Please Register/Login to view the complete edition of Today’s Top 10 Trades. VIX (CFE VX Jan15) Weekly/Daily/4hr/Hourly The VX pulled back yesterday initially, only to power ahead in the US session slightly above the December high. On the weekly chart, the VX can be seen targeting the October high next, and has a fair amountRead More
Tag: GC_F
Gold (GC)’s Clears Downchannel Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index edged higher yesterday, sitting above 30 on its weekly RSI. The weekly RSI and MACD are still exhibiting positive divergence, while the weekly Stochastics %K and %D have crossed above 10. Let’s view the USDJPYRead More
USDJPY Testing Upchannel Support on Weekly/Daily Charts
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index pushed higher Friday post-NFP, and inched back above 30 on its weekly RSI. The weekly RSI and MACD are still exhibiting positive divergence, while the weekly Stochastics %K has crossed above 10. Let’s view theRead More
Cocoa (CC) Breaking Downchannel Resistance on the Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cocoa (ICE CC Mar15) Weekly/Daily/4hr/Hourly CC broke yesterday above a downchannel resistance line (on the weekly chart) and a symmetrical triangle resistance line (on the daily chart). Its weekly and daily RSI, Stochastics and MACD, along with 4hr MACD are all sloping upRead More
Cotton (CT)’s Forming Higher Low vs November Low
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
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
Natural Gas (NG) Plunges Over 5% to Downchannel Support on Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Silver (CME SI Mar15) Weekly/Daily/4hr/Hourly SI pulled back sharply on the final trading day of 2014, reversing all of the Tuesday gains and then some. In today’s Asian session, SI is attempting to find upchannel support (in the daily chart), and sits justRead More
AUDUSD Forming First Green Weekly Candle in 7 Weeks
Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD added nicely to its 4 day rally yesterday, and in today’s Asian session, has broken above .82. The AUDUSD can be seen (in the weekly chart) as having bounced off a descending wedge support, and is forming its firstRead More