Gold/Silver ratio trending down

May 31, 2009

After 3 months consolidation GOLD/SILVER ratio resume its downtrend targeting 55-57 area

goldsilver


TRENDS – 01 June 2009

May 31, 2009

trends010609

Previous trends post

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.


MSCI EM technical picture is not looking good

May 27, 2009

MSCI


S&P 500 – Descending triangle in a making

May 27, 2009

S&P500 is forming Descending triangle which by definition is a bearish formation. I am not sure whether this one can produce sell off from these levels. My opinion is that technical picture is rather messy here and developed markets now follow Emerging markets (asian ones).  Bonds sell off can explain some recent strength of equities.

Anyway the world now is full of disbalances which are main drivers of trends (medium term trends of S&P is still bullish as shown on graph below) . My advice is to stick to trends and don’t try to overthink the markets.

spx


Long term chart of SILVER & Gold/Silver

May 25, 2009

Source


Commodities outperforming S&P500 but underperforming BRIC

May 23, 2009

It is easy to outperform S&P500 with commodities play but it is not easy to do that vs BRIC

Commodities vs S&P500

commodityvsSPX

Commodities vs BRIC

commodityvsBRIC


Trends 23 May 2009

May 23, 2009

trends230509

previous trends post

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.