Technical analysis providing the near-term outlook for the US equity markets, gold, silver, platinum, crude oil & the US Dollar.
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 US stock market along with several sectors that stand out at this time including the Euro & US DollarGLD (gold ETF) & GDX (gold miner ETF), XBI (biotech ETF) & XES (oil & gas equipment & services ETF).
Technical analysis on the U.S. stock market, select sectors that stand out as well as gold, GDX & the US Dollar. Covered in the following order are the outlook for the US dollar, gold & the precious metals sector via EUR/USD, /GC (gold futures), GLD (gold ETF) and GDX (gold miners ETF); the near-term outlook for the biotech sector via XBI along with an update on the CELG (Celgene) active trade; crude oil & the energy sector via /CL (crude oil futures), XLE, XOP, XES & a few individual energy stocks that stand out as potential trade ideas; analysis of the [...]
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 increased in the settings to reduce the duration of the video with an optimal setting of 1.25x.
Regarding the outlook for gold & the precious metals sector, one hardly needs to include a chart either GLD or GDX as the charts of EUR/USD are often sufficient to assess the outlook for gold, which has a strong direct correlation with gold prices. After putting in a divergent high & then breaking down below the primary uptrend line, EUR/USD went on to hit my first target followed by a bounce back to the upper-end of my bounce target zone & has since been moving lower. The failure at the top of that zone increases the odds for a move back [...]
Several key technical developments & levels to watch for in the broad markets today as well as a few trading opportunities s that stand out at this time.