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. Charts are mined and selected from MarketClub'sproprietary SMARTScan & Trade Triangle technology.
. Notes & Labelings are entirely the Blog author's.In the spirit of community sharing.
. Charts are mined and selected from MarketClub'sproprietary SMARTScan & Trade Triangle technology.
. Notes & Labelings are entirely the Blog author's.In the spirit of community sharing.
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Sunday, June 24, 2012
Saturday, June 23, 2012
Thursday, June 21, 2012
Gold : more to the downside...
Barring breach of $160 on the upside,
Gold's trend channel is down....
Now at important support level $155-$150
$$130 will be the objective to the downside.
Over 3 to 4 months
$20 movement on $150 entry
About 15% profit....
Risk/Reward : 1:2
Gold's trend channel is down....
Now at important support level $155-$150
$$130 will be the objective to the downside.
Over 3 to 4 months
$20 movement on $150 entry
About 15% profit....
Risk/Reward : 1:2
Tuesday, June 12, 2012
A case for Equities ? Relatively cheap PEs
A case for Equities ? Relatively cheap PEs
Is this the time to accumulate rather than dump ?
If this is indeed the right time to accumulate, is this the right level to ?
Chart wise...wait and see....
Take for example GE....it had been sold down, went up to the support level and now seems to go down again..
Is this the time to accumulate rather than dump ?
If this is indeed the right time to accumulate, is this the right level to ?
Chart wise...wait and see....
Take for example GE....it had been sold down, went up to the support level and now seems to go down again..
Monday, June 11, 2012
SLV : Hanging by a thread.....
>
> Just a quick one on SLV
> . Trend channel is down.....$20 plus minus.....is the bottom....of the channel
> . If $27 breaks on the down side....SLV would get very interesting......
> . If it ever does.....to work itself back up...is going to take a while....
>
> . $32 plus minus $2 is still resistance.....but of it breaks convincingly then we may have a winner on the long....but until then.....channel is down....
>
> Either way....time is on your side to enter to long...
>
>
> Cheers
> Yr friendly neighborhood chartist...
>
> Just a quick one on SLV
> . Trend channel is down.....$20 plus minus.....is the bottom....of the channel
> . If $27 breaks on the down side....SLV would get very interesting......
> . If it ever does.....to work itself back up...is going to take a while....
>
> . $32 plus minus $2 is still resistance.....but of it breaks convincingly then we may have a winner on the long....but until then.....channel is down....
>
> Either way....time is on your side to enter to long...
>
>
> Cheers
> Yr friendly neighborhood chartist...
>
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