Nymex Natural Gas (NG) Natural gas falls further today and with 4 hours MACD turned negative, recent decline might be resuming. Intraday bias is mildly on the downside for 2.692 low first….
Gold Daily Technical Outlook
Comex Gold (GC) Intraday bias in Gold remains neutral for the moment. We’d expect some more consolidation between 931.3 and 974.3 and will stay neutral as long as Gold stays in this…
Silver Daily Technical Outlook
Comex Silver (SI) While upside momentum is diminishing a bit, intraday bias in silver remains on the upside with 14.525 minor support intact. Further rise could still be seen to 15.185 resistance….
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) Crude oil’s fall from 75.0 extends further and is now pressing near term trend line support. At this point, intraday bias remains on the downside. Sustained break of…
Strong ISM Data Failed To Support Oil, WTI Closed Below 70
Crude oil price sank -2.7% to close at 68.05 Tuesday, the lowest settlement since August 17 as driven by decline in equity markets and strength in USD against the euro. Others in…
Crude Remains Under Pressure – Surge in Fear Index Suggests Lower Risk Tolerance
Currently trading at 68.5, the October contract continues to trade below 70 in European morning. The market awaits the US Energy Department’s inventory report which will likely show a draw in crude…
Is China Asleep at the Wheel?
The Hidden Story Behind Emerging Market Statistics Often overshadowed in the media by China, the Indian economy has always been much ignored and largely misunderstood by Western investors. Even the less-biased media…
The High Velocity Market Master has arrived
I attended the High Velocity Market Master webinar yesterday and actually saw the charts with my very own eyes and found out what this method is all about. I was floored by…
The Fed’s Interesting Week
It has been an interesting week indeed for the Federal Reserve. Early this week, it was announced that President Obama intends to reappoint Fed Chairman Ben Bernanke to a second term in…
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With all the movements in the market recently, traders and investors are focusing more and more on protecting capital. I’ve found that by properly knowing the trend of the symbols in my…