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Published 09/02/2010 - 9:51 p.m. EST

A late session short-covering rally triggered by day-trader liquidation late in the trading session helped equity markets finish higher on Thursday.
Published 09/02/2010 - 8:00 p.m. EST

The strong close in the September E-mini S&P 500 has put this market in a position to rally further with a cluster of Gann angles and a .618 retracement level the next potential upside target.

 
Published 09/02/2010 - 3:00 p.m. EST

U.S. Light Crude enjoyed its largest single-day rally since the climb through 80.00 on August 2. While the bulls certainly enjoyed the August 2 move, the rally throughout Wednesday’s session was markedly more important in terms of establishing buying support near the bottom of a large intraday Triangle on the 240-minute time frame.
Published 09/02/2010 - 2:55 p.m. EST
The likelihood for a continued slide in the US Dollar Basket after price broke the 83.00 level early on in the Wednesday session, is going to be challenged by...
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Published 09/02/2010 - 1:47 p.m. EST
SINGAPORE (Commodity Online) : World oil prices eased in Asian trade Thursday after overnight gains on reports of positive manufacturing data’s from the US and...
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Published 09/01/2010 - 4:50 p.m. EST
Housing has been sluggish since homebuyer tax credits expired. With pockets of manufacturing now joining housing in retreat, we have to worry about the future...
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Published 09/02/2010 - 1:49 p.m. EST
By Allen Sykora(Kitco News)-- MF Global remains “cautious” about the short-term outlook in base metals despite Wednesday’s gains that came after a strong ISM...
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Published 09/02/2010 - 3:00 p.m. EST
U.S. Light Crude enjoyed its largest single-day rally since the climb through 80.00 on August 2. While the bulls certainly enjoyed the August 2 move, the rally...
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Published 09/01/2010 - 10:27 a.m. EST
GRAINS: 9/01/10 Lower closes Tuesday for rough rice, Minneapolis, Kansas City and Chicago wheat along with oats, soybeans, soymeal and soyoil. All of the wheat...
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Published 02/13/2009 - 7:13 a.m. EST
In Gann Theory, pattern is defined as the study of market swings. Swing charts determine trend changes. For example, a trend changes to up when the market crosses...
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