The German team correctly called last week’s strength. On this basis they are calling for a near term bit of consolidation before the medium term bull resumes. Key levels remain where they were on the prior week. Platinum has surged 10% from the start of 2013 and achieving 11 month highs. And for the first …
Category Archives: Technical trading
The Story Of Old Mr Partridge “Reminisences of Stock Operator”.
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 …
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Weekly Bullion Technical Comments – Short and Medium Term Bullish
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 …
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2013 Technical Forecast, Cycles, Correlations, Inter Market Analysis & Comment..
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. …
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Weekly Bullion Technical Comments – “Gold Above 1672/1661 Short & Medium Term Remains Bullish”
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 …
Weekly Technical Comments – “Momentum Work Toppish, Watch Gold, EMs Bullish”
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 …
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Weekly Bullion Technical Comments – “Gold & Silver Bullish Short and Medium Term”
The German team have worked themselves to a bullish technical view over the last few months. For them the price supports have proven themselves again and again. So long as supports continue to hold, they predict higher prices and an attempt at key resistances shortly. For my own book, I’m continuing to run my own …
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Weekly Technical Comments – “S&P500 Capped Near Term 1430 to 1440, Shanghai Based & Watch Silver”
Another great macro technical report from the Swiss team. There is a lot of detail in the report from regional index comment to sector comment to commodity comments. Its a full report which i find hard to disagree with. The cyclical story is unfolding. Fundamentally it remains unproven for the moment but technically there is …
Weekly Market Roundup – “Over Weight High Yield Equities, Under Weight Cash”
SC stick to the same themes they have held for the last year now. Namely over weight high yield equities and FI and under weight cash, money market funds. They like oil and gold for the geo political hedges they provide. I also include their fx round up and forward looking which is released today. …
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Weekly Technical Bullion Comments – ‘Gold Still Bullish Above 1672’
Here the German team stick to their medium term bullish call on the bullion so long as the November lows are not beaten. BullionWeeklyTechnicals04122012 Their short term view on gold has gone neutral but not on silver where they remain bullish on both timescales. I increased allocations to both metals though more so on silver …
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Weekly Technical Comments – Near Term Overbought But New Highs For Q1 2013.
The Swiss team remain bullish and pro risk. Near term they forecast these overbought conditions to be worked off a little before new highs are achieved. They remain true to their buy their cyclical forecasts though admit that these themes have disappointed thus far. They pick out the Shanghai and the gold miners are being …
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Weekly Technical Bullion Comments – “Another Test of 1800 Highly Likely”
The German team have turned decidedly bullish on the bullion. And are also forecasting a lower gold silver ratio ie relatively more bullish silver than gold. Both instruments are stretching their ratios to their industrial peers of copper and oil. This isn’t necessarily bearish but it is something to keep a watch on as an …
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