Welcome to the video update for Monday, April the 5th. The eurostoxx 50 daily chart shows price closed last Friday at the highest level since mid January. See what the next upside target is. Trader Rick reviews the weekly gold chart where price is in a trading range. Next up is the weekly EUR/JPY chart […]…
Welcome to the video update for Monday, March the 29th. Note, if you are a gold trader please remember to watch for the roll to the June contract. First chart up is the 13500 volume eurostoxx 50 chart where we see an example of previous resistance becoming current support. See what two patterns are most […]…
Welcome to the video update for Monday, March the 15th. Don’t forget we have a FOMC announcement on Tuesday at 2:15pm est. Ok, first chart up is the weekly eurostoxx 50. Last week was a narrow range doji, indicating hesitation, contraction. Note where price is in relation to the 9ema. If price moves higher look […]…
Welcome to the video update for Monday, January the 11th. First chart up is the eurostoxx 50 weekly and you will see after moving sideways for about 6 weeks that price has begun moving higher in the last 3 weeks. Note what the overhead resistance level is now. Trader Rick reviews the gold weekly continuation […]…