The price goes through Schiff Median Line. With the Stochastic Oscillator bearish, I expect a 12,900 level test in the next few days. That is a strong support. Traders should wait for a bullish reaction there before considering long positions.
8/30/2012
8/28/2012
EUR_USD H1 - 08/28/2012
With Stochastic bullish, I expect a resistance test (ret. fib. 78.6%) in the next few hours. Because of last bearish movement has corrective characteristics, Long should be considered in the next few days.
8/26/2012
OIL - 08/24/2012
The price has stopped at the 61.8% level. With DT Osc bearish, a multi-day high should be near completion. A bearish correction to 92.5 can be developed in the next few days. The signal was already generated Friday. If short, hold positions and protective stops should be no further than a few pips above Thursday's High.
8/17/2012
OIL - 08/17/2012
The price entered in the resistance zone (where we want it to be). There is already a bearish divergence with MACD. Now, traders just wait for a DT Osc bearish reversal before considering Short positions, like I said yesterday.
8/16/2012
OIL 08/16/2012
8/14/2012
EUR_USD 08/14/2012
EMA(55) is a good short-term resistance. This overlapping movement should be near the top. Traders must wait for the next DT bearish reversal before considering Short position.
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