Recent capturetrends's Commentaries
Indian Markets: Nifty displays fatigue at...
A person walking uphill has a lot of energy at the start of the journey. Higher up on the hill fatigue sets in and the person is prone to trip on any small obstacle. Given the fatigue one can fall pretty hard. On recovery it takes longer to move up given the injury from the fall adding to the fat...
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Tags: indian-stock-markets
Dollar rally still intact
May 16, 2010: The dollar written off by leading economists and experts late last year has rallied and still has some upside left. Technical analysis indicates that the dollar has the potential to rise another 4.5%. Click here for chart The dollar rallied about 12% from the November 2009 lows base...
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Tags: forex | dollar-index
Dollar index breaks out of consolidation
March 30, 2010: The dollar index has finally broken out of consolidation and is moving up to the next resistance area. A rising dollar is bearish for stocks, precious metals and commodities. Capturetrends had predicted the rally in the dollar in November 2009 and also the current consolidation pe...
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Tags: forex | dollar
Indian markets hit resistance
March 23, 2010: The Indian stock market hit resistance calling for a re-look of your exposure to India Let us look at the chart of benchmark index of the Indian stock market--Sensex-- to identify market trends. First look at the two red lines in 17,500 area. This is an area of resistance from ...
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Tags: indian-markets | equities
Seeking the brighter metal
The boring old cliche goes, "beauty lies in the eyes of the beholder." Cliches may be boring but they hold true, at least for gold and silver. So if you are debating whether to play gold or silver, look into your heart and find your true intentions. Know if you plan to marry or just have an aff...
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Tags: commodities | gold | silver
Dollar bull alive and kicking
March 1, 2010: The bearish dollar "experts" have disappeared. Where are they now? They were extremely bearish in November 2009, when we were turning bullish. So may we say, "we told you so." It was very fashionable to beat up the Dollar and the US economy when the currency was down. Now the dolla...
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Tags: dollar | forex
S&P 500, NASDAQ break price, volume...
January 26, 2010: The S&P 500 and NASDAQ 100 have broken their long term price and volume trends that began back in March 2009. Dow broke its price trend but not the volume trend. We will look at the exchange traded funds (ETFs) of three indicies which are SPY (for S&P 500), QQQQ (for NASDAQ 100)...
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Tags: equities | s-p-500 | nasdaq | dow | spy | qqqq | dia
Caution warranted for spot dollar bears
November 14, 2009: The dollar index broke its down trend line on the weekly chart and the commodity channel index (CCI) shows positive divergence, putting bears on notice. For three weeks the cash dollar has closed above the downtrend line shown on the chart. This may be early signs that the doll...
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Tags: dollar | forex
Dollar futures at strong support
November 15, 2009: Three factors are stacking the odds in the favor of bulls on the dollar futures contract. Prices are near support, the down trend line is broken and the commodity channel index shows positive divergence. A look at the charts will show that the dollar futures contact has broken ...
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Tags: dollar | forex | futures
S&P, NASDAQ, Russell break trend, Dow holds
November 2, 2009: The S&P 500, Russell 2000 and NASDAQ 100 broke their up trend lines, but the Dow still continues to respect its trend. Are we due for a deep correction? Let us look at the SPY, QQQQ, IWM and DIA the exchange traded funds (ETFs) that track the four major indexes. The reason we us...
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Dollar's trend line still intact
November 1, 2009: The downtrend line of the dollar is still intact despite the current bounce and the index has not reached a key support area. A look at the chart shows that the the down trend line of the dollar is still in place and it's still to early to predict if the sell off in the greenbac...
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Tags: forex | dollar
Markets at key resistance areas
October 15, 2009: The four major equity indexes -- Dow, S&P 500, NASDAQ 100 and Russell 2000-- are at resistance areas increasing the chances of a correction. For the markets to move higher they have to break out of the resistance levels. Let us look at the exchange traded funds (ETFs) that track...
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Tags: equities | etfs
Dollar index bounce weak
The dollar index is catching a bounce off support but not rallying like it did the last time prices hit the 76 area. A look at the chart below will show that bounce of the dollar is not as strong as it was the last time, calling to question the possibility of a strong rally from the 76 area. Here...
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Tags: forex | dollar
Broadening wedge on S&P futures
The S&P 500 e-mini futures contract has formed a broadening wedge on the daily chart--a difficult pattern to trade. After a run up in prices this can be bearish formation with prices breaking down. Traders however find it difficult to trade this pattern as prices often break out of resistance a...
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Tags: futures | e-minis | technical-analysis
S&P 500 nears a strong resistance area
September 14, 2009: The S&P 500 has neared resistance on a moving average that has held true for over 20 years. We could see a reversal at resistance or the index has to break out of the moving average to go higher. We use a simple moving average set a key Fibonacci number of 78.6 on a weekly ch...
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Tags: s-p-500 | equities | technical-analysis | moving-average
