Peter Brandt’s Charting Tool
Peter’s Crypto Coverage
Recent Posts:
- FREE ChartWizards UpdateMay 4, 2026 - 1:00 pm
Massive bull move coming in grain markets?April 27, 2026 - 6:11 pm
Factor Weekly Update, March 21, 2026 – Sample Weekly ReportMarch 24, 2026 - 3:44 pm
The January Effect 2026 EditionMarch 10, 2026 - 3:22 pm
Long Term Euro Charts Point to Trouble Ahead
/by Peter BrandtFor a considerable period of time I have held a very negative opinion on the Euro. The Euro currency has a complicated history. The Maastricht Treaty of 1992 obligated certain Euro nations to adopt a common currency – although it was not until Jan 2002 that currencies such as the D-Mark were officially replaced by the Euro currency mechanism. It is possible to create a proxy EUR that dates back to 1992. In fact, IMM and proxy price data exist back to the early 1970s. Several technical developments on the EUR graphs are worthy of note.
Stock Market Updates
/by Peter BrandtIt is with some discomfort that I am always pointing out potential tops in the U.S. stock market indexes. But, I must call them as I read them. The S&P daily chart has made ZERO upward progress in 18 months. A possible complex H&S top formation is under construction. Also note the appearance of a 7-week H&S top pattern. I am willing to short this smaller H&S pattern if given a well-defined risk point. I will give up on a bearish interpretation of the S&Ps if a new high is made – but this does not mean I would have any interest in being long in new high territory.
Bullish on the US Dollar Index
/by Peter BrandtI remain a long-term bull on the U.S. Dollar. Like every other chartist in the world, I am well aware that the DX penetrated the important line of support at 93.00 this past week. I had absolutely no desire to short the apparent breakout of this level. In fact, I believe the decline below 92.00 was a gigantic bear trap – bringing in new shorts and washing out stalled longs.
Platinum Continues to Shine
/by Peter BrandtPlatinum
The dominant chart construction in Platinum is the completed 9-month H&S bottom on the weekly and daily graphs with an implied profit target of 1179. Note the near perfect Apr 25 retest of the neckline on the daily chart. The strength on Apr 28 goes a long way to confirm the H&S bottom interpretation.
Apple (AAPL) – Head and Shoulders above the rest.
/by Peter BrandtAs a trader, my favorite chart configuration is the Head and Shoulders. The H&S pattern is easily recognizable (although for reasons I will not go into here, the novice chartist falsely finds the H&S form everywhere), produces far more reliable trading signals than more frequent patterns and is found at major turning points.
Apple has formed H&S patterns at many major turning points in recent years. The Factor has identified, alerted members and traded many of the following H&S patterns in real time.
Chart traders need to keep their eyes on Apple. The H&S pattern, when it occurs in Apple, is always worth a trade. Truly, Apple is head and shoulders above the rest.
Trading Futures and Forex related ETF’s is a foolish way to manage trading capital
/by Peter BrandtWhy trade an ETF when the underlying futures contract can be traded.
Trading an ETF tied to an underlying futures or forex market requires far more capital with less profit potential at the exact same level of risk as directly trading the underlying futures or forex contract. Five examples are provided to make my point.