Cheniere Energy, Inc. (LNG) has rocketed off of its near-term, base-like pattern and is heading for a very important confrontation with resistance at 14.00-14.05, which represents the issue price at 14.05 of its recent secondary...
Read MoreMy BIG picture work on The Mosaic Company (MOS) argues that after the current bullish consolidation between 59.00-and 56.00 runs its course, the price structure should thrust into a new upleg towards 60.00 next, on the way to...
Read MoreAnd that could be the end of this report. What is there really left to say. The bulls and bears come to the ring each day prepared to fight, and on any given day, either side can score a victory, but when you look back at the...
Read MoreThe enclosed weekly, longer-term ratio chart represents the relative strength of SPDR Gold Shares (GLD) vs. iShares Silver Trust (SLV). When the ratio is climbing, it tells us that Gold prices are outperforming Silver prices in...
Read MoreAfter popping to 13.28 immediately after the opening bell, Cheniere Energy, Inc. (LNG) swooned to 12.90 in sympathy with weakness in the overall market. Let’s notice that today’s low at 12.90 preserved the larger...
Read MoreEurope hit the United States futures market overnight when deeper debt concerns became the talk of the world. Spain, Greece and Italy are having a very rough time of it these days with the concerns mounting over the weekend. All...
Read MoreOnce again, the SPDR Gold Shares (GLD) swooned to probe the lower support zone of the May-July basing area between 151.30 and 148.50. So far, however, buyers have emerged at the high side of the base area, which has enabled the...
Read MoreSometimes there’s an event that takes place to hit the markets in a negative fashion. Sometimes there are multiple things that occur that can bring a market lower. We saw it today in the form of earnings, the markets...
Read MoreYesterday’s standoff between multiple failed attempts to hurdle and sustain above 1375/76 in the Emini S&P 500 (e-SPU) juxtaposed against the intraday bear trap low at 1366.00, appears to have been won by the bears, at...
Read MoreWhat has been so frustrating about the SPDR Gold Shares (GLD) from my perspective is that my pattern work argues that the up-move from the May 30 multi-month corrective low at 148.53 to the June 5 high at 159.30 exhibits very...
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