Showing posts with label OIL. Show all posts
Showing posts with label OIL. Show all posts

Sunday, December 20, 2009

3 investment analysis: NASDAQ, Gold, Dollar

We have entered the Christmas season which is usually typical by light trading activities and volumes. We have more time now for our analysis and also it is the the time for creating or adjusting your investing strategies and setting targets for the year 2010.

Today I have 3 interesting video analysis produced by Adam Hewison. Unbeatable NASDAQ, trading volatility with Gold and investing in US dollar.

1. Unlike Dow Jones Industrial Average and S&P 500, NASDAQ continues to reach all time highs every week. This video analysis for NASDAQ show if there is still support for such a growth and where we are heading.


Nasdaq chart
2. Second analysis provides insight in gold price and outlook for coming months. We have experienced parabolic growth and deep fall from highs.

3. Greenback is back. US dollar sharply strengthens against major currencies after better macroeconomic readings in last months. How to invest in US dollar now?

Saturday, November 7, 2009

Short-term outlook for crude oil prices


In last week crude oil prices has been traded more or less sideways and finished the week on unchanged mark. But short-term picture shows interesting development because on Friday price closed below $77,7. This level has been formed since summer this year and was support for technical pattern flag formation. The breakout didn't support bullish trend anymore and short-term outlook is more bearish now.

I agree with Adam Hewison's long term-term outlook for crude oil which stays bullish. Adam also mentions flag formation which brings "bullish breakout" but this has been reversed on Friday as a false signal.