Is February a Risk-On or Risk-Off Trade: Equities or Gold & Bonds
February 3, 2014
Recent price action in the stock market has many traders on edge. With the market closing below our key support trend line last week, the market has now technically starting a down trend.
While trend lines are a great tool for identifying a weakening trend and reversals in […]
Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76.The wave count remains the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a large second wave correction at super cycle […]
Yesterday’s analysis expected more downwards movement which is exactly what has happened.Summary: Price should continue to move lower overall with an increase in downwards momentum. The short term target at 1,217 may be met in one day, and the short / mid term target at 1,198 may be about two days away.Click on the charts below to enlarge.Gold is still […]
Apple is trading in an upward wedge pattern on a 4 hour time frame. If the price breaks out of this pattern to the downside, there is usually a big move to the downside. Within this pattern, we also have the symmetrical triangle pattern formed and the downward projection of this, could push the price towards the support area which […]
ChinaEnv currently trading at 0.60, this is one of the rising stock today. Mid term view following our Supertrend system, the price seems bullish despite of market uncertainty. For those to intent to trade this stocks, do watchout for the support level at 0.53 as your stoploss, if 0.53 is being violated then we might see risk of further downside.
See […]
GOLD price came to breakout but on open D1 bar only : Chinkou Span line crossed the price on Friday and it should be confirmed on Monday by open D1 bar. If the price will cross 1248.34 resistance (D1 timeframe) so we may see market rally within rpimary bearish. And if the price will cross the border of Ichimoku cloud/kumo […]
Quick chart comparison of the two companies fighting a huge battle in the in-flight entertainment business or simply put: wireless internet access for airlines. The battle I am referring to is mainly being fought out in the blogosphere and the social media arena.I have no idea which company is better, which valuation is more appropriate or whatever else you might […]
Chinkou Span line of Ichimoku indicator came to be very close to historical price ready for breakdown from above to be for possible price reversal on D1 timeframe from bullish to primary bearish market condition. The primary bearish is already going on for H4 timeframe and H1 timeframe. As to W1 so the correction within primary bullish may be started […]
Last analysis expected more downwards movement towards a short term target at 96.49. Downwards movement reached 96.21. Price turned upwards from there.The wave count is the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a new downwards trend to last from one to several years. There is now a clear five wave structure downwards on […]
Bill Holter wrote this morning, if you believe in what we are saying and are worried about your friends and family, forward at least five of them an issue of the Miles Franklin newsletter. It would be better yet if you call them and tell them you are sending it and suggest that they sign up. It could well be […]
