Author: Polly Dampier, Naturus.com

ES bounced up to the neckline of the inverted H&S pattern and closed under it. Today in the early morning we may see ES make a small pullback above 1318.50 area and then go back up in the afternoon.  As long as...

The S&P 500 cash index (SPX) closed at 1337.38, net gain 17.7 points for the short week. The DOW above 12500 level for the first time in nearly three years. The Easter seasonality may continue driving the price higher this...

The long bond TLT moved back into its uptrend channel again last week. The price action was bullish on Friday, and this push could be the second movement higher from the April 11 low. This week 91.50 needs to hold TLT up. A...

EURO/dollar has been in a strong uptrend since January. The price is near or at the wave 3 top area. Last week’s high 1.45 shouldn’t be exceeded this week if we are going to see a pullback move. US$ has been in an...

Oil made new highs around 113.45 on Monday, but quickly fell back into the uptrend channel. The 105 level held up on option expiration last week. It will become an important support level for this week. A break under 105 will...

Gold ETF (GLD) made a continuation high move after the price broke the 140 resistance line. The uptrend move from 135.23 low could carry up to 148.06-153.01 range to complete the full movement. There is continuing inflation...

ES bounced from its major psychological support level on Friday after it made 5 declining days. So far on the daily chart, we still assume that the inverted H&S pattern is intact and expect the ES could move back up to...

The S&P 500 cash index (SPX) started the week higher on Monday morning around 1333 area, but sold off steadily into Thursday morning to the support level around 1300, then skyrocketed back up to close near the high of the...

EURO dollar made a high around 1.4227 last week, a little short of the yearly high at 1.4229. The price mainly went sideways to form a new range base to set up for new highs. This week a break above 1.4229 will be bullish. EURO$...

The long term bond (TLT) had a pullback move after it hit 94.95 level. In the past 4 days, it started to form a support base around 91.50 area. If this area can be held up this week, it is likely for TLT to move back up to...