January 13, 2014

  • Silver 4 hour chart shows price near range top.
  • Daily chart shows price testing 23.6% Fib level.  Price also near the falling resistance line and Previous support levels which may act as resistance.
  • CRUDE Oil Trend update
  • Crude oil weekly chart shows price nearing crucial support lines. Price yet to test these levels. Another down move is likely to happen which will test these lines.
  • One hour chart shows price continues to trade below the hourly cloud. Bears will remain strong as long as price stays below the cloud.
  • GROUPON Weekend update
  • BLACKBERRY Weekend update
  • APPLE Weekend update


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore