Chart of the Week: Thomson Reuters CRB Commodity Index
Thomson Reuters/Core Commodity CRB Index is calculated using arithmetic average of commodity futures prices with monthly rebalancing.
The index consists of 19 commodities sorted into 4 groups, with different weightings:
Energy: 39%
Agriculture: 41%
Precious Metals: 7%
Base/Industrial Metals: 13%.
Technically, index is breaking out of 2009 support turned resistance zone of 197-204 indicating the bullish trend may emerge for commodity sector.
Can WTI Crudeoil rally to $100 or Gold to $2,500?
The time will tell about the levels on these commodities.
But, it is inversely related to equities as money flow from equities to commodities during bullish commodity cycle which we witnessed during 2006-2011.
#KeepItSimple
Thomson Reuters/Core Commodity CRB Index is calculated using arithmetic average of commodity futures prices with monthly rebalancing.
The index consists of 19 commodities sorted into 4 groups, with different weightings:
Energy: 39%
Agriculture: 41%
Precious Metals: 7%
Base/Industrial Metals: 13%.
Technically, index is breaking out of 2009 support turned resistance zone of 197-204 indicating the bullish trend may emerge for commodity sector.
Can WTI Crudeoil rally to $100 or Gold to $2,500?
The time will tell about the levels on these commodities.
But, it is inversely related to equities as money flow from equities to commodities during bullish commodity cycle which we witnessed during 2006-2011.
#KeepItSimple
The Most Under-rated Momentum Indicator | Proven Trading Setups | Brijesh Bhatia
Many technical indicators can show you if the stock is overbought or oversold.
But the problem is, these indicators give you wrong signals most of the time… causing you to lose a large chunk of your potential gains.
Watch this video to learn about the most under-rated momentum indicator. And how you can twist it to get the right trades almost every time.
https://youtu.be/v6K9ADCT-dY
Many technical indicators can show you if the stock is overbought or oversold.
But the problem is, these indicators give you wrong signals most of the time… causing you to lose a large chunk of your potential gains.
Watch this video to learn about the most under-rated momentum indicator. And how you can twist it to get the right trades almost every time.
https://youtu.be/v6K9ADCT-dY
Chart of the Day: Pharma - An Opportunity on your table
Pharma Index to Nifty ratio chart indicates resumption in bullish scenario in Pharma stocks.
As per chart, the pharma index is likely to outperform over Nifty and reversal from our TruStopTM system strengthens our view.
#KeepItSimple
Pharma Index to Nifty ratio chart indicates resumption in bullish scenario in Pharma stocks.
As per chart, the pharma index is likely to outperform over Nifty and reversal from our TruStopTM system strengthens our view.
#KeepItSimple
Fast Profits Daily - My Winning Trading Strategy
This is my system to make consistent profits in the Bank Nifty.
http://www.eqtm.in/p7A5T
This is my system to make consistent profits in the Bank Nifty.
http://www.eqtm.in/p7A5T
The bulls loss is bears gain taking index back 15,700; ends at 15,752 losing 171 points.
The failure to cross 16,000 mark witnessed profit bookings on D-street.
We highlighted Top 3 risk for Nifty which trader’s should keep in their mind.
Watch here - https://youtu.be/QvJMm_rN1mg
Brijesh Bhatia
Research Analyst, Fast Profit Report
The failure to cross 16,000 mark witnessed profit bookings on D-street.
We highlighted Top 3 risk for Nifty which trader’s should keep in their mind.
Watch here - https://youtu.be/QvJMm_rN1mg
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Nifty Auto Index vs US Crude Oil
Do you believe lower Crude prices increase the sales for Auto companies?
If Yes, the stock price says a different story.
The price action of Crude oil and Nifty Auto Index have direct relation.
An outperformance or underperformance to each other is difficult to time but they tend to move in similar trend.
Crude oil prices have corrected by ~15% from the recent highs of $76.95 while Nifty Auto Index is on the verge of breakdown.
It’s time to stay cautious on Auto Index from short-term point of view.
#KeepItSimple
Do you believe lower Crude prices increase the sales for Auto companies?
If Yes, the stock price says a different story.
The price action of Crude oil and Nifty Auto Index have direct relation.
An outperformance or underperformance to each other is difficult to time but they tend to move in similar trend.
Crude oil prices have corrected by ~15% from the recent highs of $76.95 while Nifty Auto Index is on the verge of breakdown.
It’s time to stay cautious on Auto Index from short-term point of view.
#KeepItSimple
Measure the Real Strength Behind Price Trends | Proven Trading Setups | Brijesh Bhatia
Stock price movements can be deceptive. As an investor, how do you identify the real strength behind price trends?
Is the bullish stock really bullish, or is it just a false rally?
Watch this video to learn about Brijesh’s strength indicator system for investors. By using this system you can identify the real strength of bullish or bearish trend. And maximize your potential gains.
https://youtu.be/HdCW1xkWFmE
Stock price movements can be deceptive. As an investor, how do you identify the real strength behind price trends?
Is the bullish stock really bullish, or is it just a false rally?
Watch this video to learn about Brijesh’s strength indicator system for investors. By using this system you can identify the real strength of bullish or bearish trend. And maximize your potential gains.
https://youtu.be/HdCW1xkWFmE
Dow Jones - Heading higher from Support Zone
1. Parallel support zone (green lines)
2. Fibonacci Retracement of 78.60%
3. 100DEMA
4. Stochastic turning northwards from oversold zone
#KeepItSimple
1. Parallel support zone (green lines)
2. Fibonacci Retracement of 78.60%
3. 100DEMA
4. Stochastic turning northwards from oversold zone
#KeepItSimple
MCX Nickel at pocket of Resistance
1. Rising Channel.
2. Probable Double Top.
3. Bearish Engulfing at resistance of channel.
4. Follow-up selling confirming the reversal.
#KeepItSimple
1. Rising Channel.
2. Probable Double Top.
3. Bearish Engulfing at resistance of channel.
4. Follow-up selling confirming the reversal.
#KeepItSimple
Amazon - A to Z for Bulls
Rectangle Breakout and Re-test offers best low risk - high reward trade setup.
#KeepItSimple
Rectangle Breakout and Re-test offers best low risk - high reward trade setup.
#KeepItSimple
Chart of the Day: Nifty Energy Index
Index is at do-or-die level for bulls as its at support of 8-months rising trendline.
The close below 19,000 mark on index will confirm an end to short-term bullish scenario for energy index.
#KeepItSimple
Index is at do-or-die level for bulls as its at support of 8-months rising trendline.
The close below 19,000 mark on index will confirm an end to short-term bullish scenario for energy index.
#KeepItSimple
👍1
The bulls return on D-street as Nifty reclaims 15,800; ends at 15,824 gaining 192 points.
Bulls may have hard time to close above the gap of 18,836-15,890 on last day of the week.
The rally in Midcap and Small cap continues and outperformance over Nifty might prolong for this quarter.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Bulls may have hard time to close above the gap of 18,836-15,890 on last day of the week.
The rally in Midcap and Small cap continues and outperformance over Nifty might prolong for this quarter.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Predict Stock’s Next Move Using Volumes | Proven Trading Setups | Brijesh Bhatia
Volumes play a key role in identifying emerging trends.
They help you track activities of big smart investors.
Watch this video to learn how to use volumes to identify trades with astonishing risk:reward profile.
https://youtu.be/iKrOT6fzts4
Volumes play a key role in identifying emerging trends.
They help you track activities of big smart investors.
Watch this video to learn how to use volumes to identify trades with astonishing risk:reward profile.
https://youtu.be/iKrOT6fzts4
Chart of the Day: Nifty Futures
The Monday gap-down on Nifty and pull-back resisted at the gap area of 15,836-15,890 and trending downwards.
Bulls need to cross 16,000 mark for resumption of bullish momentum or it might trend with bearish to range bound biased.
#KeepItSimple
The Monday gap-down on Nifty and pull-back resisted at the gap area of 15,836-15,890 and trending downwards.
Bulls need to cross 16,000 mark for resumption of bullish momentum or it might trend with bearish to range bound biased.
#KeepItSimple
Lets talk over a cup of COFFEE
ICE US Coffee price has hit 80 months highest level of $195 and heading higher.
Investors should not miss an opportunity to invest in Indian coffee stock.
We discussed with our subscribers in Fast Profits Report. You can subscribe to our report here.
Report https://www.equitymaster.com/fast-profits-report/?utm_source=footer
ICE US Coffee price has hit 80 months highest level of $195 and heading higher.
Investors should not miss an opportunity to invest in Indian coffee stock.
We discussed with our subscribers in Fast Profits Report. You can subscribe to our report here.
Report https://www.equitymaster.com/fast-profits-report/?utm_source=footer
How Fund Managers Spot Winning Stocks | Proven Trading Setups | Brijesh Bhatia
Fund managers don’t buy stocks on a whim. They buy only when they can get the best price in the market.
By using Wyckoff Accumulation Analysis, you can get the same edge as fund managers. And buy your stocks at the best possible price.
Watch this video to learn how to use Wyckoff Accumulation Analysis to spot winning stocks like fund managers.
https://youtu.be/J0uKzDgPZ_M
Fund managers don’t buy stocks on a whim. They buy only when they can get the best price in the market.
By using Wyckoff Accumulation Analysis, you can get the same edge as fund managers. And buy your stocks at the best possible price.
Watch this video to learn how to use Wyckoff Accumulation Analysis to spot winning stocks like fund managers.
https://youtu.be/J0uKzDgPZ_M
Fast Profits Daily - How to Pick Momentum Stocks
Use my trading momentum strategy to increase your trading profits.
http://www.eqtm.in/y8CMx
Use my trading momentum strategy to increase your trading profits.
http://www.eqtm.in/y8CMx
Fast Profits Daily
Chart of the Day: Bitcoin Is this new asset class Exciting & Rewarding? Crypto trading is like visiting an amusement park with ride so fascinating and the biggest ride you see from far away excites to you visit the park, but at the same time you are afraid…
Bitcoin - Is $28,000 the bottom for H2-2021?
The bitcoin (BTCUSD) has formed the Spring / Shakeout low of $28,600 in June 2021 as per Wyckoff Theory.
After posting the low of $29,296 in July 2021, it marked as Last Point of Support (LPS) and trading above the previous swing high of $36,600 confirming the move into the Phase D of Wyckoff Theory.
The volatility is back in cryptos and traders should keep in mind the risk they are taking while trading cryptos, Risk the money what your pocket can afford.
#KeepItSimple
The bitcoin (BTCUSD) has formed the Spring / Shakeout low of $28,600 in June 2021 as per Wyckoff Theory.
After posting the low of $29,296 in July 2021, it marked as Last Point of Support (LPS) and trading above the previous swing high of $36,600 confirming the move into the Phase D of Wyckoff Theory.
The volatility is back in cryptos and traders should keep in mind the risk they are taking while trading cryptos, Risk the money what your pocket can afford.
#KeepItSimple
Chart of the Day: Equal Weighted Sugar Index - A Sweet Tooth
Equal Weighted Sugar Index (EWSI) has resumed its bullish momentum as it break 9 days high.
Stochastic, the momentum indicator is turning bullish after testing the oversold level signaling the bulls are having sweet time.
#KeepItSimple
Equal Weighted Sugar Index (EWSI) has resumed its bullish momentum as it break 9 days high.
Stochastic, the momentum indicator is turning bullish after testing the oversold level signaling the bulls are having sweet time.
#KeepItSimple