Black and yellow gold tipping over the edge!
Regular readers of this blog will know that I often comment on both the gold and oil market, and today has been a seminal one […]
November 2013
Gold bulls have to be nimble on the hoof these days!
Whilst the medium term trend for gold is certainly bearish, and indeed has become ever more so following the break below the key support level […]
Flags flying as USD/JPY breaks away from pennant pattern!
Regular readers of my market analysis, and attendees at my online forex training webinars, will have seen me refer to the weekly chart for the […]
Gold crashes through the technical tipping point
In the last few days, I suggested the precious metal was looking weak and was approaching some key levels. Yesterday was a particularly torrid day, […]
WTI still bearish
The December contract for WTI continues its heavily bearish tone with the contract moving lower once again in yesterday’s oil trading session to close at […]
Gold picture looking bleak
It’s not been an easy time for gold bugs who are, once again, running out of hope that the precious metal will ever show any […]
YM touching key level
In the second of our benchmark charts, the YM (e mini for the Dow Jones) here too we can see this index is also on […]
Bulls still in charge on NQ
With so many market analysts and commentators attempting to call a top to the current bull market in equities, and with the traditional Santa Claus […]
VIX at ‘scary low’
No analysis of equities would be complete without a look at the VIX, and here the picture is extremely interesting, and no doubt worrying for […]
Appeal for help following Typhoon Haiyan
Please make a donation NOW Many of you reading this post, will already be aware of the devastation caused by Typhoon Haiyan which hit the […]
Emotional times for gold traders!
For gold bugs the past few weeks have been a roller coaster of emotions, with the gold price first recovering strongly from the low of […]
Bullish momentum returns for the US dollar
Not wishing to sound too smug, but in my post of mid October when everyone was writing off the US dollar, I did suggest that […]
US dollar regains its mojo
A confluence of factors all conspired to give the poor old US Dollar some much needed bullish momentum last week, coming in a variety of […]
Crude oil continues lower, not helped by the fundamentals!
Crude oil continued its bearish tone once again last week, closing the oil trading session on Friday at $94.61 per barrel for the December futures […]