Weekly Report December 3

Weekly Report December 3 For new readers of the blog, I recommend reading the terminology page before the weekly reports. I’m going to take a quick look at the big picture. Housing Housing markets around the world are deflating at an alarming rate with Canada, Australia, Britain and Scandinavia taking the biggest …

Weekly Report November 12

Weekly Report November 12 For new readers of the blog, I recommend reading the terminology page before the weekly reports. First of all, my short term trades have been badly off for the past month or so and I’m going to focus on the big picture from now on for a while …

Weekly Report November 5

Weekly Report November 5 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Oil I was not expecting oil to signal a failed daily cycle yet that’s what we got in WTI last week. This has been the longest daily cycle in WTI for at …

Weekly Report October 27

Weekly Report October 27 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Stocks Stocks have been correcting as I predicted in the October 6th weekly report. What is severe is that the internal structure of the market is crumbling fast. Many major components of …

Weekly Report October 6

Weekly Report October 6 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Oil As of Friday, oil is on day 36 of its current daily cycle. This means that the cycle is mature enough and extremely right translated which is good for the assumption …

Weekly Report September 29

Weekly Report September 29 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro hit a major resistance zone at 1,18 early this week and I believe that that marked the daily cycle top for the euro. As of Friday, we actually have all …

Weekly Report September 23

Weekly Report September 23 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Dollar One of the most significant moves that happened last week was the breakdown in the dollar. As I pointed out in the previous Weekly Report, the dollar had already produced a …

Weekly Report September 15

Weekly Report September 15 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies I believe that the dollar has now signaled a failed daily cycle which topped on day 4. It isn’t completely out of question that the dollar could have printed a daily …

Euro Undercut

Euro Undercut The euro made an undercut on Monday and as that low was lower than the low printed on last Thursday, the HCL I’ve been expecting was moved from Thursday to Monday. I suspect that the euro is now ready to move higher which should give gold some tailwind. …

Weekly Report September 9

Weekly Report September 9 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro and the dollar have progressed the way I suspected in the previous weekly report. The euro fell lower towards what I believe is a HCL and the dollar rallied …