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.

Snow @ Beach

Snow @ Beach

EVENTS

Wed. Dec. 17th @ 2:00pm FOMC Interest Rate Announcement + FOMC Economic Forecasts...2:30 pm Chair Press Conference

Monday, 10 December 2012

A Lump of Coal for Christmas?

It looks like Santa may be stocking up on coal for Christmas this year.


Fire up those factories, China! We'll see if the Shanghai Index can stabilize and hold above a short-term support level of 2000, as it looks like the timing of the dip-buying (beginning from the August lows) on coal also coincided with the dip-buying on the index below.

 
Who's been naughty?