Please Register/Login to view the complete edition of Today’s Top 10 Trades. As some of the weekly charts in Today’s Top 10 Trades do not have much price history, 10 five year weekly charts are now being analysed for each upcoming week and published each Saturday by around noon GMT. The Videos contain technical analysisRead More
Tag: S&P500
WTI Crude (CL) Breaks Above Downchnanel Resistance on Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL surged late in Friday’s session, particularly after its pit close, breaking above the downchannel resistance line (on the daily chart), and testing the more significant downchannel resistance line (on the weekly chart). The weekly MACD greenRead More
Accumulating Corn (ZC)/Wheat (ZW)/Cotton (CT)/Natural Gas (NG) Longs
Today’s going to be a busy day of trading as I’ll be accumulating fresh longs on Corn (CME ZC Sep14), Wheat (CME ZW Sep14) and Natural Gas (CME NG Sep14) after having traded in and out of them last week. I’m still holding two lots of Cotton (ICE CT Dec14) long from last week, andRead More
Netflix (NFLX) Rolling Over
Netflix (NFLX) has been exhibiting toppish behavior for a few weeks now, and is now added to the watchlist as both its weekly as well as daily charts now point lower. Given the downward pressure in the last few sessions, selling into a small bounce today or early next week may present better risk-reward. ArabicaRead More
Arabica Coffee (KC) Rallies Again
After a strong performance of over 4% in gains yesterday, Arabica Coffee (ICE KC Sep14) has reclaimed the 38.2% retrace level of the 2014 Jan-Apr rally. KC will likely experience a bit of profit taking today, but has now with an increasingly bullish weekly chart, laid a strong foundation for gains in the weeks ahead.Read More