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Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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Australian Weekly Outlook

on Sun Apr 12, 2015 10:24 pm

S&P-ASX 200: further advance.

Pivot: 5734

Our preference: Long positions above 5734 with targets @ 6000 & 6125 in extension.

Alternative scenario: Below 5734 look for further downside with 5554 & 5370 as targets.

Comment: The index rebounded on Friday and is likely to challenge its nearest resistance at 6000 in coming days. The index is supported by its rising 20-day and 50-day moving averages. Furthermore, the RSI indicator is supported by a rising trend line and lacks downward momentum. A support base at 5734 has formed and should limit the downside potential. Therefore, as long as 5734 is not broken, look for further upside to 6000, if break out, the index is likely to challenge the next resistance at 6125.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

In order to leverage this directional view we have selected the following product
ASX CodeTypeStrikeStop Loss
Trigger Level
Index MultiplierCurrent
Index Level
GearingApprox
Value
% from
Stop Loss
XJOQOAMINI Long5655.6458190.015968.36695.41%$2.721.84%



AUD/USD ST: under pressure.

Pivot: 0.803

Our preference: Short positions below 0.803 with targets @ 0.755 & 0.727 in extension.

Alternative scenario: Above 0.803 look for further upside with 0.83 & 0.855 as targets.

Comment: As long as 0.803 is resistance, likely decline to 0.755.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
In order to leverage this directional view we have selected the following product
ASX CodeUnderlying
Currency
TypeStrikeStop Loss
Trigger Level
MultiplierCurrent
FX Rate
GearingApprox
Value
% from
Stop Loss
FXUQOUUSDMINI Short0.840.831000.768891.44%$9.376.81%


Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
View user profile

Pre European Open, Daily Technical Analysis Monday, April 13, 2015

on Mon Apr 13, 2015 9:26 am
EUR/USD Intraday: the downside prevails.
X
  
 Pivot: 1.0685

Most Likely Scenario: Short positions below 1.0685 with targets @ 1.0575 & 1.052 in extension.

Alternative scenario: Above 1.0685 look for further upside with 1.073 & 1.0795 as targets.

Comment: The pair remains within a bearish channel.

  
 
 

 GBP/USD Intraday: under pressure.
X
  
 Pivot: 1.4675

Most Likely Scenario: Short positions below 1.4675 with targets @ 1.457 & 1.452 in extension.

Alternative scenario: Above 1.4675 look for further upside with 1.473 & 1.4795 as targets.

Comment: The pair remains on the downside.

  
 
 

 USD/JPY Intraday: rebound.
X 
  
 Pivot: 120

Most Likely Scenario: Long positions above 120 with targets @ 120.75 & 121.2 in extension.

Alternative scenario: Below 120 look for further downside with 119.65 & 119.4 as targets.

Comment: The RSI is well directed.

  
 
 

 AUD/USD Intraday: the downside prevails.
X 
  
 Pivot: 0.766

Most Likely Scenario: Short positions below 0.766 with targets @ 0.7565 & 0.754 in extension.

Alternative scenario: Above 0.766 look for further upside with 0.7695 & 0.772 as targets.

Comment: The RSI has broken down its 30 level.

  
 
 

 Gold spot Intraday: limited upside.
X
  
 Pivot: 1192.4

Most Likely Scenario: Long positions above 1192.4 with targets @ 1213.1 & 1215.8 in extension.

Alternative scenario: Below 1192.4 look for further downside with 1185 & 1180 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  
 
 

 Crude Oil (WTI) (K5) Intraday: key resistance at 52.3.
X
  
 Pivot: 52.3

Most Likely Scenario: Short positions below 52.3 with targets @ 49.8 & 48.2 in extension.

Alternative scenario: Above 52.3 look for further upside with 54.1 & 55.7 as targets.

Comment: As long as 52.3 is resistance, look for choppy price action with a bearish bias.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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ETF Trends of the Week

on Mon Apr 13, 2015 8:54 pm
First Trust ISE Global Wind Energy ETF (FAN): rebound expected.

Pivot 10.75
Our Preference Long positions above 10.75 with targets @ 11.8 & 12.15 in extension.
Alternative Scenario Below 10.75 look for further downside with 10.5 & 10 as targets.
CommentThe RSI is bullish and calls for further advance. Break above a declining trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

First Trust ISE Chindia ETF (FNI): further advance.

Pivot 28.35
Our Preference Long positions above 28.35 with targets @ 34.9 & 37.1 in extension.
Alternative Scenario Below 28.35 look for further downside with 26.8 & 25 as targets.
Comment The immediate trend remains up and the momentum is strong.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Disclaimer

 

  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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Daily Technical Analysis Tuesday, April 14, 2015

on Tue Apr 14, 2015 10:04 am
EUR/USD Intraday: key resistance at 1.0635.
X
  
 Pivot: 1.0635

Most Likely Scenario: Short positions below 1.0635 with targets @ 1.052 & 1.046 in extension.

Alternative scenario: Above 1.0635 look for further upside with 1.0685 & 1.073 as targets.

Comment: As long as the resistance at 1.0635 is not surpassed, the risk of the break below 1.052 remains high.

  
 
 

 GBP/USD Intraday: the bias remains bullish.
X
  
 Pivot: 1.457

Most Likely Scenario: Long positions above 1.457 with targets @ 1.473 & 1.4795 in extension.

Alternative scenario: Below 1.457 look for further downside with 1.452 & 1.4485 as targets.

Comment: The RSI lacks downward momentum.

  
 
 

 USD/JPY Intraday: under pressure.
x
  
 Pivot: 120.4

Most Likely Scenario: Short positions below 120.4 with targets @ 119.65 & 119.4 in extension.

Alternative scenario: Above 120.4 look for further upside with 120.85 & 121.2 as targets.

Comment: The pair has broken below its support and remains under pressure.

  
 
 

 AUD/USD Intraday: under pressure.
X
  
 Pivot: 0.7625

Most Likely Scenario: Short positions below 0.7625 with targets @ 0.754 & 0.75 in extension.

Alternative scenario: Above 0.7625 look for further upside with 0.766 & 0.7695 as targets.

Comment: The pair has struck against its resistance and remains under pressure.

  
 
 

 Gold spot Intraday: bullish bias above 1192.4.
X
  
 Pivot: 1192.4

Most Likely Scenario: Long @ 1200.85 with targets @ 1209.5 & 1215.8 in extension.

Alternative scenario: Below 1192.4 look for further downside with 1185 & 1180 as targets.

Comment: A support base at 1192.4 has formed and has allowed for a temporary stabilisation.

  
 
 

 Crude Oil (WTI) (K5) Intraday: bullish bias above 51.45.
X
  
 Pivot: 51.45

Most Likely Scenario: Long positions above 51.45 with targets @ 53.1 & 54.2 in extension.

Alternative scenario: Below 51.45 look for further downside with 50 & 48.2 as targets.

Comment: A support base at 51.45 has formed and has allowed for a temporary stabilisation.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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iShares FTSE China 25 Index Fund (FXI)

on Tue Apr 14, 2015 4:32 pm
iShares FTSE China 25 Index Fund (FXI)
14:02 GMT - 10:02 NYT - 14 Apr 2015
Extreme overbought condition: profit taking (+16.48%)

We close our long position on iShares FTSE China 25 Index Fund (FXI) @ 50.61 as the weekly RSI is in extreme overbought territory. Performance: + 16.48%

Take profit @ $50.61







RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.


Disclaimer

  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).

Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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Pre European Open, Daily Technical Analysis Wednesday, April 15, 2015

on Wed Apr 15, 2015 9:43 am
EUR/USD Intraday: bullish bias above 1.059.
X
  
 Pivot: 1.059

Most Likely Scenario: Long positions above 1.059 with targets @ 1.073 & 1.0785 in extension.

Alternative scenario: Below 1.059 look for further downside with 1.052 & 1.046 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  
 
 

 GBP/USD Intraday: the bias remains bullish.
X
  
 Pivot: 1.469

Most Likely Scenario: Long positions above 1.469 with targets @ 1.48 & 1.4845 in extension.

Alternative scenario: Below 1.469 look for further downside with 1.4635 & 1.46 as targets.

Comment: The RSI lacks downward momentum.

  
 
 

 USD/JPY Intraday: key resistance at 119.75.
X
  
 Pivot: 119.75

Most Likely Scenario: Short positions below 119.75 with targets @ 119.2 & 118.9 in extension.

Alternative scenario: Above 119.75 look for further upside with 120.05 & 120.4 as targets.

Comment: The pair is rebounding and is challenging its resistance.

  
 
 

 AUD/USD Intraday: bullish bias above 0.7575.
X
  
 Pivot: 0.7575

Most Likely Scenario: Long positions above 0.7575 with targets @ 0.7635 & 0.766 in extension.

Alternative scenario: Below 0.7575 look for further downside with 0.754 & 0.75 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  
 
 

 Gold spot Intraday: under pressure.
X
  
 Pivot: 1201

Most Likely Scenario: Short positions below 1201 with targets @ 1183.5 & 1180 in extension.

Alternative scenario: Above 1201 look for further upside with 1209.5 & 1215.8 as targets.

Comment: As long as 1201 is resistance, likely decline to 1183.5.

  
 
 

 Crude Oil (WTI) (K5) Intraday: further upside.
X
  
 Pivot: 52.1

Most Likely Scenario: Long positions above 52.1 with targets @ 54.2 & 55.7 in extension.

Alternative scenario: Below 52.1 look for further downside with 51.45 & 50 as targets.

Comment: The RSI is mixed to bullish.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
  
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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Re: Forex Serbia D. T. A.

on Wed Apr 15, 2015 2:16 pm
EUR/USD Intraday: under pressure.
X
  
 Pivot: 1.0675

Most Likely Scenario: Short positions below 1.0675 with targets @ 1.052 & 1.046 in extension.

Alternative scenario: Above 1.0675 look for further upside with 1.073 & 1.0785 as targets.

Comment: The pair is under pressure and is breaking below its support.

  
 
 

 GBP/USD Intraday: the bias remains bullish.
X
  
 Pivot: 1.469

Most Likely Scenario: Long positions above 1.469 with targets @ 1.48 & 1.4845 in extension.

Alternative scenario: Below 1.469 look for further downside with 1.4635 & 1.46 as targets.

Comment: The pair is pulling back on its support.

  
 
 

 USD/JPY Intraday: key resistance at 119.75.
X
  
 Pivot: 119.75

Most Likely Scenario: Short positions below 119.75 with targets @ 119.2 & 118.9 in extension.

Alternative scenario: Above 119.75 look for further upside with 120.05 & 120.4 as targets.

Comment: The pair has struck against its resistance and remains under pressure.

  
 
 

 AUD/USD Intraday: under pressure.
X
  
 Pivot: 0.7635

Most Likely Scenario: Short positions below 0.7635 with targets @ 0.754 & 0.75 in extension.

Alternative scenario: Above 0.7635 look for further upside with 0.766 & 0.7695 as targets.

Comment: The RSI is mixed to bearish.

  
 
 

 Gold spot Intraday: capped by a negative trend line.
X
  
 Pivot: 1197

Most Likely Scenario: Short positions below 1197 with targets @ 1183.5 & 1178 in extension.

Alternative scenario: Above 1197 look for further upside with 1200 & 1202.75 as targets.

Comment: As long as 1197 is resistance, likely decline to 1183.5.

  
 
 

 Crude Oil (WTI) (K5) Intraday: supported by a rising trend line.
X
  
 Pivot: 53

Most Likely Scenario: Long positions above 53 with targets @ 56 & 57 in extension.

Alternative scenario: Below 53 look for further downside with 52.1 & 51.45 as targets.

Comment: The RSI is well directed.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
  
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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SPDR® S&P® Metals and Mining ETF (XME)

on Wed Apr 15, 2015 10:35 pm
13:35 GMT - 09:35 NYT - 15 Apr 2015
Rebound expected

# TECHNICAL VIEW #

(120 min chart)
*a triangle pattern is taking place, calling for an extended rebound

Regarding technical indicators:
*the 20 moving average (in red) is above the 50 moving average (in blue) and both are turning up
*the daily RSI is supported by a rising trend line

On a relative basis against the SPDR SPY SP500:
*the SPDR® S&P® Metals and Mining ETF (XME) is breaking above the upper end of a descending channel, calling for further recovery.

LAST: $27.15
ENTRY: 27.15 [possible entry area: 26.60 - 27.40]
STOP: 25.80 (-4.97%)
TARGET 1: 28.70 (5.71%)
TARGET 2: 30.00 (10.5%)

Ratio XME versus SPDR SPY SP500
Outperform
Glossary
RSI
(Relative Strength Index) a technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Triangle
is usually a continuation pattern but sometimes act as a reversal pattern. There are three types of triangles (symmetrical, ascending and descending).


Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
Global Moderator
Global Moderator
Broj poruka : 3644
Date of Entry : 2013-01-13
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iShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ)

on Wed Apr 15, 2015 10:38 pm
16:48 GMT - 12:48 NYT - 15 Apr 2015
Rebound

# TECHNICAL VIEW #

(Daily Chart)
*the double bottom pattern is completed and calls for further recovery
*a short term rising trend line has formed

Regarding technical indicators:
*the 20-day moving average (in red) is about to cross above the 50-day moving average forming a potential golden cross

On a relative basis against the iShares IVV SP500:
*the iShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ) has broken above a key resistance while the 20-day moving average (in red) is about to cross above the 50-day moving average forming a potential golden cross.

LAST: $53.08
ENTRY: 53.08 [possible entry area: 48.40 - 53.10]
STOP: 47.50 (-10.51%)
TARGET 1: 58.35 (9.93%)
TARGET 2: 61.10 (15.11%)

Ratio IEZ versus iShares IVV SP 500
Bounce
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.

Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Thu Apr 16, 2015 9:10 am
EUR/USD Intraday: the upside prevails.
X
  
 Pivot: 1.062

Most Likely Scenario: Long positions above 1.062 with targets @ 1.0785 & 1.083 in extension.

Alternative scenario: Below 1.062 look for further downside with 1.057 & 1.052 as targets.

Comment: The pair stands above its support.

  
 
 

 GBP/USD Intraday: the upside prevails.
X
  
 Pivot: 1.475

Most Likely Scenario: Long positions above 1.475 with targets @ 1.4885 & 1.493 in extension.

Alternative scenario: Below 1.475 look for further downside with 1.469 & 1.4635 as targets.

Comment: The pair remains on the upside.

  
 
 

 USD/JPY Intraday: under pressure.
X
  
 Pivot: 119.75

Most Likely Scenario: Short positions below 119.75 with targets @ 118.65 & 118.3 in extension.

Alternative scenario: Above 119.75 look for further upside with 120.05 & 120.4 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

  
 
 

 AUD/USD Intraday: the upside prevails.
X
  
 Pivot: 0.7665

Most Likely Scenario: Long positions above 0.7665 with targets @ 0.778 & 0.782 in extension.

Alternative scenario: Below 0.7665 look for further downside with 0.7615 & 0.7565 as targets.

Comment: The RSI is well directed.

  
 
 

 Gold spot Intraday: bullish bias above 1195.
X
  
 Pivot: 1195

Most Likely Scenario: Long positions above 1195 with targets @ 1212.5 & 1216 in extension.

Alternative scenario: Below 1195 look for further downside with 1189 & 1183.5 as targets.

Comment: The RSI is mixed.

  
 
 

 Crude Oil (WTI) (K5) Intraday: further upside.
X
  
 Pivot: 53.6

Most Likely Scenario: Long positions above 53.6 with targets @ 58 & 60 in extension.

Alternative scenario: Below 53.6 look for further downside with 51.45 & 50 as targets.

Comment: The RSI is supported by a rising trend line.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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United States 12 Month Oil Fund, LP (USL)

on Thu Apr 16, 2015 10:51 pm
Bottoming process

# TECHNICAL VIEW #

(Daily Chart)
*a strong support base has formed at 22.5
*a double bottom pattern is taking place, calling for a recovery

Regarding technical indicators:
*the 20-day (in red) and 50-day (in blue) moving averages are turning up and are possible areas of support
*The RSI has cleared a resistance level

LAST: $27.30
ENTRY: 27.30 [possible entry area: 25.30 - 27.50]
STOP: 24.30 (-10.99%)
TARGET 1: 30.20 (10.62%)
TARGET 2: 32.00 (17.22%)

: Buy @ 27.3


Glossary
Double bottom
Reversal pattern which occurs at the end of a downtrend. This figure is often characterized by lower volumes during the second extreme, showing the decreasing interest of investors and the expectation of a trend reversal.

RSI
(Relative Strength Index) a technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
avatar
Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
View user profile

Re: Forex Serbia D. T. A.

on Fri Apr 17, 2015 11:16 am
EUR/USD Intraday: the upside prevails.
x
Pivot: 1.068

Most Likely Scenario: Long positions above 1.068 with targets @ 1.083 & 1.089 in extension.

Alternative scenario: Below 1.068 look for further downside with 1.062 & 1.057 as targets.

Comment: The pair remains on the upside.


GBP/USD Intraday: the upside prevails.
x
Pivot: 1.488

Most Likely Scenario: Long positions above 1.488 with targets @ 1.497 & 1.502 in extension.

Alternative scenario: Below 1.488 look for further downside with 1.48 & 1.475 as targets.

Comment: The pair remains on the upside.


USD/JPY Intraday: under pressure.
x
Pivot: 119.5

Most Likely Scenario: Short positions below 119.5 with targets @ 118.65 & 118.3 in extension.

Alternative scenario: Above 119.5 look for further upside with 119.75 & 120.05 as targets.

Comment: The pair remains under pressure.


AUD/USD Intraday: the bias remains bullish.
x
Pivot: 0.773

Most Likely Scenario: Long positions above 0.773 with targets @ 0.782 & 0.785 in extension.

Alternative scenario: Below 0.773 look for further downside with 0.77 & 0.7665 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Gold spot Intraday: supported by a rising trend line.
x
Pivot: 1195

Most Likely Scenario: Long positions above 1195 with targets @ 1209 & 1212.5 in extension.

Alternative scenario: Below 1195 look for further downside with 1189 & 1183.5 as targets.

Comment: A support base at 1195 has formed and has allowed for a temporary stabilisation.


Crude Oil (WTI) (K5) Intraday: supported by a rising trend line.
x
Pivot: 53.6

Most Likely Scenario: Long positions above 53.6 with targets @ 58 & 60 in extension.

Alternative scenario: Below 53.6 look for further downside with 51.45 & 50 as targets.

Comment: The RSI is mixed.

Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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AlphaClone Alternative Alpha ETF (ALFA)

on Fri Apr 17, 2015 9:03 pm
12:20 GMT - 08:20 NYT - 17 Apr 2015
Caution

Update on our current long position on AlphaClone Alternative Alpha ETF (ALFA):

The daily MACD is posting a bearish divergence, calling for caution. Therefore, we secure gains by raising our stop loss to 45.55 (previous low + previous top) from 43.7.

Stop-loss raised to 45.55

Glossary
Bearish divergence
A potential reversal signal that comes after a strong bullish trend that has become overextended and is losing momentum. It occurs as the price continues to reach new highs, pushing the RSI into the overbought area (above 70) but each high is lower than the previous one.

MACD
this indicator (Moving Average Convergence / Divergence) reflects a difference between moving averages and refers to the ascendancy or not of the mid-term relative to the short term. The considered average lengths are respectively 26 days (0.075 exponential coefficient) and 12 days (exponential coefficient of 0.15).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Teucrium Corn Fund (CORN)

on Fri Apr 17, 2015 9:04 pm
12:33 GMT - 08:33 NYT - 17 Apr 2015
Down trend remains intact

Update on our current short selling position on Teucrium Corn Fund (CORN):

We lower our stop-loss to 24.85 (previous top) from 27.35 to secure gains.

Stop-loss lowered to 24.85

Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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iShares MSCI Italy Index Fund (EWI)

on Fri Apr 17, 2015 9:05 pm
12:47 GMT - 08:47 NYT - 17 Apr 2015
Risk of consolidation
Update on our current long position on iShares MSCI Italy Index Fund (EWI):

We raise our stop-loss to 14.5 (lower end of the bollinger bands + 61.8% Fibonacci retracement +appx 50-day moving average) from 13.55.

Stop-loss raised to 14.50

Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Fri Apr 17, 2015 9:06 pm
iShares S&P North American Technology-Software Index Fund (IGV)
13:38 GMT - 09:38 NYT - 17 Apr 2015
Trend line broken

We close our long position on iShares S&P North American Technology-Software Index Fund (IGV) @ 96.65 as a rsing trend line is broken and therefore further consolidation cannot be ruled out. Performance: + 2.62 %

Profit taking @ 96.65

Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods
Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Australian Weekly Outlook 20.04.2015

on Mon Apr 20, 2015 7:25 am
S&P-ASX 200: rebound expected.

Pivot: 5734

Our preference: Long positions above 5734 with targets @ 6000 & 6125 in extension.

Alternative scenario: Below 5734 look for further downside with 5554 & 5370 as targets.

Comment: The Index consolidated on Friday but still holds above its key support at 5734. Furthermore, the RSI indicator is still supported by a rising trend line. Even though a continuation of consolidation cannot be ruled out, its extent should be limited. As long as 5734 is not broken, look for further upside to test its key resistance at 6000. A break through of this key level would open an upward path to 6125.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




In order to leverage this directional view we have selected the following product
ASX CodeTypeStrikeStop Loss
Trigger Level
Index MultiplierCurrent
Index Level
GearingApprox
Value
% from
Stop Loss
XJOKOHMINI Long5595.3457520.01#N/A Requesting Data...94.18%$3.463.18%

More products on au.citifirst.com



AUD/USD ST: under pressure.

Pivot: 0.803

Our preference: Short positions below 0.803 with targets @ 0.752 & 0.727 in extension.

Alternative scenario: Above 0.803 look for further upside with 0.83 & 0.855 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced


In order to leverage this directional view we have selected the following product
ASX CodeUnderlying
Currency
TypeStrikeStop Loss
Trigger Level
MultiplierCurrent
FX Rate
GearingApprox
Value
% from
Stop Loss
FXUKOQUSDMINI Short0.810.81000.774695.19%$5.053.18%
Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Mon Apr 20, 2015 8:28 am
EUR/USD Intraday: the upside prevails.
X
  
 Pivot: 1.0735

Most Likely Scenario: Long positions above 1.0735 with targets @ 1.085 & 1.089 in extension.

Alternative scenario: Below 1.0735 look for further downside with 1.068 & 1.062 as targets.

Comment: The pair is pulling back on its support.

  
 
 

 GBP/USD Intraday: the upside prevails.
X
  
 Pivot: 1.488

Most Likely Scenario: Long positions above 1.488 with targets @ 1.505 & 1.51 in extension.

Alternative scenario: Below 1.488 look for further downside with 1.48 & 1.475 as targets.

Comment: The pair remains on the upside.

  
 
 

 USD/JPY Intraday: under pressure.
X
  
 Pivot: 119.3

Most Likely Scenario: Short positions below 119.3 with targets @ 118.55 & 118.3 in extension.

Alternative scenario: Above 119.3 look for further upside with 119.5 & 119.75 as targets.

Comment: The pair stands below its resistance.

  
 
 

 AUD/USD Intraday: key resistance at 0.7845.
X
  
 Pivot: 0.7845

Most Likely Scenario: Short positions below 0.7845 with targets @ 0.773 & 0.77 in extension.

Alternative scenario: Above 0.7845 look for further upside with 0.7885 & 0.791 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.7845.

  
 
 

 Gold spot Intraday: supported by a rising trend line.
X
  
 Pivot: 1200.7

Most Likely Scenario: Long positions above 1200.7 with targets @ 1209 & 1212.5 in extension.

Alternative scenario: Below 1200.7 look for further downside with 1197 & 1194.5 as targets.

Comment: The RSI is mixed.

  
 
 

 Crude Oil (WTI) (K5) Intraday: supported by a rising trend line.
X
  
 Pivot: 55

Most Likely Scenario: Long positions above 55 with targets @ 58 & 60 in extension.

Alternative scenario: Below 55 look for further downside with 53.6 & 51.45 as targets.

Comment: The RSI is mixed to bullish.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
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ETF Trends of the Week

on Mon Apr 20, 2015 6:30 pm
First Trust ISE Global Copper ETF (CU): rebound expected.
Pivot 15.47
Our Preference Long positions above 15.47 with targets @ 19.3 & 20.55 in extension.
Alternative Scenario Below 15.47 look for further downside with 14.8 & 12.5 as targets.
Comment The RSI is mixed with a bullish bias. Prices broke above a declining channel and above the upper end of a triangle pattern. The Fund is expected to rebound.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

First Trust ISE-Revere Natural Gas ETF (FCG): rebound expected.
Pivot 9.75
Our Preference Long positions above 9.75 with targets @ 13.75 & 15.8 in extension.
Alternative Scenario Below 9.75 look for further downside with 8.7 & 8 as targets.
Comment The RSI is mixed with a bullish bias. The fund broke above a declining channel and above the upper end of a triangle recently. The Fund is expected to rebound.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Disclaimer
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING CENTRAL current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
Services in the U.S. are offered through TRADING Central Americas, Inc. SEC Registered Investment Adviser (IARD/CRD 801-67210)
tradingcentral.com

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Global Moderator
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Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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iShares MSCI Thailand Investable Market Index Fund (THD)

on Tue Apr 21, 2015 8:07 am
16:39 GMT - 12:39 NYT - 20 Apr 2015
New up leg

# TECHNICAL VIEW #

(Daily Chart)
*an inverted head & shoulders pattern is completed and calls for an extension of the prevailing up move

Regarding technical indicators:
*the 20-day moving average (in red) is above the 50-day moving average (in blue), both are turning up and both are possible area of support

On a relative basis against the iShares IVV SP500:
*the *** has broken up a declining channel while the 20-day moving average (in red) is crossing above the 50-day moving average (in blue) forming a golden cross.

LAST: $83.60
ENTRY: 83.60 [possible entry area: 81.30 - 84.50]
STOP: 79.30 (-5.14%)
TARGET 1: 88.80 (6.22%)
TARGET 2: 92.55 (10.71%)

Ratio THD versus iShares IVV SP 500
Rebound
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Tue Apr 21, 2015 8:30 am
EUR/USD Intraday: under pressure.
X
  
 Pivot: 1.0785

Most Likely Scenario: Short positions below 1.0785 with targets @ 1.068 & 1.062 in extension.

Alternative scenario: Above 1.0785 look for further upside with 1.085 & 1.089 as targets.

Comment: The pair remains under pressure.

  
 
 

 GBP/USD Intraday: under pressure.
X
  
 Pivot: 1.4985

Most Likely Scenario: Short positions below 1.4985 with targets @ 1.48 & 1.475 in extension.

Alternative scenario: Above 1.4985 look for further upside with 1.505 & 1.51 as targets.

Comment: The RSI is bearish and calls for further downside.

  
 
 

 USD/JPY Intraday: the upside prevails.
X
  
 Pivot: 118.85

Most Likely Scenario: Long positions above 118.85 with targets @ 119.5 & 119.75 in extension.

Alternative scenario: Below 118.85 look for further downside with 118.5 & 118.3 as targets.

Comment: The pair has broken above the upper boundary of a bearish channel.

  
 
 

 AUD/USD Intraday: the downside prevails.
X
  
 Pivot: 0.7765

Most Likely Scenario: Short positions below 0.7765 with targets @ 0.765 & 0.7605 in extension.

Alternative scenario: Above 0.7765 look for further upside with 0.7795 & 0.7845 as targets.

Comment: The pair has broken below its support and should face further weakness.

  
 
 

 Gold spot Intraday: under pressure.
X
  
 Pivot: 1203

Most Likely Scenario: Short positions below 1203 with targets @ 1189 & 1183 in extension.

Alternative scenario: Above 1203 look for further upside with 1209 & 1212.5 as targets.

Comment: As long as 1203 is resistance, expect a return to 1189.

  
 
 

 Crude Oil (WTI) (K5) Intraday: bullish bias above 55.
X
  
 Pivot: 55

Most Likely Scenario: Long positions above 55 with targets @ 58 & 60 in extension.

Alternative scenario: Below 55 look for further downside with 53.6 & 51.45 as targets.

Comment: A support base at 55 has formed and has allowed for a temporary stabilisation.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
  
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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PureFunds ISE Cyber Security ETF (HACK)

on Tue Apr 21, 2015 9:27 pm
13:43 GMT - 09:43 NYT - 21 Apr 2015
New up leg

# TECHNICAL VIEW #

(Daily Chart)
*a bullish flag pattern is completed and calls for an extension of the prevailing up move

Regarding technical indicators:
*the 20-day moving average (in red) is above the 50-day moving average (in blue), both are rising and both are possible area of support
*the widening of Bollinger bands signals an increase in the short term trend's intensity

LAST: $30.20
ENTRY: 30.20 [possible entry area: 30.25 - 29.60]
STOP: 28.60 (-5.3%)
TARGET 1: 32.00 (5.96%)
TARGET 2: 32.50 (7.62%)
Glossary
Bollinger bands
They are represented by 3 different bands and are derived from moving averages. The middle band corresponds to a simple moving average (MA (20)). The level of the upper band, in every point, corresponds to the sum of the level of the middle band and twice the value of the standard deviation associated to the 20-day moving average. Reciprocally, the level of the lower band corresponds to the level of the middle band diminished by twice the value of the standard deviation associated to the 20-day moving average. An envelop of the future price is thus determined. This makes it possible to then identify the variation margin in which the future should stay almost systematically. In the case of a future following a Gauss law, 95 % of the trades will thus occur between these bands.

Bullish flag
a bullish trend continuation chart pattern

Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
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Re: Forex Serbia D. T. A.

on Wed Apr 22, 2015 10:36 am
EUR/USD Intraday: key resistance at 1.077.
X
  
 Pivot: 1.077

Most Likely Scenario: Short positions below 1.077 with targets @ 1.0705 & 1.0655 in extension.

Alternative scenario: Above 1.077 look for further upside with 1.082 & 1.085 as targets.

Comment: As long as the resistance at 1.077 is not surpassed, the risk of the break below 1.0705 remains high.

  
 
 

 GBP/USD Intraday: bullish bias above 1.4855.
X
  
 Pivot: 1.4855

Most Likely Scenario: Long positions above 1.4855 with targets @ 1.4985 & 1.505 in extension.

Alternative scenario: Below 1.4855 look for further downside with 1.48 & 1.475 as targets.

Comment: The RSI is mixed to bullish.

  
 
 

 USD/JPY Intraday: the upside prevails.
X
  
 Pivot: 119.1

Most Likely Scenario: Long positions above 119.1 with targets @ 120.1 & 120.45 in extension.

Alternative scenario: Below 119.1 look for further downside with 118.85 & 118.5 as targets.

Comment: The pair has broken above the upper boundary of a bearish channel and remains on the upside.

  
 
 

 AUD/USD Intraday: the upside prevails.
X
  
 Pivot: 0.77

Most Likely Scenario: Long positions above 0.77 with targets @ 0.7795 & 0.7845 in extension.

Alternative scenario: Below 0.77 look for further downside with 0.765 & 0.7605 as targets.

Comment: The RSI is well directed.

  
 
 

 Gold spot Intraday: key resistance at 1203.
X
  
 Pivot: 1203

Most Likely Scenario: Short positions below 1203 with targets @ 1195 & 1192 in extension.

Alternative scenario: Above 1203 look for further upside with 1209 & 1212.5 as targets.

Comment: As long as 1203 is resistance, likely decline to 1195.

  
 
 

 Crude Oil (WTI) (M5) Intraday: under pressure.
X
  
 Pivot: 57.2

Most Likely Scenario: Short positions below 57.2 with targets @ 55.3 & 54.6 in extension.

Alternative scenario: Above 57.2 look for further upside with 58 & 58.8 as targets.

Comment: As long as 57.2 is resistance, likely decline to 55.3.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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United States Agriculture Index Fund (USAG)

on Wed Apr 22, 2015 5:42 pm
13:38 GMT - 09:38 NYT - 22 Apr 2015
Rebound expected

# TECHNICAL VIEW #

(30 min Chart)
*a strong support area has formed at 20.70 (previous lows)
*the United States Agriculture Index Fund (USAG) has broken up a declining channel

Regarding technical indicators:
*the 20-period moving average (in red) is crossing above the 50-period moving average (in blue) forming a golden cross
*technical indicators are posting bullish divergences

LAST: $20.86
ENTRY: 20.86 [possible entry area: 20.80 - 20.90]
STOP: 20.70 (-0.77%)
TARGET 1: 21.10 (1.15%)
TARGET 2: 21.20 (1.63%)

Disclaimer
Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).

 
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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iShares Dow Jones U.S. Technology Sector Index Fund (IYW)

on Wed Apr 22, 2015 8:25 pm
18:09 GMT - 14:09 NYT - 22 Apr 2015
New up leg

# TECHNICAL VIEW #

(Daily Chart)
*the iShares Dow Jones U.S. Technology Sector Index Fund (IYW) is supported by a rising trend line
*a flag pattern is taking place and has bullish implications

Regarding technical indicators:
*the RSI is above the 50% level

On a relative basis against the iShares IVV SP500:
*the iShares Dow Jones U.S. Technology Sector Index Fund (IYW) stands in a bullish channel and has recently broken a short term declining trend line. A further advance is expected.

LAST: $107.58
ENTRY: 107.58 [possible entry area: 105.00 - 108.00]
STOP: 103.20 (-4.07%)
TARGET 1: 110.00 (2.25%)
TARGET 2: 114.35 (6.29%)
Disclaimer

The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING CENTRAL current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

Services in the U.S. are offered through TRADING CENTRAL Americas, Inc. SEC Registered Investment Adviser (IARD/CRD 801-67210)
Ratio IYW versus iShares IVV SP 500
Further upside
Glossary
Bullish channel
The price action is contained between upward sloping parallel lines which show areas of support and resistance for price targets.

Flag
it usually occurs after a sharp move and represents a brief pause in the trend. This pattern corresponds to a slightly decreasing channel (in the case of an upward trend) or a slightly increasing channel (in the case of a downward trend).
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Thu Apr 23, 2015 9:27 am
EUR/USD Intraday: under pressure.
X
  
 Pivot: 1.0745

Most Likely Scenario: Short positions below 1.0745 with targets @ 1.0655 & 1.062 in extension.

Alternative scenario: Above 1.0745 look for further upside with 1.08 & 1.085 as targets.

Comment: The pair stands below its resistance and remains under pressure.

  
 
 

 GBP/USD Intraday: the bias remains bullish.
X
  
 Pivot: 1.497

Most Likely Scenario: Long positions above 1.497 with targets @ 1.508 & 1.514 in extension.

Alternative scenario: Below 1.497 look for further downside with 1.491 & 1.4855 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  
 
 

 USD/JPY Intraday: the upside prevails.
X
  
 Pivot: 119.3

Most Likely Scenario: Long positions above 119.3 with targets @ 120.1 & 120.45 in extension.

Alternative scenario: Below 119.3 look for further downside with 119.1 & 118.85 as targets.

Comment: The pair stands above its support and remains on the upside.

  
 
 

 AUD/USD Intraday: rebound.
X
  
 Pivot: 0.77

Most Likely Scenario: Long positions above 0.77 with targets @ 0.781 & 0.7845 in extension.

Alternative scenario: Below 0.77 look for further downside with 0.765 & 0.7605 as targets.

Comment: The pair is rebounding above its support.

  
 
 

 Gold spot Intraday: under pressure.
X
  
 Pivot: 1198

Most Likely Scenario: Short positions below 1198 with targets @ 1183 & 1178 in extension.

Alternative scenario: Above 1198 look for further upside with 1205 & 1209 as targets.

Comment: As long as 1198 is resistance, likely decline to 1183.

  
 
 

 Crude Oil (WTI) (M5) Intraday: under pressure.
X
  
 Pivot: 57.2

Most Likely Scenario: Short positions below 57.2 with targets @ 55.3 & 54.6 in extension.

Alternative scenario: Above 57.2 look for further upside with 58 & 58.8 as targets.

Comment: As long as 57.2 is resistance, likely decline to 55.3.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
  
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
View user profile

United States Gasoline Fund, LP (UGA)

on Thu Apr 23, 2015 9:12 pm
13:31 GMT - 09:31 NYT - 23 Apr 2015
Swing high

# TECHNICAL VIEW #

(120 min Chart)
*the break of the previous top is a key signal for further short term gains

Regarding technical indicators:
*the 20-period (in red) and 50-period (in blue) moving averages are turning up and are possible areas of support
*the RSI is well directed

LAST: $38.60
ENTRY: 38.60 [possible entry area: 37.80 - 38.70]
STOP: 36.80 (-4.66%)
TARGET 1: 41.10 (6.48%)
TARGET 2: 42.30 (9.59%)
Disclaimer

The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING CENTRAL current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

Services in the U.S. are offered through TRADING CENTRAL Americas, Inc. SEC Registered Investment Adviser (IARD/CRD 801-67210)
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
View user profile

Teucrium Soybean Fund (SOYB)

on Thu Apr 23, 2015 9:13 pm
14:54 GMT - 10:54 NYT - 23 Apr 2015
Bounce

# TECHNICAL VIEW #

(120 min Chart)
*the break of the declining trend line is a key signal for a short term recovery

Regarding technical indicators:
*the 20-period (in red) and 50-period (in blue) moving averages are turning up
*the RSI is well directed

LAST: $19.75
ENTRY: 19.75 [possible entry area: 19.55 - 19.80]
STOP: 19.15 (-3.04%)
TARGET 1: 20.45 (3.54%)
TARGET 2: 20.75 (5.06%)
Disclaimer

The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING CENTRAL current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

Services in the U.S. are offered through TRADING CENTRAL Americas, Inc. SEC Registered Investment Adviser (IARD/CRD 801-67210)
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
avatar
Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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SPDR® S&P® International Telecommunications Sector ETF (IST)

on Thu Apr 23, 2015 10:49 pm
19:10 GMT - 15:10 NYT - 23 Apr 2015
Continuation of the rebound

# TECHNICAL VIEW #

(Daily chart)
*the ascending triangle pattern is completed and calls for a continuation of the rebound towards 29.60 (theoretical target)

Regarding technical indicators:
*the rising 20-day moving average (in red) is above the rising 50-day moving average (in blue) and are possible areas of support
*the widening of the Bollinger bands signals an increase in the short term trend's intensity

On a relative basis against the SPDR SPY SP500:
*the SPDR® S&P® International Telecommunications Sector ETF (IST) is supported by a rising trend line while the 20-day moving average (in red) has crossed above the 50-day moving average (in blue) forming a golden cross

LAST: $27.20
ENTRY: 27.20 [possible entry area: 26.90 - 27.20]
STOP: 25.50 (-6.25%)
TARGET 1: 28.30 (4.04%)
TARGET 2: 29.60 (8.82%)

Ratio IST versus SPDR SPY SP500
Recovery
Glossary
Bollinger bands
They are represented by 3 different bands and are derived from moving averages. The middle band corresponds to a simple moving average (MA (20)). The level of the upper band, in every point, corresponds to the sum of the level of the middle band and twice the value of the standard deviation associated to the 20-day moving average. Reciprocally, the level of the lower band corresponds to the level of the middle band diminished by twice the value of the standard deviation associated to the 20-day moving average. An envelop of the future price is thus determined. This makes it possible to then identify the variation margin in which the future should stay almost systematically. In the case of a future following a Gauss law, 95 % of the trades will thus occur between these bands.

Triangle
is usually a continuation pattern but sometimes act as a reversal pattern. There are three types of triangles (symmetrical, ascending and descending).
 
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Pre European Open, Daily Technical Analysis Friday, April 24, 2015

on Fri Apr 24, 2015 9:23 am
EUR/USD Intraday: the bias remains bullish.
X
  
 Pivot: 1.073

Most Likely Scenario: Long positions above 1.073 with targets @ 1.085 & 1.089 in extension.

Alternative scenario: Below 1.073 look for further downside with 1.0655 & 1.062 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  
 
 

 GBP/USD Intraday: key resistance at 1.508.
X
  
 Pivot: 1.508

Most Likely Scenario: Short positions below 1.508 with targets @ 1.496 & 1.491 in extension.

Alternative scenario: Above 1.508 look for further upside with 1.514 & 1.521 as targets.

Comment: The pair stands below its resistance.

  
 
 

 USD/JPY Intraday: under pressure.
X
  
 Pivot: 120.1

Most Likely Scenario: Short positions below 120.1 with targets @ 119.3 & 119.1 in extension.

Alternative scenario: Above 120.1 look for further upside with 120.45 & 120.85 as targets.

Comment: Technically the RSI is below its neutrality area at 50.

  
 
 

 AUD/USD Intraday: the upside prevails.
X
  
 Pivot: 0.77

Most Likely Scenario: Long positions above 0.77 with targets @ 0.781 & 0.7845 in extension.

Alternative scenario: Below 0.77 look for further downside with 0.765 & 0.7605 as targets.

Comment: The pair is rebounding above its support.

  
 
 

 Gold spot Intraday: key resistance at 1198.
X
  
 Pivot: 1198

Most Likely Scenario: Short positions below 1198 with targets @ 1184 & 1178 in extension.

Alternative scenario: Above 1198 look for further upside with 1205 & 1209 as targets.

Comment: As long as 1198 is resistance, likely decline to 1184.

  
 
 

 Crude Oil (WTI) (M5) Intraday: rebound expected.
X
  
 Pivot: 55.75

Most Likely Scenario: Long positions above 55.75 with targets @ 58.8 & 59.6 in extension.

Alternative scenario: Below 55.75 look for further downside with 54.6 & 53.8 as targets.

Comment: The RSI is mixed.

  
 
 
  Disclaimer
  
 Copyright
The information contained herein is produced by ‘TRADING Central’ and not intended as an offer or solicitation for the purchase or sale of any financial product. Any opinion offered in this material reflects the opinion of ‘TRADING Central’ and this is subject to change without notice. ‘TRADING Central’ is an investment research provider (http://www.tradingcentral.com/start.asp?p=quisommesnous).
  
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Newcrest Mining: the upside prevails

on Fri Apr 24, 2015 9:29 am
12.85 is our pivot point.

Our preference: as long as 12.85 is a support, a rise towards 15.75 and even 16.7 seems likely.

Alternative scenario: below 12.85 expect a drop to 12 and 11.15.

Comment: The daily technical indicators are bullish and call for a rise towards 16.7 in the medium term.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
In order to leverage this directional view we have selected the following product
ASX CodeTypeStrikeStop Loss
Trigger Level
Required NumberCurrent
Share Price
GearingApprox
Value
% from
Stop Loss
NCMKOEMINI Long12.6813.95114.189.94%$1.421.06%
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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iShares MSCI Canada ETF (EWC)

on Fri Apr 24, 2015 2:54 pm
12:11 GMT - 08:11 NYT - 24 Apr 2015
Continuation of the rebound

Current long position on iShares MSCI Canada ETF (EWC): the stop-loss is raised to 28.65 (previous low) from 25.9.
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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Re: Forex Serbia D. T. A.

on Fri Apr 24, 2015 2:55 pm
12:29 GMT - 08:29 NYT - 24 Apr 2015
Bullish bias above 14.75

Current long position on iShares MSCI Italy Index Fund (EWI): the stop-loss is raised to 14.75 (previous low) from 14.5.
Glossary
RSI
(Relative Strength Index) A technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

Bullish gap
Area on the bar chart where no trading has taken place. In an uptrend, prices open above the highest price of the previous day, leaving a gap or open space on the chart that is not filled during the day.
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Global Moderator
Global Moderator
Broj poruka : 3644
Points : 7478
Date of Entry : 2013-01-13
Godina : 47
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AUD/USD , S&P-ASX 200: further advance

on Sun Apr 26, 2015 10:22 pm
Pivot: 5734

Our preference: Long positions above 5734 with targets @ 6000 & 6125 in extension.

Alternative scenario: Below 5734 look for further downside with 5554 & 5370 as targets.

Comment: The index rebounded on Friday and broke above its 20-day and 50-day moving averages. The RSI indicator is turning up from its 50% level. Furthermore, a support base has formed around 5734 which should limit the downside potential. As long as 5734 is support, the index is likely to challenge its nearest resistance at 6000, if breakout, look for further advance to 6125.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

In order to leverage this directional view we have selected the following product
ASX CodeTypeStrikeStop Loss
Trigger Level
Index MultiplierCurrent
Index Level
GearingApprox
Value
% from
Stop Loss
XJOKOHMINI Long5600.4457520.015933.29196.08%$2.291.32%

More products on au.citifirst.com

AUD/USD ST: under pressure.

Pivot: 0.803

Our preference: Short positions below 0.803 with targets @ 0.752 & 0.727 in extension.

Alternative scenario: Above 0.803 look for further upside with 0.83 & 0.855 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
In order to leverage this directional view we have selected the following product
ASX CodeUnderlying
Currency
TypeStrikeStop Loss
Trigger Level
MultiplierCurrent
FX Rate
GearingApprox
Value
% from
Stop Loss
FXUKOQUSDMINI Short0.810.81000.774495.28%$4.963.2%
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