Entries by Peter Brandt

Foreign Exchange Idea’s on Watch

(This is an excerpt from the past weekend premium member report published last Friday morning the 22nd)

NZD/USD (CME)

The daily closing price chart provides a clearer picture of the possible inverted H&S bottom than does the daily bar or candlestick chart. I am interested in the long side of NZD.

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Stocks Keep On

(This is an excerpt from the past weekend premium member report published last Friday morning the 1st)

S&P 500 (CME)

The S&P Index is attempting to penetrate the neckline of a 22-month continuation inverted H&S pattern. Note that a 15-week ascending triangle has been completed on the daily chart of the Dec contract. Perhaps this triangle will serve as the launching pad to complete the larger H&S configuration. Factor is long.

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