Candy Matheson | TalkMarkets | Page 27
Blogger & Retired Russell 2000 E-mini Futures Day Trader
Blogger and retired Russell 2000 E-mini Futures Day Trader. I was first introduced into the world of trading when I took an options course in Porlock, England in 1997...it involved buying options on the FTSE 100 Index. The instructor was a Scottish fellow named Jock. He was very amusing and ...more

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U.S., European & Chinese Financial Weakness
In my 2016 Market Forecast post of December 29, 2015, I mentioned three ratio charts worth monitoring for 2016. Daily ratio charts show that U.S. and European financials are weak compared with their respective Major Index, so far, this year.
Central Bank-Speak Is Not Logical, Sir...
...what Mr. Spock would say to Captain Kirk if Star Trek, The Stock Markets had been a fictional TV series. However, what we're dealing with is fact...weird or what?
Possible 2016 U.S. Presidential Election Target For The SPX
20-Year Quarterly chart of the SPX closed today at a higher level than -- on what was a previously potential bearish hanging man -- the Q1 candle.
How Q2 Closes Is Important For SPX
Each candle on the SPX chart in this article represents 1/4 of one year. Q2 2016 is an important candle, which will close this Thursday, June 30th, as it could be the bearish reversal confirmation candle that's needed for the Q1 candle.
Currency Canaries
If currency markets continue to experience high volatility with a strengthening US dollar, I think equity markets, including North American markets, will follow suit.
The Brexit Vote Wins...A Catastrophe Awaits
A massive Head & Shoulders pattern has formed on this GBP/USD monthly chart...catastrophe awaits as price flirts with the neckline.
British Pound Hovers Precariously Above 30-Year Critical Support
In advance of Britain's "Brexit" or "Bremain" vote on Thursday, June 23, the British Pound has gained momentum as of last week, and Sunday evening.
Equities Look Vulnerable
What a mess! A drop and hold below 100 will signal that a big downdraft is in store for equities, as shown on the monthly SPX:VIX​ ratio chart.
WTIC Crude Oil & Canadian Loonie
If WTIC Crude Oil breaks below it's current (very tight) uptrend line, watch for the Canadian Loonie to tank.
USD/CAD Forex Pair Overdue For A Bounce
The USD/CAD Forex pair is well overdue for a bounce at the median of a long-term regression channel and the 40% Fibonacci retracement level, as shown on the Monthly chart below.
Financials ETF Looks Weak
Financials ETF price is weakened considerably and fell to new lows not seen since 2012.
SPX:VIX Ratio Reaches A Critical Crossroads
Price action on the SPX:VIX ratio has rallied and is now in between major support of 150 and major resistance at 160. The momentum indicator rose above the zero level hinting of higher prices to come at some point on this longer term timeframe.
New "Buy" Signals For Equities
New "BUY" signals have just formed on the RSI, MACD and PMO indicators.
Banks And Oil Don't Mix
As WTIC Crude Oil goes, so goes Deutsche Bank...
Nikkei Index Teeters On The 2007/08 Brink
Japan's Nikkei Index was above the 17,000 level yesterday and it was down around 3.3% from Monday's close.
It's Now Or Never For Bulls
Was Friday's world-market rally serious and sustainable, or simply a knee-jerk reaction to Japan's surprise NIRP announcement (including some shorter-term short-covering action) and "end-of-month window dressing" by fund managers?
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