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Copper … interesting
Posted on June 20, 2021 2 Comments
it’s all about the data folks … in this case we have a monthly continuous contract of Copper Futures. the PATTERN into the low back in 1990-2000 (yes it took 10 years to complete .. read that again – 10 years) is hard to understand w/out anymore data to the left of it’s beginning so […]
“I think this is a song of hope …” Robert Plant Live Stairway to Heaven
Posted on August 20, 2015 1 Comment
The S&P 500 has been climbing a stairway to Heaven .. folks coming into 2015 we had some pretty strong patterns appearing. some worked and some didn’t – isn’t that what we expect? that being said, it was prudent to be cautious due to their presence. here’s what I posted around a year ago: “Let’s […]
EURO vs USD cross roads
Posted on October 23, 2014 Leave a Comment
I TRADE the spot currency market … as a CTA I deploy capital in the spot FX market. I am hawking the EURO and, quite frankly, it’s at a crossroads. Why? 1) the BEARISH sentiment is at a MAJOR extreme … we have to take that into account. 2) I feel “pretty” confident on the count […]
Inflection point for bearish or bullish EEM / FXI now
Posted on August 30, 2014 Leave a Comment
August 30, 2014: the CLIFF NOTES is we are at a crucial point for the EEM, FXI and Copper. Patterns suggest a bearish stance is prudent. The bottom line is the neckline shown in FXI and EEM did not break and a very strong rally has taken place. That being said, BASED ON THE VERY […]
quick look at China
Posted on April 27, 2014 Leave a Comment
in what appears to be the largest IPO ever ALIBABA should be coming to the street …pushing the limits of 20 BB it’s something to be watched. Not for the John Q Public but for the banks Credit Suise, Goldman, Morgan Stanley, etc. are going to make 100’s of millions on this one. So, I […]
around the world …. the song remains the same
Posted on March 22, 2014 Leave a Comment
cliff notes: not one new high across the world. Malaysia has given it a good try, but has not “on close” exceeded it’s 2007 high. the song remains the same … http://www.youtube.com/watch?v=CcYZlRWWxO0
Swing Low, Sweet Chariot ….
Posted on March 16, 2014 Leave a Comment
As we have discussed multiple times in this venue, the move since 2009 has been one heck of a ride. This chariot of stock market emotion is, literally, off the charts. It is at an extreme that has surpassed 1929, 2000 and 2007. For the past 6 months it has defied the powerful cycles and […]
Update on Copper, Emerging Markets and China
Posted on March 13, 2014 Leave a Comment
CLIFF NOTES: the move in copper should not be suprising // we are correcting a multi-decade 5 waves up complete. This has shown to put pressure on emerging markets and china. All according to the script. if you would like to search for “copper” on this blog you will see that we have had a […]
FXI … wonderful set-up coming. be patient ..
Posted on January 5, 2014 Leave a Comment
we have taken a look at the FXI and it’s set of “lower highs” since 2011. we have also taken a look at it’s relationship to Copper and how they have ebbed and flowed w/ synergy. what we haven’t done is step back and analyze the BULLISH case for the FXI. YES, I am posting […]
Copper and China
Posted on December 20, 2013 Leave a Comment
the count (long term) for copper appears to have completed a very well defined 5 wave move … if this is correct, then perhaps we have a little larger rally to kiss the neckline and then down into much lower prices. why is this important to China? well, from a chart view they are aligned […]