Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index pushed higher Friday after a bit of a dip on profittaking Thursday. Although a small gap exists between the current price level and the rising support line drawn connecting the 2010 and 2012 lows, the weeklyRead More
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cotton (ICE CT Mar15) Weekly/Daily/4hr/Hourly CT has been trending up gradually over the last month as seen in the daily chart, and is running into the October low but more significantly the descending wedge resistance line seen in the weekly chart. With theRead More
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index rallied decisively higher yesterday, and on the weekly chart below, is building on its upside momentum off of its current tradable bottom. Although a small gap exists between the current price level and the rising supportRead More
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index staged a nice bounce yesterday, and on the weekly chart below, is the closest it has been in the last few weeks to forming a tradable bottom. Although a small gap exists between the current priceRead More
Please Register/Login to view today’s complete Newsletter. VIX (CFE VX Dec14) Weekly/Daily/4hr/Hourly VX staged a decent rally yesterday, bouncing off descending wedge support as seen on the daily chart, and coming to within a whisker of the July/September lows at roughly 15. This resistance level coincides with the downchannel in the 4hr chart and theRead More
Please Register/Login to view today’s complete Newsletter. Corn (CME ZC Mar15) Weekly/Daily/4hr/Hourly After over a month of consolidation following a strong rally off of a major bottom, ZC is back on my daily watchlist as it appears close to breaking out of its consolidation and resuming its rally. In the weekly chart, an Inverse HeadRead More
Please Register/Login to view today’s complete Newsletter. Euro Philadelphia Index Weekly The Euro index saw a bit of whipsaw action yesterday, disappointing Euro bears who were hoping that the ECB would announce the introduction of its version of QE. The Euro index appears to continue forming a tradable bottom with the weekly RSI and StochasticsRead More
Please Register/Login to view today’s complete Newsletter. British Pound Philadelphia Index Weekly The British Pound index continues flirting just above or below the key 61.8% Fibonacci support level of roughly 157. The British Pound index is currently just below this level, and awaits the BOE rate announcement today at 7am EST and the US UnemploymentRead More
Please Register/Login to view today’s complete Newsletter. British Pound Philadelphia Index Weekly The British Pound index continues flirting just above or below the key 61.8% Fibonacci support level of roughly 157. The British Pound index is currently just below this level, and awaits a slew of news today, beginning with the UK Services PMI atRead More
Please Register/Login to view today’s complete Newsletter. VIX (CFE VX Dec14) Weekly/Daily/4hr/Hourly The VX powered ahead higher yesterday, pulling up its momentum indicators across the key weekly and daily charts. The current weekly candle bullishly sits almost completely above the highest end of the trading range of last week’s Hammer, creating a bullish Island reversalRead More
