US Major Markets, Support and Resistance
DJIA Close: 14,909.60 Resistance The 50-Day EMA: 14,957 The 50-Day SMA: 15,042 15,455 the Nov up trendline 15,542 the May 2013 high Support 14,888 the Apr 2013 high 14,844 the June 2013 intra-day low...
View ArticlePaul Ebeling on Wall Street
Last Friday after 3 up days, the markets paused to refresh. This is shortened week in the US markets due to Independence Day. The markets close at 1:00 a EDT Wednesday and all day Thursday. NYSE rules...
View ArticleFocus on Precious Metals and Energy
The Overall Technicals Comex Gold (GC) Gold’s down trend continued last week falling 1179.4 before covering some. From near term POV, my outlook stays Bearish as long as the resistance at 1268.7 holds....
View ArticleFx Trade Idea, EUR/USD Buy at 1.3025
EUR/USD – 1.3079 New strategy: Buy at 1.3025, Target: 1.3125, Stop: 1.2990 The EUR rebounded again after holding above the Kijun-Sen, retaining the POV that a temporary low has possibly formed at...
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