Please Register/Login to view the complete edition of Today’s Top 10 Trades. Arabica Coffee (ICE KC Mar15) Weekly/Daily/4hr/Hourly KC opened higher yesterday, added to its gains from the prior 2 days, breaking 1.8, and then sold off on profittaking (at the daily chart’s newly drawn downchannel resistance) back to where it opened, before recovering someRead More
Tag: ES_F
Arabica Coffee (KC) Breaking Downtrend Since October?
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Arabica Coffee (ICE KC Mar15) Weekly/Daily/4hr/Hourly KC is entering its historically bullish season, and has strongly bounced off its downchannel support (in the weekly and daily charts). With the current long green weekly candle pulling the weekly RSI and Stochastics up, the downtrendRead More
Natural Gas (NG) Makes Sharp Intraday Reversal
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index continues making a bottoming pattern on the weekly chart, with the Yen index exhibiting positive divergence on the RSI and MACD against price. The weekly RSI is rising towards 30, and the MACD appears poisedRead More
S&P500 (ES), Nasdaq100 (NQ) Wobbly, Yen Firming Ahead of FOMC
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index continues making a bottoming pattern on the weekly chart, as waning risk appetite as reflected in the S&P500’s shakiness last week spurs a flight to the Yen and US Dollar. As sentiment against the EuroRead More
Xmas Break Lull Approaching with USDX (DX), S&P500 (ES) Near 2014 High
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index caved under continued downward pressure Friday on the back of a further strengthening of the USD. Expectations of the SNB selling some of its accumulated Euros in favour of the USD ahead of the January 22Read More
USDX Sitting Back Below 4yr Upchannel Resistance Ahead of FOMC
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. WeeklyRead More
EURUSD, GBPUSD Trading Range Likely Tight Despite Busy News Day, as FOMC Looms
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index slid a bit yesterday on some profittaking ahead of today’s busy news schedule. At 3am EST, French Flash Manufacturing PMI will be released, followed by the 330am EST release of the German Flash Manufacturing PMI, andRead More
EURUSD, GBPUSD, VIX (VX) Refueling
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
Strong Intraday Reversal on S&P500 (ES), Nasdaq (NQ)
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
VIX (VX) Sharply Higher as Santa Claus Rally Unwinding
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