Saturday, August 31, 2013

BIDU

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

Natural Gas futures

Nat Gas

Long @ 3.587
Target  @ 3.602 HIT

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 helps

Long @ 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