RE: Great Move On Financials…But Hitting Resistance Here.

RE: Great Move On Financials…But Hitting Resistance Here.
RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
<img src="https://www.inthemoneystocks.com/userfiles/image/GS11.JPG]
RealTick graphics used with permission of Townsend Analytics, Ltd.…

Great Move On Financials…But Hitting Resistance Here.

Great Move On Financials…But Hitting Resistance Here.
RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
<img src="https://www.inthemoneystocks.com/userfiles/image/GS.JPG]
RealTick graphics used with permission of Townsend Analytics, Ltd.…

Crude May Be Setting Up For A Pop In The Coming Months

Crude May Be Setting Up For A Pop In The Coming Months<img src="https://www.inthemoneystocks.com/userfiles/image/DTO.JPG]

This is a chart of DTO (2x inverse/short oil). Notice the negative divergences on the daily chart in the RSI and MACD. In addition, note the large possible M pattern starting to form.…

Weekend Technical Analysis Update For Jan 26th-30th, 2009

Weekend Technical Analysis Update For Jan 26th-30th, 2009[youtube:Iw1wG2uTHqU]

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.

In the SPY chart above notice the channel the markets are currently trading in.…

Nailed the Oil Move With+$3 Spike In 1 Hour

Nailed the Oil Move With+$3 Spike In 1 HourDear Readers,

As I attempt to read the market internals using my proprietary techniques and the technicals I come across some interesting possible trades each day. As noted about one hour ago, oil was setting up for a possible momentum trade.…

Oil a Buy?

Oil a Buy?Oil moving higher here. Keep a close eye on USO and UNG. Also, start watching oil, nat gas, coal, alt energy plays. PCX starting to interest me as well as XTXI. Note how oil has been gapping lower at the start of the day, then moving higher through the course of the day.…