UUP bullish stock chart pattern
January 10th, 2010 richkUSD index ETF – UUP – is forming bullish stock chart pattern . It offers another opportunity for opening new long trade in this ETF.
Using combination of technical analysis and global macro fundamental analysis to find best stock picks and ETF trading ideas for my own hedge fund
Japan ETF – EWJ – turned bullish
January 7th, 2010 richkEWJ, ETF tracking Japanese stocks, is presenting nice bullish stock chart pattern . Breakout of current chart pattern could lead to rally in EWJ. I wait for good entry point.
Gold is not bullish now
December 27th, 2009 richkI see higher probability for new decline toward 1000 USD mark.
Going to prepare Gold ETF – GLD – short setup for my fund.
USD index changing trend
December 14th, 2009 richkI have noticed that USD Index has broken downtrendline and finished last week stronger. I think we can see start of new USD bullish trend move . I am waiting for this new trend and plan to trade it in my fund accordingly.
This index can be traded directly with ETF stock “UUP”.
Bullish chart pattern in Biotechnology sector
November 30th, 2009 richkI just noticed bullish chart pattern in Biotechnology sector. I am watching situation for possible long entry in IBB Biotechnology ETF stock.
Buyable pullback in EWH – Hong Kong ETF
October 27th, 2009 richkI noticed that current situation on markets has offered nice buying opportunity in International ETFs. I like Hong Kong ETF bullish stock chart.
Technicals are bullish and fundamentals are also good.
Bullish and bearish ETF list
October 18th, 2009 richkDuring my regular analysis I found that there has been already divergence in action of some sectors and their ETFs.
There are 3 groups in sector ETF list in my stock analysis software: Strong (bullish), Neutral, Weak (bearish)
Actually I have in bullish list these ETFs: XLP, RTH, ITA
And in Bearish list these ETFs: BDH, WMH, IYR, XHB
Here is example of WMH index bearish weekly chart.
I am going to prepare some ETF trades with these ETFs in my ETF strategy for my fund.
BDH – weakness on chart
October 8th, 2009 richkBroadband ETF BDH started to be weak. I missed good shorting point yesterday and now I am waiting for another opportunity to initiate short trade
Silver bullish breakout – where to buy again ?
September 22nd, 2009 richkSilver did not realized my bearish scenario and instead of this it did bullish breakout. You can see situation on chart below.
Current technical view is bullish and if silver ETF will make pullback to 14.80 – 15.30 area it can be used as good buying area with possible targets near 18.
British pound found its resistance
September 19th, 2009 richkGBPUSD (british pound FX cross to USD) looks like it found its resistance area. Situation looks for possible further declines in GBP and that every rally to 1.66 area and above could be used as good short selling opportunity.
This idea can be traded by FX (as I do in my fund) or by Currency ETF FXB.
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