Weekly Chart Review

I hesitate to say anything bullish about natural gas since it's done nothing for two years but the trend may finally be turning higher.

I hesitate to say anything bullish about natural gas since it's done nothing for two years but the trend may finally be turning higher.

Anybody want some dollars? Anyone? Hello?

Anybody want some dollars? Anyone? Hello?

Brazil is losing the battle over capital flows. I'm beginning to feel uneasy about Brazil. There is a boom going on for sure but it's being driven by capital flows and debt. If the capital flows reverse, they might have a problem.

Brazil is losing the battle over capital flows. I'm beginning to feel uneasy about Brazil. There is a boom going on for sure but it's being driven by capital flows and debt. If the capital flows reverse, they might have a problem.

The same could be said about Australia. I don't know what will trigger a reversal of the capital flows but the rate of ascent isn't sustainable.

The same could be said about Australia. I don't know what will trigger a reversal of the capital flows but the rate of ascent isn't sustainable.

The rise in gold has been pretty rapid too as the dollar keeps falling. Again, not sustainable at this pace so a correction - at least - is probably coming.

The rise in gold has been pretty rapid too as the dollar keeps falling. Again, not sustainable at this pace so a correction - at least - is probably coming.

So much for calling a top on the REITs. This is getting nutty.

So much for calling a top on the REITs. This is getting nutty.

Remember a few years ago when no one wanted silver because it wasn't being used for photo processing? Yeah, neither does anyone else.

Remember a few years ago when no one wanted silver because it wasn't being used for photo processing? Yeah, neither does anyone else.

A shorter term view of the dollar. One might begin to think we're making too many of the darn things.

A shorter term view of the dollar. One might begin to think we're making too many of the darn things.

I've pointed this out a few times recently but here it is again. Emerging market bonds are in a nice short term uptrend. Will it last?

I've pointed this out a few times recently but here it is again. Emerging market bonds are in a nice short term uptrend. Will it last?

I've been out of Colombia for a while but the trend may be turning back up.

I've been out of Colombia for a while but the trend may be turning back up.

Emerging markets are back near the old highs. I'm long and wary.

Emerging markets are back near the old highs. I'm long and wary.

India may be setting up for another move higher. The correction held around the 200 day MA.

India may be setting up for another move higher. The correction held around the 200 day MA.

It hasn't gotten much attention but Ireland's market is trending higher.

It hasn't gotten much attention but Ireland's market is trending higher.

The S&P 500 had a decent week but didn't make new highs. If earnings continue to come in better than expected traders will probably push it to a new high for the move.

The S&P 500 had a decent week but didn't make new highs. If earnings continue to come in better than expected traders will probably push it to a new high for the move.

3 Responses to Weekly Chart Review
  1. [...] Chart Review, Click Here. var a2a_config = a2a_config || {}; a2a_config.linkname=”Weekly Economic and Market Review”; [...]

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  2. Does your style of charting work?

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  3. Technical analysis is only one tool for making investment decisions.

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