Market Analysis — Commodities

6/24 Weekly Recap

Posted by jon on

Spy of the week.   This week we continued with the somewhat chaotic moves of the market. The direction was clearly up, but almost all of the previous week’s trading days were very volatile, and closed very close to the …

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17/6 Weekly Market Recap

Posted by jon on

Spy of the week.   This week we experienced a sharp decline in the markets. The first two sessions seemed to continue the upward price movement, penetrating the down-sloping channel of the last two weeks, but things changed rapidly. On …

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10/6 Weekly Market Recap

Posted by jon on

Spy of the week This week the market experienced a range-bound price activity. Being in a downtrend channel, we started this week with a bearish bias, but as we went progressed into time, the SPY formed a significant higher low: …

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Gold hovers near 50 EMA support; Palladium on strong bullish uptrend

Posted by ProTradingIndicators on

Gold climbed 0.3 percent on Thursday, showing some correction from the previous session’s slide amidst underlying uncertainties surrounding the U.S. fiscal crisis negotiations. Prolonged discussions in the white house with no clear solution could increase risk aversion and propel investors …

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A longer term perspective on Crude Oil price

Posted by ProTradingIndicators on

Oil is telling us something. Should we listen? That is up to you. Over the last year crude oil has shot a few technical warning shots for investors. In this article we will discuss them.   The most obvious thing …

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