I’m in the process of working through the logistics of coding my TC algorithm but, for the time being, I have have had one component coded into an indicator for use at the bottom of my existing public charts. I am finding this visual system to be quite effective. I noted last night, 6 pm […]

Gold recovered on Friday following the Trump Inauguration due to US$ weakness but also possibly, as is being reported, due to some uncertainty surrounding Trump policies. The metal closed the week above the key $1,200 level which augers well for continuation but here is what I’ll be watching for in coming sessions.

I’m multi-tasking here today with a bit of beach, pool, charting and now also the tennis (Australian Open). Keep an eye on Silver, as well as Gold, as Silver looks to be consolidating ahead of its next move. The same drill applies: watch trend lines for any momentum-based breakout.

I’m home avoiding the heat today as temperatures are forecast to drift up to 40 degrees Celsius; that’s circa 104 in Fahrenheit terms. It’s the beach in the am and pm and charts and pool by the day. My latest scan of the Aussie XAO revealed a few new stocks which I’m keeping an eye on […]

Many stock indices are looking quite bullish at the moment and a few are in the process of breaking up through major resistance levels. This is how I am seeing them and, also, a couple of commodities and a few different stocks.