Friday, October 15, 2010

S&P Futures






 
 A bullish pattern to keep an aye on. If time permits, I'll post a downside target, but this upside pattern will have to play itself out first before I can post any type of forecast. 1177 - 1177.25 is a potential reversal area. Through there with any authority and shortsellers could be in some trouble.

Wednesday, October 13, 2010

Oil

S&P Futures


 This is a choppy pattern and you shouldn't bet the farm on its accuracy, but it looks like we're on our way to at least 1180 on the futures.

Sunday, October 10, 2010

The Dollar

A Song for the Bears

Trade Idea (VT.TO)


 Left click to expand company description or charts.










 Aside from the short-term MACD (which I would prefer were a little more cooperative), the chart is optimistic and broke through resistance on Friday on good volume. Agricultural stocks are moving, and I see no reason why Viterra would be left behind.

 Perform your own due dilligence.

Saturday, October 9, 2010

End of Week Charts















Gold and the 50 DMA