Last post: May 7th 2019. See chart . Review: Price was showing short-term weakness and was at the daily 50 simple moving average . Update: Since then price has shown further weakness and is approaching a strong monthly support level. Conclusion: We need to see how price reacts to this support level. A break through support and we may see further weakness. A...
Last post: April 24th 2019. See chart . Review: Price was trading comfortably above the daily 200 simple moving average and looked bullish. Update: Since then price has shown weakness and currently sits on the 50 simple moving average. Conclusion: We want to see if the support area holds and pushes price back up. Any comments or questions, do not hesitate...
Last post: March 20th 2018. See chart . Review: Price was in a larger degree period of consolidation. Update: Price remains in consolidation. Conclusion: We may see price come down to the 200 simple moving average where it may find support. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!...
Last post: April 27th 2018. See chart . Review: Price was finally trading above the previous all-time high. Update: Price has remained above this level and currently looking strong. Conclusion: Price is currently above the previous high so we should see further moves to the upside. Any comments or questions, do not hesitate to leave them below. Give us the...
Last post: April 24th 2019. See chart . Review: Price was stuck in the consolidation zone. Update: Price broke out of the consolidation zone but found resistance at the 50 simple moving average. Conclusion: We need a breakout of consolidation before considering a trade in this commodity. Any comments or questions, do not hesitate to leave them below. Give...
Last post: April 22nd 2019. See chart . Review: Price was getting ready to break support. Update: Price did break the support level but is now retesting it as resistance. Conclusion: If the resistance level holds then we may see further weakness in this forex pair. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if...
Last post: March 27th 2019. See chart . Review: Price was holding at a strong level of support. Update: Price has managed to bounce off that support level. Conclusion: As price is currently looking strong, we may see price break the previous high to create a new all-time high. Any comments or questions, do not hesitate to leave them below. Give us the...
Last post: March 27th 2019. See chart . Review: Price was at a strong level of support and we were waiting to see if that level would hold. Update: Price has since broken through that level of support and continues to look weak. Conclusion: If price breaks below the previous low then it may head towards the 200 simple moving average. Any comments or...
Last post: March 20th 2019. See chart . Review: Price was at a level of support. Update: Price has since bounced off that level of support and continued to move higher. Conclusion: The next major area of resistance is the previous all-time high. If price can break this level then we should see big bullish moves in US stocks. Any comments or questions, do...
Last post: March 18th 2019. See chart . Review: Price had just broken through the daily 200 simple moving average and we were waiting to see whether price would remain above it. Update: Price did move below the daily 200 simple moving average but has since moved back above it and is looking strong. Conclusion: We want price to continue to create higher highs...
Last post: May 17th. See chart . Review: Price was trying to make new all-time highs. Update: The market has reversed since then and has now broken below a major support area. Conclusion: We need to see if price will remain below the support area then we can look for shorting opportunities. Any comments or questions, do not hesitate to leave them below....
Last post: June 15th. See chart . Review: Price was pulling back after being in a nice uptrend. Update: Price is stuck inside the consolidation zone and currently at the support area. Conclusion: We need to see a breakout of this consolidation zone before looking at any trading opportunities. Any comments or questions, do not hesitate to leave them below....
Last post: September 6th. See chart . Review: Price had pulled back below the support level. Update: Price is now back above the support level and making new highs again and is up 395 points. Conclusion: We will be looking for long opportunities when we see another breakout. Any comments or questions, do not hesitate to leave them below. Give us the thumbs...
Last post: September 3rd. See chart . Review: Price was making new all-time highs after breaking out of resistance. Update: Price is continuing to make new highs and still looks strong for long opportunities. Conclusion: We will be looking for long opportunities when we see another breakout. Any comments or questions, do not hesitate to leave them below....