Welcome and thank you for visiting!

The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.
NEW SERVICE: I'm pleased to announce the launch of my new service as a Certified Professional Life Coach...please check out this page for details and updates.

Money Rose

Money Rose
Roses or thorns from the FOMC?...stay tuned 'till Wednesday...


Earnings Calendar: Courtesy of Yahoo! Finance
Fed's POMO Schedule: at this link
Wed. Sept. 17: 2:00pm FOMC Rate Announcement & Forecasts...2:30pm FOMC Chair Press Conference
Fri. Sept. 19: Quadruple Options Witching

Wednesday, 16 November 2011

Black Gold...

The question for Oil is whether it will pay attention to confluence resistance or not...if so, perhaps it will retrace to form a right shoulder and, subsequently an IH&S, as shown on the Daily chart below.