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
Please Register/Login to view today’s complete Newsletter. VIX (CFE VX Dec14) Weekly/Daily/4hr/Hourly The VX took longer than I expected to form a tradable bottom, but with US Thanksgiving last Thursday, and more importantly Black Friday the following day, I should’ve realized that there’d be a bit more upwards momentum on US equities going into theRead More
Please Register/Login to view today’s complete Newsletter. Euro Philadelphia Index Weekly As the Euro index chart hasn’t refreshed since yesterday due to the US Thanksgiving holiday, the following notes for the Euro index are unchanged from yesterday’s. Euro index finally began receiving some respect yesterday with a clear break above 1.25 after several weeks ofRead More
Please Register/Login to view today’s complete Newsletter. Euro Philadelphia Index Weekly The Euro index finally began receiving some respect yesterday with a clear break above 1.25 after several weeks of consolidation. The Euro index is just a whisker away from a weekly MACD positive crossover, with the results of a positive divergence in play betweenRead More
Please Register/Login to view today’s complete Newsletter. EURCHF Weekly/Daily/4hr/Hourly Not much has changed with the EURCHF since yesterday, as the market remains on hold ahead of the Swiss gold referendum this Sunday. The EURCHF sits only 26pips (as of the time of this writing) from the key 1.2 level which the SNB has vowed toRead More
EURCHF Weekly/Daily/4hr/Hourly The EURCHF shuffled sideways yesterday, consolidating the recent lift from the 1.201 support. Some speculate that the SNB intervened last week, reinforcing the bounce from the poll ahead of the Swiss gold referendum. Either way, the EURCHF remains only 27pips (as of the time of this writing) from the key 1.2 level whichRead More
AUDUSD Weekly/Daily/4hr/Hourly Among the major USD pairs, the AUDUSD has progressed most towards forming a tradable bottom. A triple bottom appears to be forming on the weekly chart, and on the daily chart, the AUDUSD is retesting its descending triangle resistance. Significantly, Thursday’s low was higher than the low formed about two weeks earlier. BullishlyRead More
Euro Philadelphia Index Weekly The Euro index has begun rallying, with the weekly MACD about to positively crossover, and a positive divergence seen between the weekly RSI, Stochastics and price. Longer term, one can spot potential downside risk to 119-120, especially within the context of a monthly chart. Let’s view the EURUSD shorter timeframe chartsRead More
Arabica Coffee (ICE KC Mar15) Weekly/Daily/4hr/Hourly KC surged yesterday more than 3.2%, and now has upward momentum even on the weekly chart, with the MACD green line flattening and perhaps positively crossing over in the next few sessions. After yesterday’s strong rally though, a bit of profittaking could hit KC in the first half ofRead More
Euro Philadelphia Index Weekly The Euro index continues forming its tradable bottom, with the weekly MACD about to positively crossover finally, and a positive divergence seen between the weekly RSI, Stochastics and price. Longer term, one can spot potential downside risk to 119-120, especially within the context of a monthly chart. Let’s view the EURUSDRead More
