Jamie’s Pick: 07/18/11Monday, July 18, 2011 @ 10:01AMThe larger trend may have reversed from up to down (or just up to sideways) but multiple wave possibilities leave me with little confidence in the larger trend. For this reason, continue to focus on short term levels. Support comes in at 14000 and 13960 and resistance at 14100 and 14200. Near term, the decline from 14280 may be a B wave (or 2nd wave) that results in a low early this week. The ...
Major Equity Inflection Point, AgainThursday, July 14, 2011 @ 8:49AMThe following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- The last S&P 500 (1335) 4-hour chart signal was generated and sent to clients on July 11, with a break below 1312 that targeted 1295, which has completed its cycle. It has been noted that ...
Solid Gains Off Silver Trade SignalsWednesday, July 13, 2011 @ 1:49PMThe following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- Here is our global market outlook. The Spot Silver (XAG) and iShares Silver Trust ETF signals sent Tuesday to get long the bullion and ETF markets have hit their three targeted areas and ...
Trend Line Support and Resistance: Trading Support and Resistance in ForexMonday, July 11, 2011 @ 10:18AMThis is the second piece of the How to trade Support and Resistance. In the first article , we established the benefits of support and resistance and how it can provide clues to us about the market supply and market demand of the currency pair.
Gold, Silver, Crude Oil: Technical ReviewMonday, July 11, 2011 @ 9:04AMThe following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- Following are technical reviews of charts of gold bullion, silver bullion and West Texas Intermediate crude oil. Gold Bullion Four-Hour Chart Gold bullion is trading above the swing point ...