The front end of the curve has predictably moved lower in response to the recent hike in the Fed Funds rate. The second quarterly in […]
Category: Technical Analysis
Glorious Patterns, Oratorios, and the Financial Market!
The price action in the S&P 500 futures contract looks strikingly similar to a line of music in the great George Handel’s spectacular oratorio – […]
A New Event Within the Cycle of Lower Crude Oil Prices; and an Interesting Juxtaposition
The cycle of cheap energy, a strong dollar, and weak global demand (including a weak China), first described in “Crude Analysis of Crude: I Enter […]
Cycle of Weak Global Demand: Chinese Export Number Misses Big!
China Trade Balance (Mar), which came at CNY 18.8 bln vs exp CNY 250.0 bln, with exports -14.6% y/y (in yuan terms), while imports were […]
Technicals Inform the Fundamental: QE4-ever?
It is amazing how technical analysis can inform us of the fundamentals! Recently, a look at the 30 year futures proved very interesting. Take a look […]
This One is Obvious: Next Level of Support in the S and P 500 Futures
After observing the technical analysis of the last post on the S and P 500 futures, observe the next level where we might expect to […]
Will the Stock Market Gather Support?
Take a look at the trend channel and the ellipses drawn into the weekly chart of the Standard and Poor 500 futures chart. The rally of 2013 […]
Dazzling Dollar vs Euro Move! (See the Big Picture)
Are European vacations becoming affordable again? The highly touted common currency floated by the European Union just over a decade ago looks to be headed […]
Big Picture Analysis of 30 Year Futures: Up Where the Air is Thin
A look at the quarterly and monthly charts of the 30 year futures contract tells a big story. Thirty year futures retraced rather vigorously throughout […]
A Look at the Ten Year Weekly Chart: A Ho-hum Summer; What Next?
Take a look at price action in the Ten Year Futures contract on this weekly chart. As the contract rallies throughout May and into June […]