Author Archives: pmontesdeoca

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On Friday afternoon, after the shocking Brexit referendum, while being interviewed by CNBC Alan Greenspan stunned his hostswhen he said that things are about as bad as he has ever seen.

“This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I’d love to find something positive to say.”

Strangely enough, he was not refering to the British exodus but to America’s own economic troubles.

Read more here…

Market Update: Gold surges after Brexit becomes reality

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In case you missed it: Published 24th June 2016.

The gold price surged 4% on Friday June 24, as the UK surprised the world by voting to Leave the EU. We expect gold inflows to accelerate as geopolitical and market uncertainty rises. Download full report

Gold fulfils its classic safe haven role

The gold price surged to US$1,315.50/oz on June 24, up from US$1,262.15/oz the day before – its highest level since mid-2014 – providing investors with a much-needed safe haven. Sterling is trading at a 31-year low and world equity markets have plummeted.With Britain voting to exit the European Union, we expect to see strong and sustained inflows into the gold market driven by the staggering level of protracted uncertainty that investors now face.

The Bank of England and the UK Treasury have said that they stand ready to take whatever action is necessary, a mantra that is likely to be repeated by other central banks and governments. In practice, this could mean interest rates move further into negative territory in parts of the world, another positive for gold. Central bank action has already capped the gain in other safe haven assets, with the Swiss National Bank intervening early on Friday.

ETFs, Stocks & Futures Swings Report Trading Instructions June 24, 2015

Header

The Weekly VC Price Momentum Indicator

Signals are automatically generated by integrating electronic
weekly
 statistics with proprietary algorithms.

C OIL

WEEKLY SUMMARY

TREND MOMENTUM: 48.29 Bearish

PRICE MOMENTUM: 48.29 Bearish

PRICE INDICATOR

EXIT LONG:

  S2) 52.11

  S1) 49.84

EXIT SHORTS:

 B1) 46.00

 B2) 44.43

WEEKLY MOVING AVERAGES

The contract closed at 47.57 The market closing below the 9 SMA 48.29 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bulli short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing  below The VC Weekly Price Momentum Indicator of 48.29 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 46.00 – 44.43 levels and go long on a weekly reversal stop. If long, use the 44.43 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 49.84 – 52.11  levels during the week.

ES

WEEKLY SUMMARY

TREND MOMENTUM: 2057 Bearish

PRICE MOMENTUM: 2045 Bearish

PRICE INDICATOR

EXIT LONGS:

  2) 2165

  1) 2092

EXIT SHORTS:

 1) 1972

 2) 1925

WEEKLY MOVING AVERAGES

The contract closed at 2018 The market closing below the 9 SMA 2057  is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 2045 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 1972 – 1925 levels and go long on a weekly reversal stop. If long, use the 1925 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2092 – 2165 levels during the week.  

FFMGF

WEEKLY SUMMARY

TREND MOMENTUM: 0.578 Bearish

PRICE MOMENTUM: 0.558

PRICE INDICATOR

EXIT LONGS:

  S2) 0.652

  S1) 0.604

EXIT SHORTS

    B1)  0.51

    B2) 0.464

WEEKLY MOVING AVERAGES

The contract closed at 0.555. The market closing above the 9 SMA 0.578  is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 0.558 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 0.51 – 0.464 levels and go long on a weekly reversal stop. If long, use the 0.464 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 0.604 – 0.652 levels during the week.  

CORN

WEEKLY SUMMARY

TREND MOMENTUM: 4.04 Bearish

PRICE MOMENTUM: 4.01 Bearish

PRICE INDICATOR

EXIT LONGS:

 2)  4.59

  1) 4.25

EXIT SHORTS

  • 3.67
  • 3.43

WEEKLY MOVING AVERAGES

The contract closed at 3.90 The market closing below the 9 SMA 4.04 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 4.01 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 3.67 – 3.43 levels and go long on a weekly reversal stop. If long, use the 3.43 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 4.25 – 4.59 levels during the week.  

JNUG

WEEKLY SUMMARY

TREND MOMENTUM: 156.62 Bullish

PRICE MOMENTUM: 183.94 Bullish

PRICE INDICATOR

EXIT LONGS:

     2) 244.14

     1) 215.85

EXIT SHORTS:

  • 155.65
  • 123.74

WEEKLY MOVING AVERAGES

The contract closed at 187.55 The market closing above the 9 SMA 156.62  is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 183.94 it confirms that the price momentum is bullish.  A close below  the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 155.65 – 123.74 levels  and go long on a weekly reversal stop. If long, use the 123.74 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 215.84 – 244.14 levels during the week.  

NUGT

WEEKLY SUMMARY

TREND MOMENTUM: 101.44 Bullish

PRICE MOMENTUM:  110.58 Bullish

PRICE INDICATOR

EXIT LONGS

  2) 143.64

  1) 128.83

EXIT SHORTS

    1) 95.76

    2) 77.52

WEEKLY MOVING AVERAGES

The contract closed at 114.01 The market closing above the 9 SMA 101.44 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 110.58, it confirms that the price momentum is bullish.  A close below the VC Weekly, it would negate the bullish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 95.77 – 77.52 levels and go long on a weekly reversal stop. If long, use the 77.52 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 128.82 – 143.64  levels during the week.  

USLV

WEEKLY SUMMARY

TREND MOMENTUM: 17 Bullish

PRICE MOMENTUM: 17.79 Bullish

PRICE INDICATOR

EXIT LONGS:

  2) 19.57

  1) 19.10

EXIT SHORTS

     1) 18.33

    2) 18.01

WEEKLY MOVING AVERAGES

The contract closed at 18.65. The market closing above the 9 SMA 17 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 17.79, it confirms that the price momentum is bullish.  A close below the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 18.33 – 18.01 levels and go long on a weekly reversal stop. If long, use the 18.01 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the  19.10 – 19.57 levels during the week.   

UCO

WEEKLY SUMMARY

TREND MOMENTUM: 12.27 Bearish

PRICE MOMENTUM: 12.31 Bearish

PRICE INDICATOR:

EXIT LONGS:

  1) 13.76

  1) 12.81

EXIT SHORTS

     1) 11.86

    2)  10.86

WEEKLY MOVING AVERAGES

The contract closed at 11.87. The market closing below the 9 SMA 12.27 is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 12.31, it confirms that the price momentum is bearish.  A close above the VC Weekly, it would negate the bearish signal to neutral.

WEEKLY PRICE INDICATOR

Cover short on corrections at the 11.36 – 10.86 levels and go long on a weekly reversal stop. If long, use the 10.86 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 12.81 – 13.76 levels during the week.   

*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed herein constitutes a solicitation of the purchase or sale of any futures or options contracts.

Equity Management Academy

Toll Free: 877-733-1511
Ph: 805-418-1744 Main
E-Fax: 310-281-6919
Email: support@EMA2Trade.com
Twitter: https://twitter.com/EMA2Trade
FaceBook: www.facebook.com/EMA2Trade
YouTube:
Trading Talk

 TRADING DERIVATIVES, FINANCIAL INSTRUMENTS AND PRECIOUS METALS INVOLVES SIGNIFICANT RISK OF LOSS AND IS NOT SUITABLE FOR EVERYONE. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

What Brexit could mean for your money and your business

m02-brexitX

The prospect of Britain leaving the EU is causing widespread jitters. What will it really mean?

With less than a week to go until British voters decide on the future of their country’s relationship with Europe, investors and markets are very jittery indeed.

Britain’s benchmark Ftse 100 index dipped below 6,000 last week for the first time since February, but regained some ground to finish the week just above the 6,000 barrier. Investors are flocking to safer territory, pushing yields on German ten-year bonds – a traditional safe haven – into negative territory for the first time last week. It’s been a tumultuous week for the market.

Read more here…

ETF’s, Futures Swing Trading Instructions weekly 6.17. 2016

Header

 

                           The Weekly VC Price Momentum Indicator

                             

Signals are automatically generated by integrating electronic prices and weekly statistics with proprietary algorithms.

 

C OIL

 

WEEKLY SUMMARY

TREND MOMENTUM: 47.52 Bullish

PRICE MOMENTUM: 47.79 Bullish

PRICE INDICATOR

EXIT LONG

  S2) 51.24

  S1) 49.75

EXIT SHORTS:

 B1) 46.30

 B2) 44.34

 

WEEKLY MOVING AVERAGES

The contract closed at 48.26 The market closing above the 9 SMA 47.52 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing  above The VC Weekly Price Momentum Indicator of 47.79 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 46.30 – 44.34 levels and go long on a weekly reversal stop. If long, use the 44.34 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 49.75 – 51.24  levels during the week.

 

ES

 

WEEKLY SUMMARY

TREND MOMENTUM: 2064 Bearish

PRICE MOMENTUM: 2064 Bearish

PRICE INDICATOR

EXIT LONGS:

  2) 2113

  1) 2086

 

EXIT SHORTS:

 1) 2037

 2) 2015

WEEKLY MOVING AVERAGES

The contract closed at 2060 The market closing below the 9 SMA 2064  is confirmation that the trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 2064 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 2037 – 2015 levels and go long on a weekly reversal stop. If long, use the 2015 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 2086 – 2113 levels during the week.  

 

FFMGF

WEEKLY SUMMARY

TREND MOMENTUM: 0.569 Bullish

PRICE MOMENTUM: 0.595 Bullish

PRICE INDICATOR

EXIT LONGS:

  S2) 0.663

  S1) 0.622

 

EXIT SHORTS

    B1)  0.564

    B2) 0.527

 

WEEKLY MOVING AVERAGES

The contract closed at 0.58. The market closing above the 9 SMA 0.569  is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 0.595 it confirms that the price momentum is bearish. A close above the VC Weekly, it would negate the bearish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 0.554 – 527 levels and go long on a weekly reversal stop. If long, use the 0.527 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 0.622 – 0.663 levels during the week.  

 

CORN

 

WEEKLY SUMMARY

TREND MOMENTUM: 4.03 Bullish

PRICE MOMENTUM: 4.33 Bullish

PRICE INDICATOR

EXIT LONGS:

 2)  4.51

  1) 4.44

 

EXIT SHORTS

 

  • 4.26
  • 4.15

 

WEEKLY MOVING AVERAGES

The contract closed at 4.38 The market closing above the 9 SMA 4.03 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 4.32 it confirms that the price momentum is bullish. A close below the VC Weekly, it would negate the bullish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 4.26 – 4.15 levels and go long on a weekly reversal stop. If long, use the 4.15 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 4.44 – 4.51 levels during the week.  

 

JNUG

 

WEEKLY SUMMARY

TREND MOMENTUM: 149.28 Bullish

PRICE MOMENTUM: 173.65 Bullish

 

PRICE INDICATOR

EXIT LONGS:

     2) 219.25

     1) 195.30

EXIT SHORTS:

  • 149.70
  • 128.05

WEEKLY MOVING AVERAGES

The contract closed at 171.35 The market closing above the 9 SMA 149.28  is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 173.65 it confirms that the price momentum is bearish.  A close above  the VC Weekly, it would negate the bearish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 149.70 – 128.05 levels  and go long on a weekly reversal stop. If long, use the 128.05 as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 195.30 – 220 levels during the week.  

 

NUGT

 

WEEKLY SUMMARY

TREND MOMENTUM: 97.82 Bullish

PRICE MOMENTUM:  107 Bearish

 

PRICE INDICATOR

EXIT LONGS

  2) 129.94

  1) 117.02

EXIT SHORTS

    1) 94.08

    2) 84.06

WEEKLY MOVING AVERAGES

The contract closed at 104.10 The market closing above the 9 SMA 97.82 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 107, it confirms that the price momentum is bullish.  A close below the VC Weekly, it would negate the bullish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 94.08 – 84.06 levels and go long on a weekly reversal stop. If long, use the 81.76 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 119.22 – 131.56  levels during the week.  

 

USLV

 

WEEKLY SUMMARY

TREND MOMENTUM: 16.80 Bullish

PRICE MOMENTUM: 17.86 Bearish

PRICE INDICATOR

EXIT LONGS:

  2) 16.85

  1) 15.86

EXIT SHORTS

     1) 18.85

    2) 19.86

 

WEEKLY MOVING AVERAGES

The contract closed at 17.85. The market closing above the 9 SMA 16.80 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing below The VC Weekly Price Momentum Indicator of 17.86, it confirms that the price momentum is bearish.  A close above the VC Weekly, it would negate the bullish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 16.85 – 15.86 levels and go long on a weekly reversal stop. If long, use the 15.86 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the  18.85 – 19.86 levels during the week.   

 

UCO

 

WEEKLY SUMMARY

TREND MOMENTUM: 12.14 Bullish

PRICE MOMENTUM: 12.23 Bullish

PRICE INDICATOR:

EXIT LONGS:

  1) 13.19

  1) 13.98

EXIT SHORTS

     1) 11.44

    2)  10.48

 

WEEKLY MOVING AVERAGES

The contract closed at 12.39. The market closing above the 9 SMA 12.14 is confirmation that the trend momentum is bullish. A close below the 9 SMA would negate the weekly bullish short-term trend to neutral.

 

WEEKLY MOMENTUM INDICATOR

With the market closing above The VC Weekly Price Momentum Indicator of 12.23, it confirms that the price momentum is bullish.  A close below the VC Weekly, it would negate the bullish signal to neutral.

 

WEEKLY PRICE INDICATOR

Cover short on corrections at the 11.43 – 10.48 levels and go long on a weekly reversal stop. If long, use the 10.48 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 13.19 – 13.98 levels during the week.   

 

*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed herein constitutes a solicitation of the purchase or sale of any futures or options contracts.

 

Patrick MontesDeOca

 

Equity Management Academy

 

Toll Free: 877-733-1511

Ph: 805-418-1744 Main

E-Fax: 310-281-6919

Email: support@EMA2Trade.com

Twitter: https://twitter.com/EMA2Trade

FaceBook: www.facebook.com/EMA2Trade

YouTube: Trading Talk

 

TRADING DERIVATIVES, FINANCIAL INSTRUMENTS AND PRECIOUS METALS INVOLVES SIGNIFICANT RISK OF LOSS AND IS NOT SUITABLE FOR EVERYONE. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

 

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