Copper futures look like they are about initiate some price action that could be the most significant since mid 2006. Copper futures are approaching a key long term resistance range near the 4.000 area. This range represents the top trading range level of an almost 5 year trading range. If copper futures manage to break … Read more
Here is another copper stock although it is much less attractive situation than was mentioned in my previous post. This one is tiny, not very liquid which is a huge disadvantage and at the moment does not show a very attractive risk / reward in my opinion. But the reason I am showing it is … Read more
I received an email about a week ago from a loyal reader. I was late in responding, but am glad I checked my email because it led to a pretty good analysis which you are about to read right here at Online Trading. I thank him for writing me because it led to this write … Read more
The sp500 is still trading within a very large trading range. It is looking like we are headed on a clear path to 1230 or so for a test of those swing highs. The 1230 is right at the top of the current large trading range. So it seems like it is too late for … Read more
The rising price of crude oil to date has had a somewhat limited affect on the economy ( so far) but my overall analysis of the crude oil chart says to me that there is still plenty of bullish potential for the intermediate and longer term time frames. Certainly it seems somewhat odd that the … Read more
Since this mini – bear has started in late July the stochastic short term trading indicator has issued three very reliable sell signals and led to major downside price action in the sp500. The stochastic has been good so far as a sell signal after it has traded ABOVE the 80 percentile line and then … Read more
Palladium is not a metal you hear about every day, so why bother even thinking about it? I will tell you why, because the palladium price chart from a risk reward perspective is starting to look pretty damn good… Commodity Palladium does key retest of 23 year long support level In technical analysis, long term … Read more