More on the eye of the storm…GLD, SLV, FXE, TLT..
As this is a compendium encompassing a number of past comments we will just display links instead of the charts. GLD gave a sell signal, but unlike recent collapses it…
Technical Analysis of Stock Trends
As this is a compendium encompassing a number of past comments we will just display links instead of the charts. GLD gave a sell signal, but unlike recent collapses it…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 The sideways drift in the SPX in late September -- and other indices -- resulted in the construction of a more reasonable trendline, the last on the chart. The…
http://stockcharts.com/h-sc/ui?s=FXE&p=D&yr=0&mn=6&dy=0&id=p88765093810&a=203282122 In case you missed our earlier letter about the euro, here it is re-emphasized in spades. Broken fan lines, gaps, power bars and eye catching volume. And it just…
This looks to us like a toss-your-shorts signal in the euro. It might even be worth an exploratory long side trade -- but not a large one. The stop is…
Although there is a supporting trendline here it look to us as though it's safe to short the euro again, with the breaking of the upper trendline and the breakaway…