Stocks: The major index for stocks of the S&P500 is still being supported by a daily and monthly support trend line. The daily chart is currently forming up with a bullish ‘ascending triangle’ pattern. I’ll be guided by trend line breaks here, either up or down, as to the next major directional move:

Aussie stock markets: XJO and XAO Aussie stocks have been making impressive gains recently. Two key Aussie stock indices, the XJO (ASX Top 200) and XAO (All Ordinaries Index: 500 largest cap stocks), are showing that Aussie stocks are trying to continue their recovery by pushing up over a key resistance level and into relatively […]

This post contains an update of some some of the stocks that I have been tracking. Some of these were posted mid-week in a Gold update and I will discuss these stocks first off: Gold & Silver Stocks Update: SLW: This was @ $25.28 when I posted mid -week and has held up from the […]

Last week:  There were several new TS signals last week: A/U= 70, A/J= 80, GBP/AUD= -100, EUR/AUD= 130, A/J= -70 and U/J= -40. The Cable signal from the end of last week is still going and is up at 350 pips. GBP/AUD signal: this trade was a loser during the week BUT I had warned against this […]

Gold: Gold peaked back in September 2011 at around $1,920. It has basically been in a decline since then and in quite a steady decline under a bear trend line since late 2012 (see monthly chart). This bear trend line was broken recently but not before price had pulled back to test the support of […]