Tuesday, July 29, 2014

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

GOLD @1.304. Intermediate Term Trading. (GOLD Weekly Chart). Weekly SMA-55 positive 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 @ 3,24. Intermediate Term Trading. (COPPER Weekly Chart). Weekly SMA-55 positive and Channel upslopeTTIP mode since 02-07-2014 as of 3,25. Last TTIP mode since 07-03-2014 as of 3,08 ended 25-03-2014 as of 2,99 with a profit of 2,92%.

BRENT @ 107,57. Intermediate Term Trading. (BRENT Weekly Chart). Weekly SMA-55 negative and Channel neutral. CTP mode. Last TTIP mode since 17-06-2014 as of 113,45 ended 08-07-2014 as of 108,94 with a loss of 3,98%.

WHEAT @ 533. Intermediate Term Trading. (WHEAT Weekly Chart). Weekly SMA-55 negative and Channel downslopeCTP mode (went down too much too fast). Last TTIP mode since 12-03-2014 as of 683 ended 24-04-2014 as of 695 with a profit of 1,76%.

SOYB @ 1.234. Intermediate Term Trading. (SOYB Weekly Chart). Weekly SMA-55 negative and Channel downslopeCTP mode (went down too much too fast). Last TTIP mode since 25-02-2014 as of 1.387,25 ended since 28-04-2014 as of 1.499,25 with a profit of 8,07%.

XEU @ 134,39. Intermediate Term Trading. (XEU Weekly Chart). Weekly SMA-55 negative and Channel downslope. TTIP mode since 28-07-2014 as of 134,39. Last TTIP mode since 06-03-2014 as of 138,62 ended since 09-05-2014 as of 137,70 wit a loss of 0,66%.

SPX @ 1.978,91. Intermediate Term Trading. (SPX Weekly Chart). Weekly SMA-55 positive and Channel upslopeCTP mode (early termination). Last TTIP mode since 03-06-2014 as of 1.924,24 ended 07-07-2014 as of 1.977,65 with a profit of 2,78%.

USB @137,39. Intermediate Term Trading. (USB Weekly Chart). Weekly SMA-55 positive and Channel neutral. CTP mode. Last TTIP mode since 06-05-2014 as of 135,34 ended 02-07-2014 as of 134,58 with a loss of 0,56%.

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