Tag Archives: EWZ
The Big 3…Spu..Nasd 100…EWZ… Pattern Alert! + Euro
All three are attempting ORL days. EUR/USD…needs a close below 121.75 Watch the levels late day and how they react against yesterday’s lows on any rally intra day! These are Risk Off Patterns… … Continue reading
A.M. Look 5/29/12
Crude Oil…The levels have not changed. 91.70 will be pivotal with 92.45 next resistance. OXY… by maintaining higher on the week, expect an attempt @ 82.67 followed by 83.45…the risk is 80.20 Nasd 100…resistance is 2592 followed by 2626 EUR/JPY…99.68 … Continue reading
EWZ | Brazil
All of you jonsing for a trade…this is a good place to look. Brazil has a potential double bottom on the yearly just shy of 49.25. I’m looking for this to make an attempt at 55, by staying over 51.50 … Continue reading
A.M. Look 5/24/12
Crude Oil…all new price action over 91.70 is needed for higher. Gold…look for the mid to high 1570’s to be tough zone. GDX…as well as some names like NEM put in ORH days yesterday. As of now they look to … Continue reading
EWZ iShares Brazil Daily
Keep a weather eye on the emerging markets for bottoming signs today. This would need a close over 55.08. The Mid-Week shuffle involves ( Often Times “rip your face off” contra-trend direction) or markets that are trying to turn direction. … Continue reading
DBC…EWZ…Trade Alert!
These long instruments should be Sold @ the market They have both violated their chart patterns. We sticking with our game plan…They either work or they don’t!
A.M. Look 5/3/12
Tomorrow will be about the metals as usual with the unemployment data and where they hold on breaks. I find myself somewhat optimistic that they are looking weak going into tomorrow. The Dollar is bid across the board, in particular … Continue reading
EWZ
Brazil is trading below 60 in pre-market. Do Not Add to This Trade… Wait out the early price action to see if the U.S. will hold these current lows. leave the stop as is on your nibble.
A.M. Look 5/2/12
EUR/JPY…105.50 is the 200 day and the closing level for an ORL day. Spu’s & Nasd….the support levels have not changed since Friday, and we still need an S&P close over 1402 to confirm higher. Oil…106.80 is a level that … Continue reading