Saturday, December 20, 2014

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

Weekly Time Frame Trading & Investing

GOLD @1.194,50. (GOLD Weekly Chart).
Weekly SMA-55 negative and Channel neutral.
CTP mode (Stoploss just above 1.175 hit).
Last TTIP mode since 03-11-2014 as of 1.165,40 ended 18-11-2014 as of 1.196,80 with a loss of 2,69%.
Note: Gold might be in a bottoming process.

COPPER @ 2,91. (COPPER Weekly Chart).
Weekly SMA-55 negative and Channel downslope.
CTP mode (S-P-R ratio not 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 @ 61,38. (BRENT Weekly Chart).
Weekly SMA-55 negative and Channel downslope.
CTP mode (Target @ 70 accomplished).
Last TTIP mode since 03-11-2014 as of 84,78 ended 28-11-2014 as of 70,15 with a profit of 17,26%.

WHEAT @ 633. (WHEAT Weekly Chart).
Weekly SMA-55 positive and Channel upslope.
TTIP mode since 01-12-2014 as of 607,25 (Stoploss just below 520; Target @ 750).
Last TTIP mode since 17-10-2014 as of 517,50 ended 23-10-2014 as of 526 with a loss of 1,64%.
Note: Wheat might be in a bottoming process.

SOYB @ 1.030. (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%.
Note: Soybeans might be in a bottoming process.

XEU @ 122,30. (XEU Weekly Chart).
Weekly SMA-55 negative and Channel downslope.
CTP mode (due to early termination).
Last TTIP mode since 26-09-2014 as of 126,93 ended 30-10-2014 as of 126,14 wit a profit of 0,62%.

SPX @ 2.070,65. (SPX Weekly Chart).
Weekly SMA-55 positive and Channel upslope.
TTIP mode since 25-11-2014 as of 2.067,03 (Stoploss just below 2.010; Target @ 2.130).
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 @ 148,31. (USB Weekly Chart).
Weekly SMA-55 positive and Channel upslope.
CTP mode (S-P-R ratio not long supportive).
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.