Wednesday, September 17, 2014

GOLD, COPPER, BRENT, WHEAT, SOYB, XEU, SPX and USB Daily Update (based on previous business day)

GOLD @1.235,60. Weekly Time Frame Trading & Investing. (GOLD Weekly Chart). Weekly SMA-55 negative and Channel neutral. CTP mode. Last TTIP mode since 27-05-2014 as of 1.263,40 ended 23-06-2014 as of 1.318,40 with a loss of 4,35%.

COPPER @ 3,16. Weekly Time Frame Trading & Investing. (COPPER Weekly Chart). Weekly SMA-55 negative and Channel downslopeCTP mode (S-P-R ratio not yet short supportive). Last TTIP mode since 02-07-2014 as of 3,25 ended 14-08-2014 as of 3,09 with a loss of 4,92%.

BRENT @ 99,05. Weekly Time Frame Trading & Investing. (BRENT Weekly Chart). Weekly SMA-55 negative and Channel downslope. TTIP mode since 11-09-2014 as of 98,08 (Stoploss just above 100; Target Support @ 91). Last TTIP mode since 12-08-2014 as of 103,02 ended 18-08-2014 as of 101,79 with a profit of 1,19%.

WHEAT @ 496,50. Weekly Time Frame Trading & Investing. (WHEAT Weekly Chart). Weekly SMA-55 negative and Channel downslopen. TTIP mode since 11-09-2014 as of 509,50 (Stoploss just above 516; Target Support @ 425). Last TTIP mode since 12-03-2014 as of 683 ended 24-04-2014 as of 695 with a profit of 1,76%.

SOYB @ 981,75. Weekly Time Frame Trading & Investing. (SOYB Weekly Chart). Weekly SMA-55 negative and Channel downslope. CTP mode (due to early termination). Last TTIP mode since 11-09-2014 as of 1.061,25 ended 15-09-2014 as of 987,75 with a profit of 6,93%.

XEU @ 129,62. Weekly Time Frame Trading & Investing. (XEU Weekly Chart). Weekly SMA-55 negative and Channel downslopeCTP mode (early termination; was not too far away from support @ 132,95). Last TTIP mode since 28-07-2014 as of 134,39 ended 11-08-2014 as of 133,85 wit a profit of 0,40%.

SPX @ 1.998,98. Weekly Time Frame Trading & Investing. (SPX Weekly Chart). Weekly SMA-55 positive and Channel upslope. CTP mode (due to early termination). Last TTIP mode since 25-08-2014 as of 1.997,92 ended 04-09-2014 as of 2.000,72 with a profit of 0,14%.

USB @ 136,29. Weekly Time Frame Trading & Investing. (USB Weekly Chart). Weekly SMA-55 positive and Channel upslope. CTP mode. Last TTIP mode since 07-08-2014 as of 138,40 ended 12-09-2014 as of 136,23 with a loss of 1,57%.

For an explanation of the abbreviations and the Trend Trade & Investment Principle see the bottom of this blog. Please also read the disclaimer there.