Commodities at Various Stages of Consolidation Before Resuming Rally

Soybean (Wkly/Dly/4hr/Hrly) Charts

…lthough I feel the Nasdaq100 (CME NQ Dec14), S&P500 (CME ES Dec14) and the USDJPY continue forming major tops, and the VIX (CFE VX Oct14) a major bottom, I haven’t profiled their charts in today’s list as their daily and 4hr charts currently suggest less favourable risk:reward today versus my trade ideas presented above. As usual, I try listing as many tradable setups (which I consider trading during the day or week) that I can squeeze into one tw…

Soybean (ZS) Weekly/Daily/4hr Charts Bullishly Aligning

Soybean (Wkly/Dly/4hr/Hrly) Charts

…lthough I feel the Nasdaq100 (CME NQ Dec14), S&P500 (CME ES Dec14) and the USDJPY continue forming major tops, and the VIX (CFE VX Oct14) a major bottom, I haven’t profiled their charts in today’s list as their daily and 4hr charts currently suggest slightly less favourable risk:reward today versus my trade ideas presented above. As usual, I try listing as many tradable setups (which I consider trading during the day or week) that I can squeeze in…

Pending Volatility Spike on Corn (ZC), Wheat (ZW), Soybeans (ZS) Post-Wasde

Cotton (Wkly/Dly/4hr/Hrly) Charts

…hat I expect to be more upside today and into early next week. USDX Weekly USDJPY Weekly/Daily/4hr/Hourly Gold (CME GC Dec14) Weekly/Daily/4hr/Hourly Silver (CME SI Dec14) Weekly/Daily/4hr/Hourly Natural Gas (CME NG Nov14) Weekly/Daily/4hr/Hourly Corn (CME ZC Dec14) Weekly/Daily/4hr/Hourly Wheat (CME ZW Dec14) Weekly/Daily/4hr/Hourly Buxl (Eurex GBX Dec14) Weekly Buxl (Eurex GBX Dec14) Daily Although I feel the Nasdaq100 (CME NQ Dec14) and S&P500…

Gold (GC), Silver (SI) Weekly/Daily/4hr Charts Bullishly Align

Gold (Wkly/Dly/4hr/Hrly) Charts

…of the European session today before more substantial upside. USDX Weekly USDJPY Weekly/Daily/4hr/Hourly Natural Gas (CME NG Nov14) Weekly/Daily/4hr/Hourly Cotton (ICE CT Dec14) Weekly/Daily/4hr/Hourly Corn (CME ZC Dec14) Weekly/Daily/4hr/Hourly Wheat (CME ZW Dec14) Weekly/Daily/4hr/Hourly Raw Sugar (ICE SB Mar15) Weekly/Daily/4hr/Hourly Arabica Coffee (ICE KC Dec14) Weekly/Daily/4hr/Hourly Although I feel the Nasdaq100 (CME NQ Dec14), S&P500 (CM…

Commodities Taking Breather Before Resuming Upside

Natural Gas (Wkly/Dly/4hr/Hrly) Charts

…Euro Philadelphia Index Weekly EURUSD Weekly/Daily/4hr/Hourly USDX Weekly USDJPY Weekly/Daily/4hr/Hourly Although I feel silver (CME SI Dec14), gold (CME GC Dec14) and GBPUSD are bottoming, I haven’t profiled their charts in today’s list as I still feel their trade setups offer slightly less favourable risk:reward versus my trade ideas presented below. As usual, I try listing as many tradable setups (which I consider trading during the day or wee…

Cotton (CT) Ready to Rebound

Cotton (Wkly/Dly/4hr/Hrly) Charts

…kly/Daily/4hr/Hourly Arabica Coffee (ICE KC Dec14) Weekly/Daily/4hr/Hourly USDJPY Weekly/Daily/4hr/Hourly VIX (CFE VX Oct14) Weekly/Daily/4hr/Hourly Nasdaq100 (CME NQ Dec14) Weekly/Daily/4hr/Hourly S&P500 (CME ES Dec14) Weekly/Daily/4hr/Hourly USDX Weekly EURCHF, GBPUSD, Buxl, Silver and Gold are all looking increasingly interesting but I won’t have time to cover them as I’m trying to limit the number of markets covered to the symbols I can cram i…

Natural Gas Weekly/Daily/4hr/Hourly Charts Aligning Bullishly

VIX (Wkly/Dly/4hr/Hrly) Charts

…e RSI, MACD and price. USD/JPY Weekly/Daily/4hr/Hourly The only reason the USDJPY short idea isn’t ranked higher in today’s list is its weekly MACD continues to rise. Its weekly RSI, Stochastics and daily RSI, Stochastics and MACD are beginning to turn lower. VIX (CFE VX Oct14) Weekly/Daily/4hr/Hourly Nasdaq100 (CME NQ Dec14) Weekly/Daily/4hr/Hourly Netflix (NFLX) Weekly/Daily/4hr/Hourly Tesla (TSLA) Weekly/Daily/4hr/Hourly S&P500 (CME ES Dec14) W…

EURCHF Added to Watchlist

Corn (Wkly/Dly/4hr/Hrly/30min/5min) Charts

…the weekly chart above, I continue to be reluctant to enter shorts on the USDJPY as the weekly and daily MACD are still sloping up. Euro Philadelphia Index Weekly Note how the Euro appears to be bottoming on the weekly Slow Stochastics and RSI. However, with the weekly MACD still sloping moderately down, and with the price just shy of the 61.8% retrace (of the rally from mid 2012 to early 2014) / support, I’m not overly excited to be long just ye…

Arabica Coffee (KC) Resuming Rally as US Dollar Peaking Near-Term

Cotton (Wkly/Dly/4hr/Hrly/30min/5min) Charts

…the weekly chart above, I continue to be reluctant to enter shorts on the USDJPY as the weekly and daily MACD continue sloping up. Euro Philadelphia Index Weekly Note how the Euro appears to be bottoming on the weekly Slow Stochastics and RSI. However, with the weekly MACD still sloping moderately down, and with the price just shy of the 61.8% retrace (of the rally from mid 2012 to early 2014) / support, I’m not overly excited to be long just yet…

USDX Sitting Back Below 4yr Upchannel Resistance Ahead of FOMC

Euro Weekly Chart

Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index charged higher yesterday on the back of the French and German Flash Manufacturing PMI, German ZEW Economic Sentiment, and US Building Permits. In the weekly chart below, the RSI is now firmly back above 30. Weekly Stochastics is also appearing to form a higher low, with the %K line now back above the 20 line. Lagging in its s…