azn_trader

azn_trader

Oil is at turning point. Breakout or break down

azn_trader

If the dollar trades above $97.86, That could be a great confirmation for boilingerband breakout for the dollar. The dollar will go higher soon. That could pressure Gold, Commodities, Emerging Market & oil for lower. Dollar looks very bullish to me !! just need confirmation !! Gold bulls might get slam !!

azn_trader

USOIL is due for oversold. Re-bounce is coming.

azn_trader

Growth is slowing in US. Yield curve has potential flat..Rate hike doesn't stop TLT goes higher !! Deflation is still here...

azn_trader

Here where i stand for gold. If gold can break out & trade above $1420, I would go long for gold. If it breaks down this major trend line and trade below $1151. I will go bearish for gold. I still think deflation still threaten gold and commodity indexes. Trade as the chart is telling you, not what you think it should go.

azn_trader

The small oversold bounce is coming but it will rollover again. The $47 & $49 trend lines are resistances. Watching to short on resistances again if it bounces.

azn_trader

We could see the IWM test the upside 1 more time than roll over this year. All hopes depend on Trump. If he is getting all things pass, IWM can have potential to go higher with small litmit range (just enough to convert all bears to bulls). But my bearish case for IWM that the real economy is broken underneath the surface. All major indexes are control by robots &...

azn_trader

I think we are still in deflation. The dollar is at important point. I'm looking for the dollar to re-bounce soon. For me to be bearish long term for dollar, the dollar needs to trade below $93. The bullish dollar case is over. It's normal for the dollar to correct 10% to 15%.

azn_trader

Oil can bounce from $47 to $49 major resistance then roll over possible $45 range or lower