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 [...]
On the first chart below, /ZW (wheat futures) have fallen back to the 438 support level with bullish divergences on this 60-minute time frame. On the second chart below (daily chart of WEAT), the scenario with the green dotted arrow would be ideal for the Active Long Trade on WEAT with the white dotted lines [...]
This video covers the near-term outlook for some potential swing trading opportunities at this time with analysis on various stocks, ETNs, commodities and futures contracts. Covered in the following order is the outlook for: The precious metals & mining sector via the charts of /GC (gold futures), EUR/USD (euro-US Dollar pair) & GDX; Crude oil [...]
The following notes & chart provide an update to the WEAT, Wheat ETN, active swing trade idea & trade setup, including price targets.
Most of my home town of Fort Myers, FL is still without power including my home although I'm now back online with generator power & a (slow) internet connection via tethering off my cell phone. I hope to be fully running with both my power & high-speed internet connection restored soon but don't know exactly [...]
While not completely out of the woods just yet, the WEAT swing trade managed to avoid being stopped out by the skin of its teeth on several trading sessions recently, going on to breakout above this 60-minute price channel as well as the 6.50 resistance level. WEAT 60-min Sept 5th Likewise, the outlook [...]
An overview of some of the swing trade ideas that stand out at this time.