Short Term Traders Crude Oil, Diesel Predicted to Rise Slightly The US Energy Information Administration, part of the Department of Energy, said in its Short-Term Energy Outlook this week that although spot crude oil … In the short term, crude prices will continue to remain weak In the short term, we expect prices will be [...]
Continue reading...17. March 2010
Tuesday March 16th 2010 Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up I just wonder if this market can get any more pathetic? Yet again, a perfect repeat of yesterday – early strength that faded into the afternoon. Yesterday we had China putting come negative vibe on traders but today it was the [...]
Continue reading...15. March 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up The market was slapped down through the course of the day after China suggested that the global economy could double dip and that they’re still intent on fighting inflation. As has been discussed in depth over the last few weeks in the ASX Chart Research, [...]
Continue reading...12. March 2010
Short Term Traders New Leveraged Short-Term Treasury ETFs an Important Development For example, in a rising interest rate environment the yield curve may invert whereby short-term interest rates may exceed long-term rates. … BHP ditches annual pricing for short-term coal sales-UPDATE 3 “With coal now moving to quarterly price review, we’re expecting iron ore to [...]
Continue reading...8. March 2010
Monday March 8th 2010 Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up The upper boundary of the reversal zone we discussed on Friday night was almost tagged today. This is the area from which any reversal should technically take place, but as we said, confirmation back through 4717 is required to get anxious. [...]
Continue reading...7. March 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up We missed out on a few developing breakouts today today, namely CSL and CTX – both of which we’ve spoken of in recent reviews. They just didn’t quite fit the criteria. Another that is very close, and yet to break, is TPI. The market is [...]
Continue reading...3. March 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up As you can see above, the daily and weekly trends have now turned up, meaning that the ASX Systematic PowerSetups are in action again. If you do follow that portfolio be sure to download the new signals. This also means that the real time model [...]
Continue reading...2. March 2010
Weekly Trend: Flat Daily Trend: Flat Daily Momentum: ___ Up Its been over a month since I made a short term trade on the ASX. Its been a good time to sit on one’s hands and do nothing. The ASX has just not be conducive to short term trading for many months now, unlike the [...]
Continue reading...1. March 2010
Weekly Trend: Flat Daily Trend: Down Daily Momentum: ___ Up A good performance today on reasonable volume, especially since some weak economic data came out of China. Normally when we get a weak lead from China we tend to dip. In our full review of the ASX-200 (XJO) on Friday night we looked at the [...]
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19. March 2010
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