10
NOV
2014

EXXI: Bullish Watch List

(Oil and gas field exploration services) This is a stock that has been decimated, obviously the long-term trend is bearish, but in the shorter-term time frame  there is a potential bullish set up as price could be unfolding either a Flat or a Double Bottom. Even if it is the...
09
NOV
2014

TWTR: Bullish Watch List

The decline from the October 9 has unfolded a 3-wave down leg but the huge gap down on October 28 has seriously damaged the technical outlook of the stock since price is now below all major moving averages (10, 20, 50, 100, 150 and 200 ma). However momentum inidcators are now...
10
JUN
2014

DUST ( Gold Miners Bear 3x ETF): Long Setup

Reason: The decline from the May high may have formed a Falling Wedge (Short-term bullish patern) I don´t know if price is involved in a larger corrective pattern, in which case if the wedge pans out the following sharp rebound will establish a lower high or if it is the...
12
MAY
2014

GOOGL: Bullish Set Up

05/16/2014 EOD Follow up : I have been stopped out Entry Date: 05/12/2014; Long 529,37; Exit Date 05/16/2014; Exit price: 525.27 (-0.77%) Bullish Setup published on 05/12/2014 I was not fast enough to buy the gap and go of TNA, instead I bought GOOGL Reason : Potential Double...
10
MAY
2014

EUO (Ultra Short EUR ETF): EUR Bearish Watchlist

Undoubtedly I am monitoring the short-term pattern in order to seek an entry-level  in the long side Reason: Completed a Bullish Falling Wedge (Ending Diagonal) An Ending Diagonal can be considered a termination of a larger degree Elliott Wave pattern hence I expect a sharp...
01
APR
2014

IBB ( Nasdaq Biotechnology ETF) : Bulllish Watchlist

04/07/2014: Follow up The bullish setup has been invalidated 04/02/2014: Follow up I did not buy the gap up ( Probably a mistake) The discussed bullish setup reasons  remain valid. Yesterday´s shooting star (And unable to close above the 10dma) may suggest some consolidation. If...
26
MAR
2014

TZA (Smallcap Bear 3 x): IWM Bearish Watchlist

03/27/2014: Follow up ( I am out. Take the money and run) Entry Date: 03/26/2014; Long 16.04; Stop 15.10; Target 17.40; Exit Price 16.59 (+3.40%); Exit Date 03/27/2014 The potential double bottom patterm is underway but eventhough the theoretical target has not been reached yet I...
16
MAR
2014

SPX: Retracing Prior to the Final Advance

(Weekly Analysis) The week ended with a “large” Harami candlestick, which has caused short-term technical damage and casts doubts over a false breakout of the January´s high. In my humble opinion SPX remains vulnerable to more downside with a potential target (Weekly time frame)...
12
MAR
2014

ERY (Energy Sector Bear 3x ETF): XLE Bearish Watchlist

Reason: XLE has failed to carry out a thrust following a Triangle. This failure has turned a bullish pattern into a bearish one with a potential Double Top, which has a theoretical target at 83.74 I don´t have an entry price yet so I will see how price behaves today. Ideally I...
25
OCT
2013

SPX: Follow Up of the Short Term EWP

THE INEVITABLE CORRECTION CAN ONLY BE DELAYED A FEW MORE DAYS At this right moment in my opinion the Ending Diagonal option that I have been discussing since the middle of September remains my preferred pattern (As long as price does not deny it)