The kiwi fell off the tree!
Firstly, check this previous post I wrote back in January. Many months have passed and the Kiwi has fallen, and continues to fall towards the ultimate target of 0.6254. There…
Is Birchcliff Energy running out of gas?
Birchcliff Energy (BIR:TSE) is testing it's long term lower boundary (support) at the 6 area. A breakdown would bring this to sub zero levels. Another possible scenario is a rebound…
Multiple top in progress for High Yield Bond.
A +5 year top formation in progress for SPDR Barclays Capital High Yield Bond (JNK:ARCA). I'm looking at two breakdown lines. One which is a +3 year top formation within the…
Reversal of fortune for Tesla!
Back at March 20th, I wrote a post entitled "Has Tesla Motors Topped Out?". Check it out here. Well time has passed. The monthly candle close below the breakdown line…
Exxon Mobil Corporation on the verge of getting submerged!
On April 8th, I wrote this interessting post for Exxon (XOM:NYSE) to demonstrate the concept of "chart morphing". Check it out here! Some time has passed and the "morphed" chart is…
Eating souvlaki with GREK!
The Global X FTSE Greece 20 ETF is consolidating around important support around the 10 level. I see 2 scenarios possible. Either the bullish reversal after resolving this pattern OR…
SPDR S&P Homebuilders is high rising!
SPDR S&P Homebuilders (XHB:NYSEArca) is on the verge of breaking some +9 year old resistance. Check out the monthly candle chart. That is one HUGE +9 year base. I have…
Going high speed with the First Trust Dow Jones Internet Index.
One of my bullish alerts got triggered for First Trust Dow Jones Internet Index (FDN:ARCA). Here is a look at the 9 year monthly candle chart. After hitting a previous target,…
Yen about to Taoshimasu the Kiwi.
The New Zealand Dollar/Yen forex currency pair has been tracing out a +1 year top formation. After having reached a previous target from a multi year base, the pair is…