle bollinger band) and the 38.2 fib level. After finding resistance here, the pair formed […]
Stock Market Diamond is BackStock-Markets / Stock Markets 2014Jan 11, 2014 – 06:36 PM GMTBy: Anthony_Cherniawski
The Diamond Formation is back, which is really quite exciting. You can see that the SPX closed right at its hourly Cycle Top as well as the down-slope trendline of the Diamond with all […]
Daily Technical Analysis – 13 December 2013December 13, 2013 by Craig Erlam in Technical analysisEURUSDThe consolidation in this pair over the last couple of days, which previously looked like a triangle – a continuation pattern – has now become a descending triangle. This is typically a bearish pattern, regardless of whether it appears in an uptrend or a downtrend, so […]
Palantir, the big data company that secured clients like the NSA, the FBI and the CIA early on, is topping up its recent September funding round with a 50 percent bump in valuation. The company is now valued at $9 billion, according to sources familiar with the deal. An SEC filing released today showed that they are raising an additional […]
