Currency Update: US Dollar Head and Shoulders Chart Pattern
By Andrew Nyquist
In December, I wrote about the possible US Dollar head and shoulders chart pattern in "flipping the switch." In that piece, I included...
Extreme Market Readings Point to February Caution
By Sheldon McIntyre
As of Friday's closing price, the S&P 500 was 24% above it's 200 week moving average. This caught my attention, as it comes...
Emerging Markets, Copper Breakouts In the Cards?
By Sheldon McIntyre
In the weekly charts shown below, Copper prices appear to be breaking out to the upside. Supporting this thesis is Copper's strong correlation...
Gold Complex Nearing Critical Technical Support
Gold prices experienced a brief respite in January, retracing roughly 38.2 percent of its 3 month losses. But in doing so, two things are...
Market Update: Expect Near-Term Turbulence
By Andrew Nyquist
It's January and the "off-to-the-races" theme is in full effect again. Similar to last year, the S&P 500 has exploded higher and left...
Soybean Futures Chart Analysis – March
By Andrew Nyquist
After a dizzying run higher from December 2011 to September 2012, Soybean futures retraced roughly 50 percent of those gains to 13.50....
March Corn Flag Pattern Looks Bullish
By Andrew Nyquist
After peaking last summer, Corn prices began winding their way lower in what now looks like a large flag pattern. The retracement thus...
VMW Technical Support and Trade Setup
By Andrew Nyquist
On Friday, I initiated a one third sized trading position in VMware Inc (VMW). To be clear, this is a short-term trade  (entry 1...
Market Update: Technical Levels to Watch
By Andrew Nyquist
I was hoping to do a more elaborate market update, but time got away from me. So I'll have to be short and...
Silver Technical Support and Resistance Update
By Andrew Nyquist
A while back I wrote a piece on iShares Silver (SLV) pointing out the likelihood of a rollover and subsequent retest of it's...