Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Feb15) Weekly/Daily/4hr/Hourly NG strongly rebounded yesterday from just above the key $3 round figure level, confirming downchannel support (on the daily chart) for now. On the 4hr chart, NG has broken above a downchannel resistance, and still has aRead More
Tag: SI_F
Silver (SI), Gold (GC) Bounce off Upchannel 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 rallied nicely on Friday, bouncing off the upchannel support (in the daily chart) and is now approaching a downchannel resistance line (in the 4hr chart). On the weekly chart, SI appears in the middle of a downchannel,Read More
Cotton (CT) Breaks Above Descending Wedge Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cotton (ICE CT Mar15) Weekly/Daily/4hr/Hourly CT made a strong break yesterday above the .61 horizontal resistance level (seen in the daily chart), and decisively broke above the descending wedge resistance (seen in the weekly chart). CT is now consolidating at the .62 levelRead 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
SNB Surprise Fuels EURCHF Spike Up, EURUSD Weakness
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cocoa (ICE CC Mar15) Weekly/Daily/4hr/Hourly CC has seen a surge in upward momentum over the last few weeks, and is currently just shy of a downchannel resistance line (as seen on the weekly chart). Nearer term, on the daily chart, CC is flirtingRead More
Silver (SI), Gold (GC) Bouncing Off 50% Fib Retrace of 2 Wk Dec Rally
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cotton (ICE CT Mar15) Weekly/Daily/4hr/Hourly CT surged late in yesterday’s session, after having initially pushed below .6. By the close, CT was back in the upper half of the upchannel as seen in the 4hr chart. On the daily chart, CT continues itsRead 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, 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