Tweet By Astrology Traders The following is from Sunday premium report published on May 12th by Astrology Traders, which uses astrology to forecast events in the financial markets. Jeff Pierce adds in the technical picture for the stocks and sectors in focus. If you’d like to sign up for their free newsletter to be notified of [...]
Tweet By Jeff Pierce It would seem that bonds are on a lot of traders minds as TLT makes multi-month lows today and if you’re wondering how much lower this could go then I have 3 targets for you on the monthly chart below. 1. I would say there is a 90% chance this is [...]
Tweet A little chart potpourri tonight. 5 charts that stood out to me. 13653 is the high of the day on the New Moon last Friday. So far that top is holding but with a quiet consolidation during an options expiration week, the bulls may have a crack at that resistance tomorrow. Futures are mildly up as [...]
Tweet Head and shoulder topping pattern on bonds is still in play as far as I’m concerned. Look no further than the RSI and you see negative divergence when it made it’s last night in July and then new lows. This rally is probably close to being over as we form the right shoulder.