Stock Market & Sector Analysis (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 [...]

Broad indices & sectors video

I'm seeing a mixed bag of bullish and bearish charts when viewing the broad markets and key sectors from a longer-term perspective.  For now, my longer-term bias remains bearish but I did want to point out some of the recent bullish technical developments as well as some of more bearish charts as well. I put [...]

Dec 20, 2012 5:29pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , , , , |Comments Off on Broad indices & sectors video

XES update

also another recent stop-out if anyone took the XES breakout.  seems to be a common theme lately... all these recent breakout on non-confirming volume that have been failing one after another lately.  previous and updated chart below.  this trade might still offer a decent short entry here but not as objective at this point as [...]

Mar 6, 2012 1:22pm|Categories: Completed Swing Trades|Tags: |Comments Off on XES update

XES update

currently prices are right at the neckline on the possible XES IHS pattern recently posted.  however, please read the notes from that original post here before taking the trade.  here's the chart from that post as well as today's updated chart.  

Feb 7, 2012 3:49pm|Categories: Completed Swing Trades|Tags: |Comments Off on XES update