titus22045

titus22045 Updated 

Natural Gas behave erratically and its extremely chaotic. It likes to give you the assurance that you are in control while sneaking and stealing your money away. It shows a head and shoulder patter, an even double top pattern. All the technical markings are showing one thing, NG! is ready to reverse it's price action. But when it's clear, too clear should you...

titus22045

Every market has pulled back and already in bear market while Norway continues business as usual. US, Japan, China, Hongkong, Australia, Europe every index has fallen but not the Norway 25 index. While it's impressive, I don't think it can hold anymore. Norway at least should show a 20% pull back from current value. Also, the curve looks like a rounded top so drop...

titus22045

Wheat has been trending upwards with a channel/megaphone pattern so far. The prices were increasing rapidly and near the channel boundary, it exploded. When it could end up is very questionable but it's not hard to understand the recent price increase is purely based on fear. Ukraine and Russia contribute to a total of about 26% to the Wheat market, even if we...

titus22045

OJ is moving in a channel up movement and unstoppable in the past few weeks. It looks like it's moving to the resistance at the level 169, 170 level which is both historical horizontal resistance and channel upper boundary. Channel boundaries have worked reliably in the past to dictate the movement, and I am hoping it will be the case at 170. In the long run, I...

titus22045

I believe coffee still has some upside, it will probably reach $290 within a few weeks. Then the demand would start to wear off and soon it will be back to the $125 range. Coffee rarely traded above the current value, any value above $250 is short-lived. So if you are into probability, there is a very high chance coffee will start to reverse its direction. But as...

titus22045

PNI gives you all the indicators of an overvalued, overbought stock. It has had a crazy month so far but I don't think Pinnacle investment can keep up the trend anymore. 1. The volume is falling rapidly while the stock makes new highs. Not good. The last 5 days volumes are (498.2k, 414.1k, 385.9k, 332.5k, 229.1k). This is from the ASX website. 2. There is a gap...

titus22045

There is a very low volume around 70-75 range for crude oil. If there is a reason to increase the price, it will shoot past this range and go to 90 and beyond. If there is not a concern it will revert back to <60 prices where oil is mostly traded. Now might be a better time to use some options strategy such as Straddle or Strangle. In my opinion, it will fall...

titus22045

SPX and VIX are both traded by people/bots so VIX is no means a better tool to predict the future. But people that trade VIX might have a better understanding of the market than people who just trade SPX alone. The market recovered but how confident it is? Generally, when the market rises VIX falls sharply, I mean un-proportionally sharp. But when it doesn't, I...

titus22045

It's a risky trade to buy or sell corn at this stage. Corn is at no man's land so it could either go high or low. We have seen corn go past $500 commonly after 2007 which was a rare event before. I can't predict the future but I can see why corn will make new support in this region. $550 - risky $500 - good opportunity to buy $450 - great opportunity to buy $350...

titus22045

There is strong support holding platinum up. The momentum will continue soon. Platinum currently selling at a fair price to buy and hold in long term. I suspect it will hit the next two targets within a few months.