Technical analysis providing the near-term outlook for the US stock market, gold, platinum, silver, crude oil & the US Dollar. Playback speed can be increased in the settings to reduce the duration of the video
Technical analysis on the utilities sector via XLU (Utilities ETF) plus additional analysis on SO (The Southern Company). Playback speed can be increased in the settings to reduce the duration of the video. @january2018
Technical analysis providing the near-term outlook for the US stock market, gold, silver & the mining stocks, natural gas and crude oil. I've also included a static 60-minute chart of /PL (platinum futures) below the video as platinum is starting to break down below this very extended price channel with negative divergences in place. Potential [...]
Technical analysis of the US stock market via the S&P 500, Nasdaq 100 & Dow Jones Industrials. Key support levels & developments to watch for are covered along with near-term price targets. I've also included screenshots of the 3 charts covered in the video below (via 60-minute futures charts): Nasdaq 100, S&P 500 & Dow [...]
Crude futures have broken down & backtested the secondary uptrend line, currently making the second test of the 63.15 support level. A solid break and/or 60-min close below will likely bring /CL down to the 62.20 level. Should my call for a correction in crude continue to play out, that should translate into more downside [...]
End of day market wrap covering the following commodities & indices via 60-minute futures charts: Gold, Crude Oil, Siver, Natural Gas, Dow Industrials, S&P 500 & the Nasdaq 100.
One of the sectors that I'm closing monitoring for a potentially lucrative swing shorting opp are the major automakers. U.S auto manufacturers collectively reported lower U.S. sales in December, with total sales for 2017 falling shy of the record set in 2016 and representing the first annual decline since the financial crisis eight years ago. [...]