WTI Crude (CL) Trying to Form 10th Straight Red Daily Candle

CL (WTI Crude) Technical Analysis

…analysis on: Metals/Energy (WTI Crude | Natural Gas) + Today’s Top Trade (VIX) Join the world’s largest asset manager and 3 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential d…

Arabica Coffee (KC) Spikes 4.8%

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

…now progressing. VIX (CFE VX Sep14) Weekly/Daily/4hr/Hourly/30min/5min The VIX continues its test since Aug 18 of the July low. With the MACD green line beginning to flatten, and the daily Stochastics oversold, VIX continues to be an interesting buy in the 13.25-13.45 range. I was long briefly yesterday, before closing for a slight loss and reallocating capital towards trading SI and KC. As my focus today will be continue to be on trading SI and K…

USDX, Euro Added to Watchlist

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

…d off, and I’ll continue trying to buy on dips. As the 4hr chart shows the VIX at an upchannel resistance zone, I’ll try to buy back into the VIX towards this channel’s support. The weekly and daily RSI, Stochastics and MACD are now all pointing higher. Note that I’m now watching the October contract with the rollover from September in progress. S&P500 (CME ES Dec14) Weekly/Daily/4hr/Hourly/30min/5min The ES sold off Friday and now sits at a downt…

Arabica Coffee (KC)’s Weekly/Daily/4hr/Hourly Signals Align

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

…itive crossover. VIX (CFE VX Sep14) Weekly/Daily/4hr/Hourly/30min/5min The VIX‘s weekly and daily RSI, Stochastics and MACD continue coiling for a pending rally. The 4hr and hourly RSI, Stochastics and MACD however, point slightly lower. I am long at 14 and now looking to exit the VIX before Friday’s NFP. I was initially expecting a rally opportunity to above 14 before Friday, but with many US/Canadian traders still on break from Labour Day, the a…

Backtested Performance

…Long 456.50 447 -9.50 -475 -2577.12 430.50 -26 -1300 -11797.28 Mar 8, 2017 VIX (CFE VX Mar17) – Long 12.70 12.70 0 0 -2577.12 12.18 -0.52 -520 -12317.28 Mar 9, 2017 VIX (CFE VX Mar17) – Long 12.70 12.15 -0.55 -550 -3127.12 11.98 -0.72 -720 -13037.28 Date Market Analysed Market Symbol – Bias Closing Price on Day Market Analysed (quotes from Interactive Brokers’ desktop software TWS; refer to http://marketwatch.com, http://esignal.com, http://fxstre…

Silver (SI) “Daily Price Fix” Replaced Today with Electronic Pricing Algorithm

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

…sult continue to hold short 4 lots of NQ at 3904.79, and long two lots of $VIX (CFE VX Sep14) at 14.63. The moral of the story is to cut losses quickly and re-enter positions when they make more sense (especially in light of the higher probability trade setups I’ve highlighted above). Arabica Coffee (ICE KC Sep14)’s consolidation continues, increasingly converging towards a triangular endpoint. As it’s now the final trading day of the week, I susp…

Wheat (ZW) Spike Soon Followed by Corn (ZC)/Cotton (CT)’s

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

…would likely be around 3855-3860. I’m likely going to pass on trading the VIX today as its short-term picture is a bit mixed, as the VIX is in need of a healthy consolidation before resuming its much higher move up. Buy limits are resting at 15 and 15.2. Arabica Coffee (ICE KC Sep14) did not quite hit the 50% retrace (of the July rally) support as discussed yesterday, but is still heading in that direction based on the price action in the final 2…

Wheat (ZW) Exiting Bottoming (Entering Rallying) Phase Soon

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

…t the NQ around 3900 and long the VIX (CFE VX Aug14) around 14.7. The 14.7 VIX level represents a roughly 38.2% retrace of the rally over the last few weeks. Although this expected support area broke late in the New York session, the VIX has since bounced back above this level. BUXL (Eurex GBX Sep14)’s bounce since Friday appears to be running out of steam. I will look to enter a short around 138.20 now that the key timeframe charts (weekly/daily/…

BUXL (GBX) Added to Watchlist

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

…day given the expected moderate strength in the S&P500 (CME ES Sep14). The VIX continues to look bullish on the longer term monthly and weekly charts. The only reason I’m not more bullish on VIX on the intraweek timeframe currently is because of ongoing near-term bullish momentum in the Nasdaq100 (CME NQ Sep14), which affects ES sentiment. Corn (CME ZC Sep14) has been relatively weaker than Wheat (CME ZW Sep14) and is therefore more oversold on we…

GBPUSD Over 1100 Pips Higher From October Low Ahead of US Rate Decision

CT (Cotton) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspirin…