macd

The S & P 500 powered down with volume today.. Quite heavy volume too. A test of 1163 is starting to look like a very good possibility now and would at least open up the possiblity of that reverse head and shoulders pattern setup I mentioned in an earlier posting.
After looking more carefully at […]

Here are a couple of charts on the 30 year T Bond Futures. Steven J Williams who graciously allowed me to repost his ‘ Is a US Bond Crash Coming ‘ article makes a compelling case that we may eventually see a US T Bond Crash, maybe in 2005?
At the Brink of a Break Down
It […]

A reasonably good case can be made that Gold Futures are at a major juncture here. I made a few points that supported this possibility in a previous post. Perhaps relying on the monthly MACD is somewhat simplistic. But you would be surprised how accurate this one simple indicator can be in picking major tops […]

The US dollar appears to be set up for a more extended upwards rally after bouncing for the third time from 14 year support. Over time the dollar trades inversely to gold so the chart set up in the US Dollar index is no big surprise here given yesterday’s analysis of gold futures.
Fed Defends the […]

Have you followed the gold story since 2000 ? Even if you have not followed what gold futures have been doing since the year 2000, chances are that you have at least heard through the popular press about the exciting moves in gold during 2003. The long journey of gold futures from the 2000 […]

This is just a brief post and mini follow up on the S&P 500. In a previous post I had mentioned that the S P 500 was creating what appears to be a rising wedge pattern.
Today it looks like we broke down out of this pattern with fairly heavy volume of 1.65 billion shares. Prices […]

I have been thinking about writing this sort of article for a long time. Basically what I want to do is essentially a brain dump of what I believe to be the top 10 mistakes traders make. Surely there are much more than just 10, but for now I am going to seed this post […]

I first mentioned NGAS on February 10th, and then on February 25th. Since February 10th, NGAS has appreciated about 23%. The overall chart on a long term as well as short term time frame still has promise. When I first mentioned this stock I made the statement that symmetrical triangle stock chart patterns are not […]

The dollar/rand chart appears to be close to a major trend change based on the monthly MACD oscillator. The monthly time frame of this indicator is usually a superb indication of major trend change. The South African Rand has been very strong in recent years and the SA miners have suffered because of it. Many […]

Does Technical Analysis work on the OTCBB?
There has been debate about whether or not Technical analysis works or not on tiny microcap stocks such as those on the OTC BB. I am of the opinion that it does work, however I am also of the opinion that this tiny marketplace is not one to spend […]