Tuesday, January 31, 2012
Monday, January 30, 2012
Sunday, January 29, 2012
Is the Stock Market Ready to Top?
Even as rumors abound of a debt haircut deal between private investors and Greece, markets have started to correct from short and intermediate term overbought conditions. Many pundits have already started to talk of a major top and no doubt the current round of selling will spur more to jump aboard the bear bandwagon. While I tend to agree that a significant market peak is not far away, my current analysis leads me to conclude that the present decline is a minor episode and there is at least one more surge higher to come before we can abandon our long orientation and switch to the short side of the markets.
There are a number of plausible scenarios presenting themselves for our consideration at this time. There's a small possibility that we have seen the top recently but there is also an even better possibility that the wave from the March 2009 low has not yet completed. I continue to favor the scenario which calls for a final high above the February and May 2011 peaks.
Here is my favored scenario on a weekly chart:
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Keeping You on the Right Side of the Market
Thursday, January 26, 2012
Wednesday, January 25, 2012
Source Link:
http://www.thebullbear.com/profiles/blogs/will-the-euro-collapse
Will the Euro Collapse?
Trading a true currency collapse is a rare opportunity. Most
market participants are familiar with the story of George Soros
and his ride to prominence on the back of the collapse of the
British Pound. Is it possible that a similar opportunity may
present itself soon in the form of a collapse of the Euro? The
analysis contained within this report tends to indicate that it
more than possible.
This is a technical analysis report with only tangential
reference to macro fundamental factors such as economic growth,
quantitative easing and interest rates. Sound technical analysis
tends to reveal the potential in a market long before fundamental
factors coalesce, though in this particular case the gap between
market action and fundamental news may be narrow. In a collapse
scenario, the edge provided by technical analysis can determine
whether a trader is properly positioned at the right time or left
watching on the fringes of the trade.
In this report I'll be covering:
- EuroDollar
- EuroYen
- EUR.AUD
- EUR.NZD
- EUR.CAD
- EUR.CHF
- EUR.GBP
- EUR.SGD
- GOLD/EURO
- SILVER/EURO
- Interbank credit spreads
- European Financial Stocks
EURO.DOLLAR
This monthly chart will be used as our primary view for tracking
this market and its potential trading setups:
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src="http://api.ning.com/files/v568nNgBTNBJ9F*Bu7qnKYv5J-e1MSFUe-wa-cXz0UoygkndEy2pID7k4PaqbyHVLYFrFpLRhmzD*tL*8qjLN1h04688HDfO/ScreenShot20120123at12.43.34PM.png?width=750"
width="750">
CONTINUE READING:
Will the Euro Collapse? -
==========================================
alt="EURO TRACKER" class="groupicon" height="171" width="171">
Will the Euro implode? With my new EURO TRACKER you get a
comprehensive technical analysis report on the Euro with periodic
updates and the ability to ask questions in a discussion forum
format. Make big trading profits tracking the Euro!
http://www.thebullbear.com/group/euro-tracker
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