Saturday 31 January 2015

Trends (31 Jan 2015) - Gold, Crude, $&P 500, KOSPI, RTSI, EURUSD

GOLD
PCP
1282.80
ACTION
None
S1
1230
TREND
Down
S2
1247
POSITION
Mid cycle
R1
1286
REMARK
May sell on rise, wait for a signal
R2
1320
CRUDE
PCP
48.24
ACTION
None
S1
38
TREND
Down
S2
44
POSITION
?
R1
57
REMARK
Wait for a signal
R2
65
S&P500
PCP
1988.40
ACTION
Buy on dip
S1
1920
TREND
Down
S2
1970
POSITION
Near bottom
R1
2015
REMARK
Avoid short selling
R2
2045
KOSPI
PCP
1953.48
ACTION
Hold long
S1
1925
TREND
Up
S2
1950
POSITION
Rising, near top
R1
2003
REMARK
Up trend started on 19th, it is re-entry
R2
2065
RTSI
PCP
737.35
ACTION
None
S1
600
TREND
Up but weak
S2
650
POSITION
Near bottom
R1
773
REMARK
Wait for a signal
R2
893
EURUSD
PCP
1.1286
ACTION
None
S1
1.00
TREND
Trending Down
S2
1.10
POSITION
?
R1
1.20
REMARK
Avoid long positions
R2
1.30

Wednesday 28 January 2015

S&P500 – 29 January 2015 (PCP 2030)

SIGNAL: Uptrend continues
POSITION: Hold long
TREND: Up but weak
CYCLE POSITION: Near cycle top
KEY LEVELS: 1980, 2016, 2044, 2118

RTSI – 29 January 2015 (PCP 783.53)

SIGNAL
POSITION
TREND: Up but weak
CYCLE POSITION
KEY LEVELS: 650, 773, 893

CRUDE & EURUSD - 28 Jan 2015

CRUDE OIL – 28 January 2015 (PCP 46.23)
SIGNAL
POSITION
TREND: Down
CYCLE POSITION: No cycle, it is trending down
KEY LEVELS: 20, 38, 44, 54

EURUSD – 28 January 2015 (PCP 1.1381)
SIGNAL
POSITION
TREND: Down
CYCLE POSITION: No cycle, it is trending down
KEY LEVELS: 0.88, 1.00, 1.07, 1.10, 1.20

KOSPI - 28 Jan (PCP 1952.4)

SIGNAL: Uptrend continues, second buy signal (first was on 19th Jan @1902.62)
POSITION: Hold long, can reenter also
TREND: Up
CYCLE POSITION: Rising
KEY LEVELS: 1925, 1950, 2003, 2065

Tuesday 27 January 2015

GOLD – 27 January 2015 ($1280)

SIGNAL: Uptrend ends, an early signal
POSITION: Exit longs
TREND: Downward bias
CYCLE POSITION: Appears to be near Top. 1306 may be this rally’s top made on 22 Jan
KEY LEVELS: 1316, 1282, 1254