Monthly archive January, 2013
by
prestonni
on
Jan 29, 2013 •
The Swiss team produce another excellent report. Everything from market internals to mathematical over bought indicators, divergence between momentum and price as well as sentiment indicators are suggesting a near term correction or extended range consolidation period for equity indexes. (I could add leverage levels and low volume ratios as well vix and a number...
by
prestonni
on
Jan 28, 2013 •
“I will tell you what it will shackle us to. It will shackle us to reality. For good or for ill, it will shackle us to reality. That is the only basis upon which we shall be standing, and I believe it to be the only basis which offers any permanent security for our affairs....
by
prestonni
on
Jan 25, 2013 •
Apologies for anyone who missed the report being published earlier this week. I did publish the report on the forum pages. And indeed I let a contract go on silver myself earlier in the week due to the struggle we are having on multiple correlated industrial instruments here. The supports should be noted in the...
by
prestonni
on
Jan 23, 2013 •
The Swiss team’s latest report below. Conditions are becoming over bought across many sectors. The internals of 52wk highs not confirming the breakout. Sentiment close to contrarian levels. Things do appear to be setting up for some sort of correction but the price actions doesn’t indicate a top as yet, as they point out. Energy...
by
prestonni
on
Jan 15, 2013 •
The German team correctly called last week’s strength. On this basis they are calling for a near term bit of consolidation before the medium term bull resumes. Key levels remain where they were on the prior week. Platinum has surged 10% from the start of 2013 and achieving 11 month highs. And for the first...
by
prestonni
on
Jan 15, 2013 •
We are stepping forward into a monetary inflationary environment. Historically these moments in history see periods of immense (and increasing) money velocity. Huge speculative nominal trends historically develop during these periods. For this reason I remind readers of one of the most insightful stories contained in Jess Livermore’s historic and very brilliant book “Reminisences...
by
prestonni
on
Jan 9, 2013 •
The German team stick to their guns that the short term moves lower at the end of 2012 have not ended the secular bull trend in the bullion. Therefore Gold 1625 and Silver 29.1 should mark the bottom of the recent weakness allowing the short and medium term uptrend to resume. Pattern wise we have...
by
prestonni
on
Jan 8, 2013 •
The Swiss team have done themselves proud once again. Words fail me. A superb analysis. Lets see if they can win the European technical team for 2013 as they did in 2012. To the report specifically. There is much to digest here. What I continue to admire about their approach is that it’s probability driven....