Please Register/Login to view the complete edition of Today’s Top 10 Trades. A50 (SGX CN Jan15) Weekly/Daily/4hr/Hourly The CN finished last week with a Dragon Fly-like pattern on the weekly candle, and any reversal implications will now require confirmation from this week’s candle. The video posted yesterday analyses a 5yr weekly chart on the underlyingRead More
Tag: NG_F
ECB QE Sets Stage for Sunday Greek Elections
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL rallied yesterday ahead of its inventory numbers, only to reverse all of the day’s gains in the 30min leading up to the data release. The downswing continued post-release, before CL found a bottom around 46. OnRead More
A50 (CN) Forming Weekly Dragonfly
Please Register/Login to view the complete edition of Today’s Top 10 Trades. A50 (SGX CN Jan15) Weekly/Daily/4hr/Hourly CN tacked more than 5% to the current rally yesterday, forming a weekly Dragonfly which following an uptrend tends to portend a bearish reversal. On the daily chart, CN has recovered upchannel support, but is currently forming aRead More
Natural Gas (NG), WTI Crude (CL) Trying to Find Support After Yesterday’s Plunge
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Feb15) Weekly/Daily/4hr/Hourly NG plunged over 9% yesterday at one point, only to bounce after the NG pit close at 230pm EST to end just more than 6% off for the day. NG is still under downchannel support (in theRead More
A50 (CN) Bouncing ~5% After Crashing Over 11% Yesterday
Please Register/Login to view the complete edition of Today’s Top 10 Trades. A50 (SGX CN Jan15) Weekly/Daily/4hr/Hourly CN crashed over 11% yesterday, as it sliced through the key uptrend support (on the weekly chart) following a break Friday of an uptrend support (on the daily chart). In the Asian session, it is now rallying asRead More
A50 (CN) Breaks Uptrend Support on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. A50 (SGX CN Jan15) Weekly/Daily/4hr/Hourly The CN broke uptrend support (on the weekly chart) today, following the breach Friday of uptrend support (on the daily chart). The downchannel support (in the 4hr chart) has been broken as well today. Momentum on the dailyRead More
AUDUSD Testing Descending Wedge Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD forged higher yesterday, exhibiting a roughly 150 pip range intraday. The AUDUSD bounce continues reflecting improving sentiment towards commodities especially in the energy, precious metals and softs complex. On the weekly chart, the AUDUSD is testing descending wedge resistance,Read More
Natural Gas (NG) Spikes Over 11% as it Bottoms on Weekly/Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Feb15) Weekly/Daily/4hr/Hourly NG spiked over 11% yesterday, solidly putting in a bottom on the weekly and daily charts. On the weekly, NG has reclaimed downchannel support, and on the daily chart, NG is solidly above a downchannel resistance line.Read 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