Sunday, February 28, 2016

Equity Counter- Rally still shy the real testing levels......NDX100

NDX100 Daily Chart @ Close Friday 02/26/2016
Sell Signal on the 50/200day SMA together with Declining Volume amid the Counter- Rally juxtaposed against the pesky GAP @ just below 4600 that WILL be closed @ some point in time.
That said & there is the Gap left behind in this advance @ just above 4000.....so there's our Range: 4000 - 4600?

Thursday, February 11, 2016

CRUDE'S Outside- Up Day negated; WTI en- route to $20 now?

WTI Daily Chart @ Close 02/10/2016
Outside- Up Day NEGATED as Storage dwindles & Peak Oil morphs into Peak Storage?
Projections (Emphasis: Projections) can allow for Crude to FALL to $20 handles.
That happens & Risk Assets will most likely be 'along' for the 'ride'.....Lower.

Thursday, February 4, 2016

If it's ALL about Crude; then an Outside- Up Day is worth noting?

WTI Daily Chart @ Close 02/03/2016
Picture's worth a 1000 Words?
Outside- Up Day amid the frustration in Risk Markets & Management ....perhaps a Weekly Close ABOVE $35bbl coincident with a 'turn' in the US$.....and Risk comes back with a vengeance ....Short- Term at least?