Halliburton (NYSE:HAL) has been crushed recently, coming off its highs is the $70’s to trade down to near $30 per share. The stock is moving down to retest the lows, and this offers an entry opportunity into a high probability reversal pattern.
(EUR/USD) is building a complex correction on its daily chart and the odds are too muddy to provide a quality forecast at this time. We are expecting price to fall down to test the ivory zones, and at that time we hope to be able to upgrade our forecast to “green” status.
The S&P 500 index proxy (SPY) is still showing bullish energy that keeps our forecast stable…We are looking for a move back up into the ivory area, then a lower high and a breakdown to new lows.
Norfolk Southern (NSC:NYSE) is a company that engages in the rail transportation of raw materials, intermediate products, and finished goods. This stock has been hammered down over the last few quarters and is showing signs of reversal. This trade, like many in recent weeks is likely to rally in the short term, but the odds…
Gold, as expressed through its ETF GLD, (NYSE:GLD) is wandering around within a range without any clear sponsorship. On a daily level, it’s a 50/50 proposition, but we believe that our longer term bullish bias is still dominant when your outlook is months to years. If gold cycles down into the accumulation zone highlighted in…
Norfolk Southern (NSC:NYSE) is a company that engages in the rail transportation of raw materials, intermediate products, and finished goods. This stock has been hammered down over the last few quarters and is showing signs of reversal. This trade, like many in recent weeks is likely to rally in the short term, but the odds…
The S&P 500 index proxy (SPY) is showing a very bearish lower high on its daily chart…HOWEVER 3D Apex Predictive Failure Technology™ is indicating that this is likely a false signal and is going to FAIL. This will shock many in the markets, so this contrary prediction offers great opportunity for intra-day traders. If you…
(EUR/USD) is building a complex correction on its daily chart after successfully retesting the blue zone to end our last trade opportunity. The odds are not high enough to take another long position at this time, but intra-day traders should watch price carefully for reversal as it tests the ivory zone.
Chesapeake Energy Corporation (NYSE:CHK) closed out in full as a total success. We will keep this stock on our radar for a new entry opportunity, but for now we will bid it a fond farewell!
