Time to Check Out Natural Gas

Will be back soon --

Trade well.

-- Brinkley
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In With the New

I hope everyone had a wonderful holiday season and is looking forward to a prosperous 2012. I will be back on the blog next week and will see you all then. In the meantime ...

Trade well.

-- Brinkley
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Buying Opportunity is Setting Up

Trade well.

-- Brinkley
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Russell Roulette

The chart of the Russell 2000 is working on a nicely defined, if somewhat unorthodox inverse head and shoulders pattern, which should be interesting to watch near-term. The neckline slants sharply upward, which, while not a disqualifier, raises the hurdle for confirmation to occur. Additionally, the whipsaw swings that took place as the left shoulder was forming allow for (but don't require) similar action in the right. Given the structure on the left side, I wouldn't consider the pattern to be invalid unless or until we see a decisive move below the current right shoulder low.

Trade well.

-- Brinkley
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Big Day For the Bulls

Trade well.

- Brinkley
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Bounce Likely Near-term

Trade well.

-- Brinkley
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$SPX

Trade well.

-- Brinkley
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