What To Make Of Commodities Reversals
Tuesday, many commodity ETFs gapped lower while the major indices gapped up.
Additionally, the Russell 2000 (IWM) finally cleared its pivotal price level at $209.
However,...
Crude Oil Price Peak? Elliott Wave Points To Correction
What can you do when the market goes hard against the trade you just entered? Here we revisit our February post about crude oil futures (symbol...
Is Copper Repeating Historic Double Top Price Pattern?
Copper is among several commodities with elevated prices right now.
It has also formed an important price pattern that may send one of the strongest...
Crude Oil Likely To Hit $127 After A Brief Pause
After a steep pullback, crude oil prices have reversed higher. I highlighted this bullish reversal in a research note here on See It Market...
Global Corporate Earnings Reporting: Differences By Country
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.
There are many different ways in which the reporting...
US Dollar Rally Reaches Pivotal Long-Term Resistance!
Six years ago, the Economist magazine illustrated the mighty US Dollar. And that marked a peak that has since been tested but not broken out...
Best Potential Trade Setup Looking Ahead: FXE Euro Trust
As Forrest typically writes the Daily commentary, and quite well I might add, today please consider me a guest host to my own blog.
As...
Crude Oil and Energy Stocks, ETF (XOP) Heading Higher
We are not expecting crude oil or energy stocks to rally in a straight line up, but we are off to a good start.
The charts...
Big Oil and The Fallacy of a Windfall Profits Tax
Higher energy prices worrying you? Be afraid because Congress is coming to the rescue. Legislators are introducing a new bill called the “Big Oil...
Elliott Wave Says GOLD and Silver Have Room For Deeper Correction
The US Dollar is trading at elevated levels, even accelerating as Gold and Crude Oil trade lower (which is positive for the USD).
A stronger...
