Nikkei 225 Index Japan – Video Analysis With Technical Chart Price Targets

November 22, 2014

After doing a bullish chart analysis of DXJ the currency hedged Japan ETF I decided to add the Nikkei Index to my public chart list. Here’s a quick 2 minute video explaining the ABC move concept I talk about so often: An initial thrusting move, followed by a consolidation pattern and the resumption of the […]

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INFN Infinera – Fiber Optic Stock With Bullish Technical Price Targets

November 21, 2014

Just wanted to quickly highlight a very constructive weekly chart pattern displaying a high volume thrusting move resembling a high pole and the ensuing flag consolidation. A classic ABC move chart pattern in the making. A resumption of the trend would imply a 19$ target. A more conservative target around 16$ looks perfectly reasonable. The […]

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RIC Richmont Mines Chart Update With Price Target

November 20, 2014

This gold mining stock is clearly one of the best performers. RIC – Richmont Mines might very well be the Needle In the Golden Haystack. Yesterday, the miners were drowning in a sea of red. RIC was one of the very few that managed to close the day in the green. There is no need […]

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CENX Century Aluminum Setting Up For A Bull Run – Watch List Candidate

November 20, 2014

This stock is setting up nicely for a run higher. It is not ready for prime time yet, but this is a great watch list candidate. One to monitor while the ascending triangle continues to form. I drew the scenario I deem to be the most likely one into the chart. Here are the reasons […]

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RIC Richmont Mines – Needle In The Golden Haystack

November 17, 2014

The beaten down gold mining sector is showing its first signs of life. Odds are we’re witnessing the early stages of an intermediate term bounce. Maybe this is the start of something much more meaningful. Let’s not get carried away though. The downtrend is still firmly in place, so ultimately new lows cannot be ruled […]

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India Bull Market About To Resume – IFN PIN INDA INDL

November 10, 2014

India’s bull market is about to resume any day now. My assumption is based on the technical set-up for IFN – India ETF which looks very constructive. Here is what the chart is displaying: The uptrend started in 2014 with a thrusting move A consolidation pattern ensued A successful retest of the rising MA 30 Bullish ascending […]

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DXJ Wisdom Tree Japan Hedged ETF – Ascending Triangle Upside Breakout

November 6, 2014

The Nikkei is breaking out to the upside. The obvious problem with investments in Japan is its rapidly depreciating currency. There is no other way to put it: the Yen is getting crushed. So instead of buying ETFs like EWJ or JPNL the better alternative is reducing risk by going long currency hedged ETFs like […]

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US Dollar $USD $UUP Bullish Uptrend Putting Pressure On Commodities And Precious Metals

October 25, 2014

Your average gold bug has been calling for the US Dollar’s demise for as long as I can think of. Price is telling a different story. We are witnessing a strong new uptrend. As usual you do have a choice here. You can do one of the following: Believe their narrative. Base your trading decisions […]

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SLV Silver ETF With Falling Tops – Downtrend Chart Analysis With Bearish Price Targets

October 23, 2014

Many are still hoping for a trend reversal in silver. Rest assured, it will come one day. Technically speaking though it is most likely not going to happen anytime soon. The reason is simple. We continue to witness falling tops. The most important characteristic of a downtrend, the most recent red bar I drew into […]

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How Stop Buy Orders Can Protect You – Educational Chart Review – KGC Kinross Gold

October 17, 2014

This is meant to be a ‘post trade’ analysis. The real educational value here is the fact the ‘trade’ was not taken as the suggested method to enter the trade was a stop buy order. The stop buy order simply never triggered. The advantage of using such a method is pretty obvious. It protects you […]

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