Saturday, January 28, 2012

Markets forecast for week January 30th 2012 ( $SPY $ES_F $NQ_F $EURUSD $6E_F) :

▲ We were bullish last week and we were right. Indices and $EURUSD are still in their bullish channel. As we remain inside, let's keep the bullish view, even if $EURUSD looks like a bearish wedge. I will start to lighten some EURO only if above 1.35.
The only little bad news comes from $GMXR, lower and lower, still big debt.
NICOX (France) made 30% on 10% volume. That looks like a bullish signal, but don't risk your money on it.
NAT GAS was amazing last week. Too bad that Future contract is too expensive and that we can only play $UNG short.
$URA Uranium is much better too.





Saturday, January 21, 2012

Markets forecast for week January 23rd 2012 ( $SPY $ES_F $NQ_F $EURUSD $6E_F) :

▲ Looking at last week volume, above average (100% line) it looks like the markets are really bullish. Being at the top of a channel could send indices lower for a little pullback. But we stay bullish on indices.

▼ $EURUSD should also see a little pullback, volumes falling on a rising triangle. But long term remains bullish.

$GMXR still weak, $SOL better, $DANG good start.





Saturday, January 14, 2012

Markets forecast for week January 16th 2012 ( $SPY $ES_F $NQ_F $EURUSD $6E_F) :

▼Nothing changed on indices from last week. I keep the same scenario, down then long term bullish above the green line below.
Concerning EURUSD I still believe in the 1.25 support and will add there.
$DANG and $SOL had a nice week, but road back home is still long. $GMXR weak.
Nothing new on Forex or Futures robots. It is hard to come back to work ... ;-)




Saturday, January 7, 2012

Markets forecast for week January 9th 2012 ( $SPY $ES_F $NQ_F $EURUSD $6E_F) :

▼Markets are still acting strangely, even if we saw more volume coming.
I am overall bullish for indices, following the green line/support on the chart below. Perfect scenario would be pullback, then UP.
EURUSD is weaker than expected. 1.25 looks like a big monthly support. I will add long there.