Saturday, August 31, 2013
BIDU
Price is in a nice channel and remember the longer the price stays in the channel, the BIGGER the move long or short. Hope this helps
Oil futures
OIL
Next price targets for oil based on Fibonacci extensions. See chart. Unfortunately, this all depends on what happens in Syria. I believe if Oblamea attacks - commodities will explode. Just my opinion! Hope this helps.If you don't trade futures, you can use the USO etf.
Long @ 38.63
Target 1 39.46 HIT
Target 2 40.29
Stop @ 39.66
Thursday, August 29, 2013
GOLD
GOLD
Key levels to watch on gold (see chart). If price can break out of the shaded area either way should make for a very nice trade. Hope this helps
Nasdaq futures
NASDAQ
Looks like the place to concentrate on is the NASDAQ. Much stronger than the other markets. Hope this helps S&P Futures
Much weaker than the NASDAQ. Maybe the NASDAQ will lead the markets higher? Syria whats next? Hope this helps
Wednesday, August 28, 2013
Cocoa Futures
Cocoa Futures
Price should break out shortly, but then again one never knows. Worth keeping on your watch list for a breakout. Hope this helps...
ARIA
ARIA
Nice long setup. See chart for entry, stop and target. Hope this helpsLong @ 19.32
Target one @ 20.04 HIT
Target two 20.52 HIT
Target three @ 21.30 HIT
Target four @ 22.49 HIT
Target five @ 24.59
Stop @ 20.70
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