19 January: Outlook for this coming week
January 19, 2009 by admin
US markets are closed for trading Monday, which gives you ample time to prepare for the coming week by letting Trader Rick take the hassle out of market research as he guides you through the big picture analysis for many major markets. It’s important to do your homework and gain an edge over the competition, in today’s video update you’ll see multi timeframe analysis starting with the Weekly chart, and moving progressively closer with Daily and Intraday charts. You’ll see identified areas of support and resistance, as well as trade ideas to use in your own trading;
- Gold – multi time frame analysis, what to expect for the coming week.
- Crude – amazing $8 spread on the front month contract.
- Canadian forex 3X short trade and profit target for termination.
- Bund weekly trend strongly up but daily chart shows hesitation.
- Eurostoxx 50 weekly 9/30 short in play, where next?
- Euro Forex short term trend is up, look out for overhead resistance.
- Bonds sold off as per our suggestion last week.
- Mini Dow finds a little support on the Weekly chart.
- ES support and resistance areas, what to expect this week.
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