Here below the bullion weekly technicals from the German team. They remain trapped in the range and therefore they are hedging their bets and staying neutral. We have this on going price consolidation and pick up in day to day volatility for equity indexes that is normally associated with the build up of pressure needed …
Continue reading “Weekly Bullion Technical Comments – “Short Term Bearish Medium Term Neutral””
The Swiss team’s latest report here below continuing the recent theme of over bought, over bullish sentiment, topping of the periphery bond values at key resistances, etc, etc. Due the recent price action we are encountering some early price distribution with 1496 now becoming a near support for the S&P500. They also bullishly cover the …
Continue reading “Weekly Technical Comments – ‘S&P500 1496 Near Term Support’”
Another busy week of analysis, trades, comment and images.An interesting week on various fronts. Here below some of the highlights of the last week from the forum pages. Major themes this week were: International equities making 5 year highs. Euro strength vs her major developed world pairs. Inc GBP, USD, JPY. Increased volatility in the …
Continue reading “From The Forum Boards – “Weekly Highlight Content Blitz””
The Swiss team produce another excellent report. Everything from market internals to mathematical over bought indicators, divergence between momentum and price as well as sentiment indicators are suggesting a near term correction or extended range consolidation period for equity indexes. (I could add leverage levels and low volume ratios as well vix and a number …
Continue reading “Weekly Technical Comments – “Don’t Chase Risk””
Apologies for anyone who missed the report being published earlier this week. I did publish the report on the forum pages. And indeed I let a contract go on silver myself earlier in the week due to the struggle we are having on multiple correlated industrial instruments here. The supports should be noted in the …
The Swiss team’s latest report below. Conditions are becoming over bought across many sectors. The internals of 52wk highs not confirming the breakout. Sentiment close to contrarian levels. Things do appear to be setting up for some sort of correction but the price actions doesn’t indicate a top as yet, as they point out. Energy …
Continue reading “Weekly Technical Comments – “Air is Getting Thin””
We are stepping forward into a monetary inflationary environment. Historically these moments in history see periods of immense (and increasing) money velocity. Huge speculative nominal trends historically develop during these periods. For this reason I remind readers of one of the most insightful stories contained in Jess Livermore’s historic and very brilliant book “Reminisences …
Continue reading “The Story Of Old Mr Partridge “Reminisences of Stock Operator”.”
The German team stick to their guns that the short term moves lower at the end of 2012 have not ended the secular bull trend in the bullion. Therefore Gold 1625 and Silver 29.1 should mark the bottom of the recent weakness allowing the short and medium term uptrend to resume. Pattern wise we have …
Continue reading “Weekly Bullion Technical Comments – Short and Medium Term Bullish”
The Swiss team have done themselves proud once again. Words fail me. A superb analysis. Lets see if they can win the European technical team for 2013 as they did in 2012. To the report specifically. There is much to digest here. What I continue to admire about their approach is that it’s probability driven. …
Continue reading “2013 Technical Forecast, Cycles, Correlations, Inter Market Analysis & Comment..”
The German team have been chopped up in this difficult short term trading range but they are sticking to their short and medium term call ie bullish both Silver and Gold. Key levels gold to hold (and trade off for the bargain hunters) is 1672 down to 1661 at an extreme. BullionWeeklyTech-181212 I would agree …
Another great and final macro technical report for 2012 from the Swiss team. I’m in the process of my annual migration to the mountains so i’ll simply post up the report for now. Weekly18-12 I’ll comment more meaningfully tomorrow but quickly I believe the rotation is in full motion against a back drop of multi …
Continue reading “Weekly Technical Comments – “Momentum Work Toppish, Watch Gold, EMs Bullish””
Seymour Equity have produced an outstanding report here. The attached document cuts to the core of the macro and cyclical issues facing the various asset classes. Its makes extensive use of the Kondratieff long wave theories and explains these for us. This is useful for those new to these theories. (Its worthy of note that Dr …
Continue reading “Seymour’s Equity Research – “Inflationary Deflation” Report”