kalosagathos

kalosagathos

As expected, GC didn't break through 1220 and went down to 1200 range and fell into the blue box support range. It's likely to to test 1188 directly or went up from 1200-1210 and test down to the next support again.

kalosagathos

SPX completely went up on bullish trend after long period of correction. As we can see SPX break through the solid line directly and approaching the 2300

kalosagathos Updated 

After retest lower point of 9.4, AMD picked up its momentum and went up above its 5MA. See continuation of the trend.

kalosagathos

As we could see if retest the green box support area 111-111.3, USDJPY very likely to reverse to its previous high 115.7 and 116.8. Find support at 112.5 level and potentially it could bounce back right after hit that support to test previous high resistance. REMAIN BULLISH ON USDJPY!! Wait to take long position at the support.

kalosagathos

The S&P 500 broke into new highs from a 10-day consolidation and the small-cap indexes bounced sharply off their 50-day moving averages. That’s enough evidence to shift the market action to Uptrend. SPX is approaching the upper line and move further away from the support, above 5MA and 20MA. Held call option SPY@225.5

kalosagathos

Already build a short position at 1218. Gold fails to break out strong resistance and potentially go down to retest 1200.

kalosagathos

We could see that USD has been weak due to the Trump's speech regarding "strong dollar". And EUR/USD have already reached 1.074. There's not much fundamental support on weak dollar, and temporary gold price rising might contribute to weak dollar as well. Overall, I am waiting for the opportunity to short EUR/USD. Potential target 1.06 and 1.051

kalosagathos

Watch closely to see if NG could break 3.3-3.32 range. If it could, then it's likely to see the reversal trend of NG

kalosagathos

After long period of correction, SPX start to see an triangle converging soon. It's likely it will do down if it continue to break below 2260

kalosagathos

NG see strong support around 3.1 and resistance just above 3.8. Watch close if the price could break through 3.351 and 3.5 or downtrend below 3.1.

kalosagathos

We noticed that the box area is quite similar to the recent patterns happened. The bar pattern is mimicking historical trend and we could see the potential peak would hit the resistance of 42.72 and then down to 41 area. Couldn't see much upside on the YHOO trade. Strategic option trading could be a try

kalosagathos

GC might retest 1220 tomorrow, if not break through, it possibly will go down to 1200 and test support.

kalosagathos

Let watch whether GC will retest 1220 again to break through or down to 1200 to test support.

kalosagathos

As we can see in the chart, SPX might suffer a sell-off upon Trump's inauguration and then rally to a new high level, just mimic the pattern from Sep to Dec

kalosagathos

Amazon is current below buying range and might aim 842, high price that was reached after last earning report

kalosagathos

Look at the mimic pattern on Dec and Jan, the interval would be one month and we can see from the price surge range, the upside percentage is surprisingly similar. Could be another break-out signal?

kalosagathos

CL under correction between 51.5 and 53.7

kalosagathos

BAC will announced earning report this morning and I think it's a great buying point, considering interest rate hiking effect would continue to contribute to bank's income.