As I reported back in late September, China mentioned the potential of having an oil future exchange in the Free Trade Zone in Shanghai. Now it is a confirmed ...
The chart of Nasdaq Composite below. If this is the anti-crash climax following power law distribution like what happened to Nikkei many years ago, not only the ...
Part of Art of Chart Reading
Summary Measured move is a name given to a highly structured price movement that consists of 2 swings in the same direction with a ...
Part of Art of Chart Reading
Summary Three Pushes is one of the more reliable chart patterns that work very well across almost all financial instruments. The pattern is easily ...
Crude Oil Outlook
Daily chart on crude.
I marked the first quarter STOPD Levels.
If there is a 3rd push back up, it will be back up to 107-107.5 where the 1st quarter low is.
It is not a long term bullish play.
Instead, this 3rd push up is a short term counter-trend swing play.
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