When volume is the key trigger

Focusing on VXX, volume break out is our key trigger

Blue arrows = expected scenario

Euro Dollar probable scenario ?

Traders willing to pay a high premium (options) "highly speculative shorts"

Focus on long/short trigger

Key month trigger is March

Gut feeling ; Way oversold

SPDR Gold Trust ETF (GLD)

SPDR Gold Trust ETF (GLD) ; focus on the facts

1) Red arrows (old resistance level) is now our main support level (green arrows)

2) Last key support is clear

3) Re entry is clear

4) Is the uptrend over ? Hard to tell since we could be facing a long sideway pattern before heading higher again.

5) Watch the $USD Dollar .....

Will a Euro crash save the Euro zone ?

On May 21, 2011, I published the chart you see above, with the link right here ;

http://gicharts.blogspot.com/2011/05/euro-crash-will-save-spain-portugal.html

Let me be clear ; that does not mean that the $USD is a "better currency" !

A Euro crash is needed to save countries that really depend on global tourism.

A crash is also needed to boost exports

In late Nov 2010, the Euro did find a key support @ these current levels (1.2992)

Euro bounced up, and retested the 1.2992 levels again in mid Jan 2011.

If the Euro stays below that key level for the next 2 weeks, expect a sudden crash.

PS : As usual, expect the unexpected, and get ready to change your mind fast !

Buy China and go away

Shanghai SSEC weekly index ;

Focus on that large blue circle on the left of the chart

Current break down .... I call this a "fake move"

Like I said, expect a BULL market

Your mind is focusing on "fear" right now ; wake up and understand that you are facing global deep values !!!

iPath SP 500 VIX Short Term Futures ETN (VXX)

iPath SP 500 VIX Short Term Futures ETN (VXX) ;

1) Focus on the "last key support level"

2) Main trigger = VOLUME !!!!! Expect a volume break out

Where the big money is going

No need to be a chart expert to notice that the chart patterns of the following stocks are telling you to "add" those stocks to your portfolio.

BA, CSCO, HD, PFE, MO, MRK, XOM, IBM, INTC, MCD, KFT .....

Big money tends to "always" focus on key players after a major down trend.

Since you and I are the little fish, let's follow the "whales" :))))

Just an other day in Belgium

Just an other day in Belgium (photography)

SPDR Gold Trust ETF (GLD), can you predict the next pattern ?

SPDR Gold Trust ETF (GLD) ;

1) Can you predict the next pattern ?

2) Based on the current "facts" (global economy, financial crisis, currency war), we shall expect the following scenario (see the blue arrows)

3) Can this scenario change ? I doubt it, unless some invisible hand makes a miracle ...

4) Stocks or Gold ? Both , focus on high quality stocks with decent dividends.

AMR Corporation (AMR), do not touch it

AMR Corporation (AMR) ;

Using pure chart techniques to enter AMR ?

No way .... focus on news, fundamentals first !!!

Let others "gamble" the reversal

Wait a few months for an eventual channel, then an eventual break out

Do not guess .....

Sunny day in Brussels

Sunny day in Brussels (grande place)

Wide angle 14mm

Market Vector Russia ETF Trust (RSX), can Russia blow up ?

Market Vector Russia ETF Trust (RSX) ; Can Russia blow up ?

1) The Russian web is going nuts again Putin

2) Is that a weekly head and shoulder pattern ?

3) See that neckline (last key support), if broken, SELL, SELL, SELL

NetSuite Inc. (N)

NetSuite Inc. (N) ;

Clear messages, break out above key resistance level

Break out done with a GVN condition ; Gap, Volume and News !

Just another day in Belgium, photography

Belgium, photography

Natural Gas chart analysis

Natural gas daily chart analysis ;

Did we just bounce up from an oversold condition ?

Main trend still bearish

Key support, consider it as your main stop loss if you did buy

Focus on that key long entry level (red arrow), very bullish above

DryShips Inc. (DRYS)

DryShips Inc. (DRYS) ;

1) Clear down trend with lower highs

2) Light green arrows = Possible bottom pattern

3) Key triggers (blue arrows) ; buy a single position above first trigger, then add more above second

Warning, huge bull market ahead

ipath SP 500 VIX Short Term Futures ETN (VXX) ;

1) Perfect ABC pattern ?

2) "C" level is quite clear, a break below "A" will send the SP 500 zooming up

3) Another scenario possible ? Yes, a longer channel pattern, but the result will be the same, a break below "A"

Once again, focus on large blue chips

US Dollar index analysis

US Dollar index weekly analysis ;

1) Lower highs pattern is intact

2) Break out levels (from an oversold condition) shows the "Euro crisis"

3) Key level ; 80 , if level is not broken (within the next 10 days), expect a major pull back, sending the $ back into its long term trend (bearish)

PS : Watch the media now shift to "California"

Direxion Daily Finan. Bull 3X Shs ETF (FAS)

Direxion Daily Finan. Bull 3X Shs ETF (FAS) ;

1) Pay attention to the light green arrows and their levels (reliable bottom)

2) Price/volume patterns does confirm

3) Focus on the stop loss

4) Resistance level is quite clear, but do not expect a fast break out above it, rather, a longer channel until at least Feb