Tag: chart analysis
Why Silver Prices May Trade Higher In The Short-Term
The past several weeks have seen Silver prices consolidate in a wide range. This range indicates a still indecisive market for precious metals. However,...
Gasoline Prices Move Higher, Likely To Top By Mid-Summer
A commodity currency describes currencies of countries that rely heavily on the production and export of commodities. And three commodity currencies that I often...
US Dollar Under Pressure: What’s Next And How To Trade It
A stronger US Dollar finally caused some disturbance with US corporations, especially multinationals. While reporting March-quarter earnings, one after another singled out the dollar...
NASDAQ Uptrend Intact: Higher Price Targets Still In Play For 2015
After another stealth selloff early last week, the NASDAQ Composite recovered nicely on Friday. That rally started right at its uptrend line and has...
Why Silver (SLV) Prices May Continue To Chop Higher?
This update on Silver prices follows our February post in which we wrote that traders should expect a corrective rise in silver prices. Our analysis...
What’s Next For Biotech Stocks? Watch This Trend Line
There has been a lot of buzz surrounding the recent weakness in the Biotech stocks as traders try to digest the recent bouts of selling...
Gazprom Bonds: A Leading Indicator For Crude Oil Prices?
Today, I'd like to highlight how the bond market can (and often does) serve as a leading indicator for equities and commodities.
Below is a...
Emerging Markets (EEM): Chart Says This Week Is Critical
The Emerging Markets have been a hot topic as they have outperformed recently. I wrote about the S&P 500 (SPY) to Emerging Markets (EEM) relative...
US Dollar Chart: Is A Deeper Pullback Coming?
The US Dollar Index has been flexing its muscle since last summer and is up over 20% in less than a year. When putting the...
S&P 500 Nears All Time Highs: Chart Implications
As I type, the S&P 500 is within one point of its all time highs set back in February. The question now is whether...