Technical analysis of the US stock market, gold, silver, crude oil & natural gas providing the near-term outlook along with key support & resistance levels.
Technical analysis providing the near-term outlook for the US stock market, gold, silver, GDX, crude oil & natural gas. playback speed can be increased in the settings to reduce the duration of the video
Technical analysis on the US stock market, gold, silver, platinum, GDX, crude oil, utilities & various agricultural commodities & ETFs. Playback speed can be increased in the settings to reduce the duration of the video.
This week will, by far, be the most important week of this earnings season with a total of 119 companies in the S&P 500 index reporting. This week will also see all five of the market leading FAAMG stocks (FB, AAPL, AMZN, MSFT & GOOGL) reporting along with a slew of other market leading stocks. [...]
Technical evidence for a major trend reversal and correction in crude oil continues to build. The first chart below is the same chart (many annotations & technical developments later) that was posted here back on January 19, 2016, making the case that "a significant rally or trend reversal was close at hand" just 3 weeks [...]
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 [...]
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 [...]