Based on Friday’s close of $131.66, the SPDR Gold Trust ETF (GLD) has rallied $18.58 or 16.5% from its recent swing low of July 28, 2010. Although, not clear yet, it looks like it’s starting to run out of steam and maybe getting...
Read MoreThe iShares Dow Jones US Home Construction Index Fund ETF (ITB) has been forming a Head & Shoulders Bottom for the past couple of months and looks close to breaking the neckline. There are some signs of strengthening....
Read MoreUnited States Oil Fund LP (USO) has setup with a Bearish Flag formation. The lower line of the Flag was broken on Friday, but USO closed right at the line. A move through Friday’s low of $32.34 would signal the likelihood of USO...
Read MoreThe following Exchange Traded Funds (ETFs) are showing the greatest strength based on price action, within the Country ETF category. As you can see, they reflect the stronger economies of South America and Southeast Asia. Chile...
Read MoreiShares MSCI South Korea Index Fund ETF (EWY), along with the markets, has topped out and broken through key support indicating a trend change. The behavior of price coming off the top has been classic as a bullish phase moves...
Read MoreMomentum in PowerShares DB Agriculture Fund ETF (DBA) has been accelerating to the downside over the past month and a half. On Friday, June 4, DBA made a clear break through $23.38 support of a small descending triangle...
Read MoreA number of the country ETFs have already broken down strong (EWP, EWG, EWI, EWJ, EWQ, EWS) or alternatively have held relatively stronger (EWC, EWM, ECH, EPU,) than their competitors. iShares MSCI Singapore Index Fund ETF (EWS)...
Read MoreOn April 26, 2010 the Dow-30 Index hit a high of 11,258.01 (1) and has since sold off sharply. What’s interesting about that date is that there were at least two analysts who foresaw the potential of the market running out of...
Read More“Professor Didier Sornette from the Department of Management, Technology and Economics (D-MTEC) at ETH Zurich is convinced that financial markets are not just random. Consequently, his Financial Crisis Observatory conducted a...
Read MoreiShares MSCI Malaysia Index Fund ETF (EWM) has formed a bullish rectangle formation indicating that if price breaks higher the previous trend is likely to continue. This is the first resting period after a previous 5-month...
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