Saturday, December 4, 2010

ECA Breakout $29

DVN Breakout $74

ATPG Breakout $15.50, has volume, looks good.

FCX Breakout $109

WHR Breakout $80

MCD Breakout $80

Oil Weekly Chart Update - Breakout has began - Target $103.70 (61.8% Retrace)

Wednesday, December 1, 2010

EUR/USD 4-Hour Chart

E/U still has a lot of work to do if it wants to reverse through that weekly trend line that I talked about in one of my earlier posts. Right now, the fundamentals say down.
Next resistance 31.80. Next big resistance 33.50.
Next support 26.50.
I think a break of our recent 1.2968 lows will bring this all the way down to the 26.50 support level.

Crude Oil Futures Weekly Chart - Setting up to break out big here. TP $100

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