June 2019 – Peter Brandt

Factor Update, June 29, 2019

June 28, 2019/by Peter Brandt

This content is for members only

Cointelegraph June 27, 2019

June 27, 2019/by Peter Brandt

This content is for members only

Factor Alert, June 24, 2019 — Cautionary signals from U.S. equity markets

June 24, 2019/by Peter Brandt

This content is for members only

This Forex pair once again completed an 11-month falling wedge (a diagonal pattern). Factor established a long position on Friday. I have low expectations for this trade – that could be a good sign. There is the potential for a significant bull trend based on the long-term chart.

Canadian Dollars (CME)

This discussion will bring Factor members back to Jun 2017. The advance in Mar 2016 violated a multi-year parabola. Following the initial rally from the violated parabola, the market corrected in the form of a 13-month channel. The completion of this channel in Jun 2016 produced a 785 BP trading profit for the Factor Tracking Account.

Another channel is forming in the C$. This is a diagonal pattern, so I am cautious. Keep in mind that long CAD futures (the value of the CAD expressed in USD) is the same trade as short spot USD/CAD (the number of CAD that can be purchased by one USD). See the daily chart of futures and spot.

Factor Membership

.

Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:

Trading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print book

Weekend Update: 10-16 pages full of in-depth chart analysis and charting commentary

Alerts: Detailed information on specific charts as unique opportunities present themselves

Market Commentaries: Communications on specific topics regarding market speculation and trading distributed periodically

Webinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questions

Knowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of content

Automatic notifications: Email and social media notifications are sent out when new content is published

.

View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.

Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.

I hope you will consider joining the Factor community.

sig

###

SaveSave

Factor Update, June 21, 2019

June 21, 2019/by Peter Brandt

This content is for members only

Factor Update, June 15, 2019

June 14, 2019/by Peter Brandt

This content is for members only

Factor Update, June 8, 2019

June 8, 2019/by Peter Brandt

This content is for members only

Global Equity Markets

June 4, 2019/by Peter Brandt

Global Equity Markets

(Excerpt from last Friday’s Premium Report)

The S&P cumulative A/D line is rolling over – the type of rollover experienced in the 4th quarter of 2018 is still not visible. Most Global Equity Markets are in strong down-trends or completed significant top patterns this past week.

S&P 500 (CME)

The daily chart has completed a H&S top pattern with a target of 2632.

NY Composite Index

NYA has completed a H&S top. Note that my charting style ignores the early Mar decline. I make no attempt to include this price action as part of the H&S top. I always prefer a horizontal neckline to a slanted neckline.

NASDAQ (CME)

The decline on through the neckline of an H&S top on the daily graph, thus providing a sell signal. Factor is short. All major U.S equity indexes as well as many global indexes displayed clearly defined bearish chart patterns – as a result I extended my sizing on this trade relative to many recent trades, still remaining well under 100 BPs for a risk level. I already began squeezing out risk by the close on Friday by advancing stop protection.

Nikkei Dow (CME)

Perhaps the cleanest H&S breakdown belongs to the Nikkei Dow. The CME contract is shown, although I typically trade the Nikkei at the Osaka Stock Exchange.