SP500, Oil and Gold Trading at Resistance Levels
June 16, 2010
It’s been a bright week so far for stocks and commodities. It appears that the down trend could have ended as of yesterday (Tuesday June 15th). In this mid-week report I figured I would bring back the 80’s colors to see if…
SPX, Gold & Oil on the VERGE of Something BIG
Wednesday June 9th
Market volatility continues to shake things up making it profitable for traders who are quick to spotting key reversal points, manage risk and taking profits before it evaporates. On Tuesday we saw the market go up and down…
Broad Market Internals Are Pointing To Higher Prices
It was another extremely volatile week sharp rallies followed by sharp sell offs. Fear is in no doubt controlling the market. The bulls and bears continue to battle it out. The charts below cover some important trends and market internals I…
How to Read Market Internals for Trading the SP500 and Gold
It’s been a very exciting week so far for gold and SP500 traders as we take advantage of mass crowd behavior. Trading against the masses can be very profitable during certain situations but more times than not it’s a great way to lose money…
Trend Trading Gold, Silver, Oil & SP500
May 30th 2010
Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money. After watching and reviewing the…
The Gold & Silver Precious Metals Correction
Wednesday May 26th
It’s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo. You cannot take your eyes off the screen if you have a large amount of money invested…