Chartology: Corn Technical Update
After an amazing run higher, Corn spot prices have begun to pullback/consolidate (see previous Corn Chartology).
But what happens over the next week will be...
Chartology: Gold (GLD) Technical Update
After flirting with a breakdown in late May, Gold Trust (GLD) consolidated above lower support before breaking to new short term highs. GLD recently broke...
Chartology: Silver (SLV) Technical Update
After forming a three month base, iShares Silver (SLV) broke out above resistance to new short term highs (see previous chartology on Silver). The...
Chartology: Exxon Mobil (XOM) Attempting to Break Out
For Exxon Mobil (XOM) stock, "V" stands for volatility and V-shaped moves. The volatility part is due in part to the previous two bouts...
Chartology: Corn Nearing Exhaustion?
After a dramatic 50% move higher due to drought conditions, Corn prices may be ready to take a breather. A close above 796 on...
Chartology: Silver (SLV) Basing on Long Term Trend Line?
Silver (SLV) has spent the better part of the past 3 months attempting to form a bottoming base. 27.50 and 28.00 appear to be...
Chartology: Halliburton (HAL) Nearing Short Term Targets
Halliburton (HAL) spent much of June and early July forming an inverse head and shoulders pattern (bullish). This pattern was triggered in mid-July with...
Chartology: Corn Prices Fueled by Persistent Drought
This isn't the way most farmers want corn prices to rise. The persistent drought has lifted December Corn (CZ12) by 50 percent and has...
Chartology: Silver Bounces Off Critical Support
Over the past year, Silver prices have tested critical support near 25 dollars three times. Question is, will it hold again? And is three...
Chartology: Gold Price Near Important Resistance
Gold prices have been giving metal heads heartburn in 2012. But the recent 65 dollar surge near support has many hopeful. First and foremost,...
