Technical analysis on gold, GDX & various commodities including crude oil, natural gas, copper, timber & various agricultural commodities. Playback speed can be increased in the settings to reduce the duration of the video.
Technical analysis on the US stock market as well as a few sectors & trade ideas that stand out at this time. Covered in the following order is the outlook for JCP, SPY, QQQ, IWM, EUR/USD, GLD, /GC (gold futures), /CL (crude futures), USO, XLE, XOP, XES, XBI & IYT. Video playback speed can be [...]
XES (Oil & Gas Equipment & Services ETF) could be in the process of forming an Inverse Head & Shoulders bottoming pattern. A little more downside in XES followed by a resumption on the primary uptrend in energy stocks would be inline with my recent scenario for a correction in the energy sector, which is [...]
A quick look at some of the key technical levels & developments that I'm monitoring on within the U.S. equity markets. Starting with the 60-minute charts of the broad index tracking ETFs: The momentum in SPY is rapidly diminishing on this most recent thrust to a divergent high. A break below the 253.85ish support will [...]
Technical analysis of the stock market, crude oil as well as several swing trading opportunities that stand out at this time. The following securities are covered in this order: /CL (crude futures), XOP, XLE, NVDA, SOXX, SMH, XSD, CRUS, QCOM, XLP, XBI, SPY, QQQ, & IWM. Playback speed can be increased in the video settings [...]
This video highlights some of the potential swing trading opportunities that stand out at this time. Covered in the following order are: Crude oil & the energy sector via /CL (crude futures), XLE & XOP gold & the US dollar via /GC (gold futures) & the EUR/USD forex pair various agricultural commodities via /ZW (wheat [...]
Both /CL (crude oil futures) and USO (crude oil ETN) have bounced back to resistance following their recent breakdowns while the energy stocks, shown here via XLE & XOP, have also bounced back to resistance following their respective breakdowns. All charts below are 60-minute time frames.