Yesterday I shared that the spread between the Dollar and the Euro had reached a point where reversals often take place…A dollar rally/Euro decline usually takes place when the spread reaches these levels (see post here) CLICK ON CHART TO ENLARGE One day a trend does not make, yet the Euro did fall over 1% yesterday (FXE) and the [...]
On October 11, 2010, AG/grain ETF (DBA) was breaking above a two year trend channel in the chart below. (see post here) The suggestion at the time was to buy the breakout with stops. CLICK ON CHART TO ENLARGE Below is an update on DBA after the breakout…reflecting a 20% increase in DBA, post breakout. CLICK ON [...]
CLICK ON CHART TO ENLARGE Anyone notice what the “Patterns have been suggesting we should do” of late? Below is a small summary of suggestions from last week…. Widest Spread between the Nasdaq 100 and the VXN in almost 10 years, with the NDX at a potential “Double Top” (see post here). Game Plan…Don’t own the [...]
Pre-market this morning, I suggested for aggressive investors to look at picking up AGA, which is the 2x inverse grain ETF. (see post here) I have heard from many of you that you now own it… So far AGA is off to a decent start. Game Plan for AGA…Place a 7% trailing stop on this ETF! Game [...]
CLICK ON CHART TO ENLARGE It has taken a year for ACI to finally break line (1) at (2). Be a buyer of ACI with a stop at line (1). DBA has picked up about 10% since it broke resistance line (1) in the chart below. Another reason why we want to buy breakouts with [...]
Developed and maintained by Skylight Sites
Recent Comments