It appears that the major indexes have started the change in trend. DIA has fallen through the congestion area of November and December price...
UGA topped at the end of October. It has steadily declined since then. You would think that the gasoline prices would increase going into the...
OIH has completed another five waves down to the 12/8/09 low. It has since bounced back up to the resistance level of 121. Whether or not the...
ZSL appears to have completed an Elliott Wave impulsive 5 waves up today. If that is the case, look for a retracement to the 4.10 to 4.30 area....
TBT appears to have completed an Elliott Wave impulsive 5 waves up. If that is the case, look for a retracement to the 46.09 to 47.23 area. The...
GLD has given back the gains made in 10 trading days in one trading day. Fridayââ¬â¢s drop was brutal for gold. You have to remember that...
PST has bounced up for the last two days from the recent low. I will not call it a bottom just yet. The reason why that is, there is not a...
XLF has found itself in a critical juncture. I have given plenty of reason for a top in the last post. Now I will give the critical levels that...
USO is still struggling to get above its 233 EMA. It has actually come down from that resistance since the last update. There are reasons to...
DUG has dropped to the 78.6% Fibonacci retracement level of the move from the 10/21/09 low to the 11/3/09 high. The next couple of days will be...
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