Search Results for: BUXL

…% retrace of the fall from the July peak to the July bottom (~ 440). After BUXL (Eurex GBX Sep14)’s bearish reversal on Thursday, yesterday saw a slight bounce followed by another move down, and then the formation of a lower high just before closing. This lower high is a decent short entry point, as is the 38.2% retrace of the fall from Wednesday to yesterday (~137.7). To lower risk, I’ll likely be waiting for post-NFP before taking action. Click…

…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/4hr/hrly) are increasingly bearish. Click here to view a longer term continuous chart of the BUXL‘s front month contract. Arabica Coffee (ICE KC Sep14) had another incredibly volatile session, spiking low…

BUXL (Eurex GBX Continuous Front Month) Weekly GBX continued pushing lower yesterday, with the the weekly RSI and Stochastics still steeply falling suggesting more downside for the balance of this week. The weekly MACD signal line is also turning lower, and should be crossing negatively in the next few sessions. Let’s take a look at the daily chart below for nearer-term analysis. BUXL (Eurex GBX Continuous Front Month) Daily Although the daily St…

…ndex Weekly Yen Philadelphia Index Weekly USD/JPY Weekly/Daily/4hr/Hourly Euro Philadelphia Index Weekly EUR/USD Weekly/Daily/4hr/Hourly British Pound Philadelphia Index Weekly GBP/USD Weekly/Daily/4hr/Hourly BUXL (Eurex GBX Continuous Front Month) Weekly BUXL (Eurex GBX Continuous Front Month) Daily I’ll profile Wheat, Silver and Gold again when a trade setup nears. Newsletter Guide Trading Rules…

…e, with the understanding that the charts become more mixed at that point. BUXL (Eurex GBX Sep14)’s bounce Friday was stronger than targeted, leaving the idea to short it less desirable for the time being. Click here to view a longer term continuous chart of the BUXL‘s front month contract. Silver (CME SI Sep14) is only remotely interesting for now and will fade into the background until its near-term bottoming action is more convincing. Netflix (…

…gures was also a lower high than last week’s (as seen in the daily chart). BUXL (Eurex GBX Continuous Front Month) Weekly GBX fell further Friday, but attempted to stabilize late in the session. The longer term view provided by the weekly chart remains bearish though with the RSI and Stochastics still sloping steeply down, and the weekly MACD signal line about to cross negatively in the next few sessions suggesting more bearish action overall in t…

…y/4hr/Hourly EURCHF Weekly/Daily/4hr/Hourly USDX – US Dollar Index Weekly Euro Philadelphia Index Weekly EUR/USD Weekly/Daily/4hr/Hourly British Pound Philadelphia Index Weekly GBP/USD Weekly/Daily/4hr/Hourly BUXL (Eurex GBX Continuous Front Month) Weekly BUXL (Eurex GBX Continuous Front Month) Daily I’ll profile Cotton, Silver and Gold again when a trade setup nears. Newsletter Guide Trading Rules…

…ich also coincides with the uptrend support line drawn in the daily chart. BUXL (Eurex GBX Continuous Front Month) Weekly GBX continued its downward pressure yesterday after a few days of consolidation, but is vulnerable to a few more upside bounce attempts with its daily momentum indicators trying to bottom. The weekly MACD signal line is now crossing negatively, with the weekly RSI and Stochastics still sloping down. Let’s take a look at the dai…

…annel support would be my first downside target after the key $250 figure. BUXL (Eurex GBX Continuous Front Month) Weekly GBX continued its downward pressure yesterday after a few days of consolidation, but is vulnerable to a few more upside bounce attempts with its daily momentum indicators trying to bottom. The weekly MACD signal line is now crossing negatively, with the weekly RSI and Stochastics still sloping down. Let’s take a look at the dai…