Author: Scott Hoffman

SPH- Momentum is giving a buy signal. Will it work today or Monday? DXH- Bullish MACD crossover coming? ECH- Things are bleak in the Euro zone.EC is nearing the Jan. low of 12755. BPH- Diverging from the Euro, testing Fib...

ESH- Yesterday’s reversal was ominous, but momentum is giving a buy signal. NQH- 1200 is a pivot point today. USH- Momentum buy day, 12814.5 resistance JYH- Buy day, 11258 resistance ECH- 12755 was last swing low. BPH-...

SPH- Momentum sell short day. 853 supportNQH- Momentum sell short day, 1210 supportUSH- 12814.5 support, momentum is still bearish.JYH-Momentum buy day, 11031 is Fib supportBPH- 14366 was yesterday’s high, resistanceGCJ-...

I had a few people ask about today’s T Bond trade, so I thought I’d write up a post mortem to give some insight into my thought process. Below is a daily chart for the March Bonds.Today was a momentum sell short day....

SPH:Holding near the session highs. 865.75 was a high from last week. Watch for the FOMC announcement at 1 PM.NQH:Really took off this morning. 1228 is next resistance. Bullish MACD crossover coming.ZBH: It’s a momentum...

SPH- 870 is Fib retracement objective/resistanceNQH- Cleared 1209.50 Fib resistance. This is what I was looking for when I bought yesterday.USH- Momentum sell short day. 12928 support.ECH- 13319 was yesterday’s high,...

Stocks-Heading towards today’s/yesterday’s highs.New highs could see some followthrough rally.CDH- Is there a buy setup coming here? Fundamentally, the Loonie should benefit if commodity prices firm.MACD could be...

TYH- 12309 double bottomDXH- 8431 is 40 day MA support, MACD has turned down, tested trendline support this AM.CDH- 8177 is 50% retracement resistance, 8100 is supportGCJ-Quiet session so far, 892 support. Looking to...

SPH:Doji Friday, breaking trendline resistance. 840.88 is Fib resistanceJYH: Doji Friday, trendline support at 11178ECH: Bottoming? Breaking trendline resistance; MACD ready for a bullish crossoverGCJ: Look to buy, 892...

If copper is still considered a “tell” for the economy, worries are growing.Note that the 146 area has been a “pivot”, that is, is has served a both support and resistance for the past...