Tag Archives: Pattern Alert
IBB_-_iShares_NASDAQ_Biotechnology_Index_Fd_Daily.gif…Pattern Alert!
A close below 160.13 puts in an ORL day. The IBB has led the entire rally since last July. This level is generally a Bear Trap the first time down. Meaning, they run the short term stops at the level … Continue reading
Nasd 100…Spu’s…Gold Pattern Alert!
Closing below 2711 Nasd 100 puts in an ORL day. The Spu level is 1444. This pattern if completed would be negative the Equities. The higher yields..lower Bond futures is creating the flight to the Dollar and the selling of the precious … Continue reading
Gold…Pattern Alert…Trade Alert!
The Gold is Putting in an ORH day with a close over 1704.80. The Pit session already put in the Pattern. ETF guys …that’s a close over 165 in the GLD We’ll honor this pattern and add another 20% piece … Continue reading
E-mini_NASDAQ_100_Pattern Alert!
This is a trad able low in the Nasd 100 @ 2622 AAPL back over 540 will have the shorts running for cover!
GOOG….Pattern Alert!
Everybody is loaded up long… This just put in a new high by 11 ticks from last Week,Month & Qtr… Meaning…double top land!!!!! This is the one to watch!!!!!!!!!!! It’s very overbought!!! This rolls over it’s AMF boys…
Oil & USO | United States Oil Fund Weekly Chart
Both the Oil Futures “Pit” session @ 78.05 and the USO ETF @ 29.30 show a potential weekly double bottom pattern. While there is presently no price action to indicate this will be the low, it is a tradeable pattern … Continue reading
NEM | Newmont Mining Pattern Alert
Yesterday we sent out a piece on taking profits or tightening up your risk in the miners for those involved. NEM..is attempting an ORL day with a close below 51.25, which would confirm the level in the GDX of 48.50
ORH | Pattern Alerts
Euro…124.29 Gold…1572.60 Silver…28.09 Platinum…1419.50 Swiss Franc Futures…103.38…96.65 USD/CHF AUD/USD… 97.72
CQG_IC_Chart_S_GDXJ_-_Market_Vectors_Junior_Gold_Miners_ETF_Weekly.gif
Pattern Alert….A close over 23.41 puts in an ORH Week. It’s a pivotal level. This would be considered a price positive formation
SDS…Pattern Alert
A close tomorrow over 15.44 puts in an ORH week. We would view this as confirming a top in the indices. Sell rallies the rest of the day in the equity indices..NASD 2750 is the level to manage your shorts. … Continue reading