Thursday, April 26, 2012

S&P Futures

The price action looks like its range bound. The longer this pattern continues, the bigger the explosion will be to either the upside or downside. Hope this helps...

Wednesday, April 25, 2012

NASDAQ Futures

What a chart thank you Apple, It wont take much to push price to  the swing high. Hope this helps

OIL

Need to watch this one for a break to the upside. Keeps knocking on the door. Hope this helps

Sunday, April 22, 2012

ZSL

ZSL

If price breaks to the upside, keep the gap in mind as your target. Hope this helps... 

CMG

CMG

Price has finally broke through the uptrend with huge volume. Wait for the price to retrace to the moving average and that should be a good short entry with low risk. Hope this helps 

NASDAQ Futures

NASDAQ Futures

Interesting price action. Price cannot seem to close above the fibo 61.8% nor the down trend line or the moving average. Keep in mind there's a gap to be filled (see chart). Hope this helps 

Thursday, April 19, 2012

VIX

VIX
Price has taken out the high of the low bar and has held at the moving average while testing the down trend line... Should pop up shortly. Hope this helps...

USD Futures

USD Futures

What a chart! Price has held on a pullback to the moving average, Fibo retracement and keeps kissing the down trend line. Must be preparing to make a big move to the upside. You better have three eyes on this one. Hope this helps...

Sunday, April 15, 2012

GOLD

GOLD
Looking at this monthly chart, you can see a very nice pullback to the MA as price has held as a bull flag pattern has formed. You could wait till price breaks 1682.70 for confirmation as price looks like it will retest 1923. Hope this helps

Wednesday, April 4, 2012

GOLD

GOLD

How low will price go? Should hit the bottom of the channel. Hope this helps