Pattern, Price and Time - Analysis RSS Feed

Euro Traders Waiting for More News

James Hyerczyk — Mon, 03 Jan 2011 13:03:00 EST

Despite settling into a small range during the month of December following a sharp break from 1.4263 to 1.2955 during November, the March Euro still remains vulnerable to additional downside pressure.

Gold Slowly Creeping Up toward Retracement Zone

James Hyerczyk — Tue, 30 Nov 2010 14:57:00 EST

February Gold is slowly creeping up toward a retracement zone at $1378.50 to $1389.70. The market has been toying with this area for about a week after failing at $1385.00 on November 23. This time however it seems to have enough upside momentum to break through this area.

Renewed Appetite for Risk Leads to Higher E-mini S&P 500

James Hyerczyk — Thu, 18 Nov 2010 13:15:00 EST

Equity investors are looking at the long side of the market this morning as friendly talk out of Europe regarding the Irish debt crisis is renewing interest in risky assets.

E-mini S&P 500 Stable as Global Worries Abate

James Hyerczyk — Wed, 17 Nov 2010 12:54:00 EST

The December E-mini S&P 500 is trading in a narrow range overnight after Irish debt worries dragged down the market on Tuesday.

E-mini S&P 500 Holding Last Week�s Low

James Hyerczyk — Mon, 15 Nov 2010 13:50:00 EST

The December E-mini S&P 500 made a successful attempt to hold last week�s low at 1191.50. This was critical because a break through this price level will confirm the Weekly Closing Price Top that was formed last week.

E-Mini S&P Forms Weekly Reversal Top; Move Downside Indicated.

James Hyerczyk — Sat, 13 Nov 2010 01:00:00 EST

The shedding of risky assets put downside pressure on the December E-mini S&P 500 this week, leading to the formation of a closing price reversal top.

E-mini S&P 500 Finishes Lower in Light Trade; Watch for Weekly Reversal Top

James Hyerczyk — Fri, 12 Nov 2010 14:11:00 EST

The December E-mini S&P 500 finished lower on Thursday on light volume in a holiday driven trade. This market did make an attempt to sell-off but failed to even take out Thursday�s low at 1201.75 before selling pressure subsided.

E-mini S&P 500 Finishes Lower in Light Trade; Watch for Weekly Reversal Top

James Hyerczyk — Fri, 12 Nov 2010 03:07:00 EST

E-mini S&P 500 Could Test 1196.25

James Hyerczyk — Thu, 11 Nov 2010 14:56:00 EST

Downside pressure continued to mount on the December E-mini S&P 500 overnight as traders continued to shed risky assets amid speculation of debt woes in the Euro Zone.

Stock Index Futures Confirm Daily Reversal Top

James Hyerczyk — Thu, 11 Nov 2010 00:35:00 EST

U.S. stock index futures traded sideways to lower on Wednesday after confirming Tuesday�s closing price reversal tops. The topping pattern that may be developing usually leads to a minimum 2 to 3 day break equal to 50% of the last rally.

E-mini S&P Confirms Reversal Top but Set-up for Retracement

James Hyerczyk — Wed, 10 Nov 2010 19:36:00 EST

The December E-mini S&P 500 confirmed Tuesday�s closing price reversal top, but investors showed up following the dip to 1201.75, indicating the possibility of a strong retracement rally.

E-mini S&P Feeling No Pressure after Reversal Top

James Hyerczyk — Wed, 10 Nov 2010 14:18:00 EST

The December E-mini S&P 500 is trading flat after posting a closing price reversal top on Tuesday. The lack of follow-through to the downside means the signal hasn�t been confirmed yet, setting up the possibility of a rally back to 1215.50.

Dollar Rally Triggers Gold, Silver Reversal Tops

James Hyerczyk — Wed, 10 Nov 2010 00:31:00 EST

December Gold and December Silver broke sharply after investors shed risky assets amid an impressive turnaround in the U.S. Dollar.

Gold and Silver Soar amid New Debt Woes and Gold Standard Talk

James Hyerczyk — Tue, 09 Nov 2010 14:18:00 EST

December Gold and December Silver soared overnight as investors continued to buy precious metals amid concerns that peripheral debt problems in the Euro Zone may continue to escalate.

Stronger Dollar Pressures Risky Assets

James Hyerczyk — Tue, 09 Nov 2010 01:01:00 EST

The strong rally in the Dollar triggered by sovereign debt concerns in Ireland pressured risky currencies and equity markets. Traders decided to exit risky asset positions while carefully watching how the current situation unfolds.

U.S. Equities Rangebound as Euro Zone News Keeps Lid on Risk

James Hyerczyk — Mon, 08 Nov 2010 23:09:00 EST

U.S. stock index futures are trading sideways-to-lower at the mid-session as traders cut back on risky positions. Investors are reacting to possible negative news developing in the Euro Zone regarding Irish debt issues.

U.S. Equities Trading Slightly Lower; Emphasis Shifts to Economy

James Hyerczyk — Mon, 08 Nov 2010 14:46:00 EST

U.S. equities are called slightly lower this morning after trading in a tight range overnight. News that peripheral debt problems are resurfacing in Ireland is pressuring the Euro, leading investors to take a little risk off the table.

U.S. Stocks End with Whimper after Eventful Week.

James Hyerczyk — Sat, 06 Nov 2010 02:28:00 EST

U.S. equity markets closed slightly higher after a spurt to the upside following a better than expected U.S. jobs report. Buying pressure died shortly after the major indices reached their highest levels in more than two years.

Stocks, Bonds Taking Breather Ahead of Jobs Report

James Hyerczyk — Fri, 05 Nov 2010 15:21:00 EST

U.S. stock indices and Treasury instruments are taking a breather after a volatile week ahead of this morning�s Non-Farm Payrolls report. The consensus is calling for a gain of 70,000 jobs.

U.S. Stocks Finish Strong; S&P Establishes New Support

James Hyerczyk — Fri, 05 Nov 2010 00:51:00 EST

U.S. equity markets rallied sharply overnight, hemmed and hawed about mid-session then took off higher into the close.