Gold Triple Top?

There is no shortage of opinion about Gold to be found. The most recent news item for the metal called for a target of $1,600 by the end of 2011. But contradictions abound; commentators talk of recent indecisive trading action, the potential for a new rally, or indeed of significant challenges in the year ahead.

In our last piece on Gold (ETF: GLD) in April of last year I had talked about a continuation of the rally with a target of $127 ($1,270 spot). With that target handily passed, what can the coming months offer? The following video takes a look at what may lay ahead for the precious metal.



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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash.

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FTSE 250 (MIDD) Working Towards Channel Resistance

The FTSE 250 (ETF:MIDD) continued with its push towards channel resistance with 990 the initial upside goal. Trading Strategies were a little quiet with mostly confirmation signals on existing holdings. However, there were two profit target exits for UK strategies: Relative UK sold 888 for a 25% gain and Tri-Indicator UK sold PAY also for a 25% gain.

Commodities Oak

Short Confirmation Entry for SlvUSD (Commodities) at $18.40

Developing a Strategy

Long Confirmation Entry for T (NYSE) at $24.86
Long Confirmation Entry for C (NYSE) at $3.94
Long Entry for DIS (NYSE) at $33.16

Forex Oak

Short Confirmation Entry for CADUSD (FX) at 0.9650

Frankfurt High Winners

Long Confirmation Entry for MUV2 (Frankfurt) at €104.2
Long Confirmation Entry for VOW (Frankfurt) at €71.49
Long Confirmation Entry for MTX (Frankfurt) at €45.78

India Oak

Short Exit at Stop for CRGR (Mumbai) at INR274.8

Mumbai Elm

New Long Target and Stop for MCDL (Mumbai) at INR1402.5 (EoD): Target INR1554.3, Stop INR1271.7

My First Subscribed Strategy

Long Confirmation Entry for BA (NYSE) at $62.85
Long Confirmation Entry for C (NYSE) at $3.94
Long Confirmation Entry for DIS (NYSE) at $33.16

Relative Canada

Long Confirmation Entry for DCI.UN (Toronto) at $16.33
Long Confirmation Entry for AFN (Toronto) at $33.57

Relative UK

Long Exit at Profit Target for 888 (London) at 48p

Short Trender

Short Confirmation Entry for WMT (NYSE) at $49.82
Short Confirmation Entry for WMT (NYSE) at $49.82

Tri-Indicator UK

Long Exit at Profit Target for PAY (London) at 339p

US High Winners

Long Confirmation Entry for T (NYSE) at $24.86
Long Confirmation Entry for C (NYSE) at $3.94
Long Confirmation Entry for DIS (NYSE) at $33.16

US Oak

Short Confirmation Entry for WMT (NYSE) at $49.82

US Strength

Long Confirmation Entry for BA (NYSE) at $62.85
Long Unacted Entry for C (NYSE) at $3.94 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Confirmation Entry for DIS (NYSE) at $33.16

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
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Zignals Trading Strategies That Work

With the FTSE 250 (ETF: MIDD) making modest inroads into yesterday's losses it has been a relatively quiet start for the market. The short term trend continues to push higher towards channel resistance connecting April and June reaction highs (currently at 1,008).

On the Trading Strategy front it was more of a mixed bag with a large number of confirmation signals for existing held (long) positions. There were also a couple of Profit Target Hits for Relative India with VSNL (24% gain) and UK Golden Brown with BRK (44% gain) and the odd short strategy position exited at the stop price.

ASX Price x 20-day MA

Long Entry for WPL (Sydney) at AU$43.34
Long Confirmation Entry for WOW (Sydney) at AU$27.05

BSE Zignals

Long Confirmation Entry for BOB (Mumbai) at INR717.4

Commodity Elm

Long Confirmation Entry for Brent (Commodities) at $74.63

Forex Bull Trender

Long Confirmation Entry for EURUSD (FX) at 1.2610
Long Confirmation Entry for GBPUSD (FX) at 1.5050

Forex Elm

Long Confirmation Entry for CADUSD (FX) at 0.9670

Forex High Winners

Long Confirmation Entry for GBPUSD (FX) at 1.5050

Frankfurt High Winners

New Long Target and Stop for LEO (Frankfurt) at €20.97 (EoD): Target €22.02, Stop €19.92
Long Confirmation Entry for MTX (Frankfurt) at €47.09
Long Confirmation Entry for VOSF (Frankfurt) at €70.64
New Long Target and Stop for AUS (Frankfurt) at €11.11 (EoD): Target €12.65, Stop €10.93
New Long Target and Stop for DEZ (Frankfurt) at €4.56 (EoD): Target €5.03, Stop €4.35
Long Unacted Entry for EOAN (Frankfurt) at €23.22 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for PUM (Frankfurt) at €215.4 (EoD): Entry signal given, but exited position on same stock too recently (7) days ago.

FTSE Elm

Long Entry for ACMG (London) at 183p

India Oak

Short Exit at Stop for CAIRN (Mumbai) at INR324.2

Indian Strength

New Long Target and Stop for VSNL (Mumbai) at INR291.5 (EoD): Target INR317.4, Stop INR270.4
Long Confirmation Entry for GLXO (Mumbai) at INR2062.4

MA Crossover

Long Unacted Entry for IBM (NYSE) at $129.6 (EoD): Entry signal given, but exited position on same stock too recently (9) days ago.
Long Entry for C (NYSE) at $4.28

Relative Canada

Long Unacted Entry for FFN (Toronto) at $4.90 (EoD): Entry signal given, but exited position on same stock too recently (7) days ago.

Relative India

Long Exit at Profit Target for VSNL (Mumbai) at INR290.0

Relative UK

Long Entry for BJU (London) at 158p

Short Trender

Short Exit at Trailing Stop for INTC (Nasdaq) at $22.06

Tri-Indicator Frankfurt

Long Confirmation Entry for GWK3 (Frankfurt) at €33.77

Tri-Indicator UK

New Long Target and Stop for SPT (London) at 119p (EoD): Target 133p, Stop 109p

UK Golden Brown

Long Exit at Profit Target for BRK (London) at 810p

UK High Winners

New Long Target and Stop for BRK (London) at 843p (EoD): Target 930p, Stop 803p
Long Confirmation Entry for JIM (London) at 120p

US Oak

Short Exit at Trailing Stop for INTC (Nasdaq) at $22.06

US Strength

New Long Target and Stop for MSFT (Nasdaq) at $25.45 (EoD): Target $28.17, Stop $23.56

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

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Latest Zignals Trading Strategy Signals

With US markets closed because of the July 4th holiday it was left to European and Asian markets to bumble along. The FTSE 250 ETF (MIDD) is struggling to close last Thursday's breakdown gap with only intraday incursions into the zone. The lack of conviction is worrying with Friday's low (885) a suction point for sellers to draw prices too; curretnly it's trading just below 920 with 926 the gap.

In light of this weak undercurrent my various trading strategies continued to pop out stop signals from long strategies with some short target/stop updates.

ASX Oak

Short Confirmation Entry for WOW (Sydney) at AU$26.77

BSE Zignals 1 mil Rupee

Rupee Long Confirmation Entry for MAZD (Mumbai) at INR116.8

Commodities Oak

Short Entry for GldUSD (Commodities) at $1245.0
Short Confirmation Entry for SlvUSD (Commodities) at $18.66

Forex Bull Trender

Long Confirmation Entry for CADUSD (FX) at 0.9430
Long Confirmation Entry for AUDUSD (FX) at 0.8420
Long Confirmation Entry for NZDUSD (FX) at 0.6860

Forex High Winners

Long Entry for EURUSD (FX) at 1.2260

Frankfurt High Winners

Long Confirmation Entry for RHM (Frankfurt) at €46.10
Long Unacted Entry for LHA (Frankfurt) at €11.39 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.

India Oak

Short Confirmation Entry for KOTAK (Mumbai) at INR772.5
Short Confirmation Entry for CAIRN (Mumbai) at INR293.6

Indian Strength

Long Confirmation Entry for SBI (Mumbai) at INR2314.6

MA Crossover

Long Exit at Stop for IBM (NYSE) at $120.5

Relative UK

Long Unacted Entry for LIO (London) at 79p (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.

Short Trender

New Short Target and Stop for IBM (NYSE) at $121.1 (EoD): Target $102.5, Stop $130.3

UK Golden Brown

Long Exit at Trailing Stop for TBK (London) at 503p

UK High Winners

Long Unacted Entry for JD. (London) at 772p (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
New Long Target and Stop for APF (London) at 272p (EoD): Target 301p, Stop 260p
Long Exit at Stop for MPI (London) at 341p
Long Confirmation Entry for SPT (London) at 108p

US Uber Win

Long Exit at Stop for DIS (NYSE) at $30.80

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

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Zignals Trading Strategy Signals

The FTSE 250 ETF (MIDD) posted another test on 910 trading range support following the last one from the start of June. The opening gap has so far failed to close; a push back to 927 is necessary to prevent a true break(down) gap - a bad omen for 910 support holding. Given action in the U.S. the assumption must be 910 will break and likely 900 too as part of a new downtrend.

In light of this, there were a number of new signals for both long and short of the 58 trading strategies available. Subscribe to any of these strategies to get complete trade signals delivered to your email address.

BSE Zignals

Long Confirmation Entry for ZEE (Mumbai) at INR291.5

Commodities Oak

Short Confirmation Entry for PlaUSD (Commodities) at $1570.6

Developing a Strategy

Long Exit at Stop for HPQ (NYSE) at $43.65

ETF Kauto Star

Long Confirmation Entry for SDS (NYSE) at $37.18
New Long Target and Stop for QID (NYSE) at $20.02 (EoD): Target $21.12, Stop $19.11

ETFs Oak

New Short Target and Stop for SSO (NYSE) at $32.15 (EoD): Target $28.88, Stop $35.30

Forex Oak

Short Confirmation Entry for ZARUSD (FX) at 0.1320
Short Confirmation Entry for EURUSD (FX) at 1.2300

Frankfurt High Winners

Long Exit at Stop for PRAF (Frankfurt) at €5.81
Long Exit at Trailing Stop for SOWF (Frankfurt) at €85.33
Long Confirmation Entry for RHM (Frankfurt) at €46.09

India Oak

Short Confirmation Entry for WRWDT (Mumbai) at INR1325.5

Indian Golden Brown

Long Confirmation Entry for NEST (Mumbai) at INR2891.9
New Long Target and Stop for HPCL (Mumbai) at INR452.7 (EoD): Target INR526.9, Stop INR431.1
Long Unacted Entry for KOTAK (Mumbai) at INR756.5 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Confirmation Entry for ZEE (Mumbai) at INR291.5

Indian High Winners

Long Confirmation Entry for PGRID (Mumbai) at INR101.5
Long Confirmation Entry for ZEE (Mumbai) at INR291.5
Long Exit at Trailing Stop for GACM (Mumbai) at INR113.6
Long Confirmation Entry for TELCO (Mumbai) at INR761.5
Long Confirmation Entry for NEST (Mumbai) at INR2891.9
Long Confirmation Entry for JLVY (Mumbai) at INR1032.0
Long Unacted Entry for KOTAK (Mumbai) at INR756.5 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Confirmation Entry for WRWDT (Mumbai) at INR1325.5

Indian Strength

Long Confirmation Entry for SBI (Mumbai) at INR2289.6

Irish Oak

New Short Target and Stop for AIB (ISEQ) at €0.88 (EoD): Target €0.78, Stop €0.96
Short Confirmation Entry for GCC (ISEQ) at €3.23

Microsoft Follow the Trend

Long Exit at Trailing Stop for MSFT (Nasdaq) at $22.95

Relative Canada

Long Confirmation Entry for DHF.UN (Toronto) at $16.49
Long Confirmation Entry for CHL.UN (Toronto) at $12.43
Long Confirmation Entry for KEY.UN (Toronto) at $26.53
Long Confirmation Entry for NAE.UN (Toronto) at $10.60
Long Exit at Stop for FFN (Toronto) at $5.36
Long Confirmation Entry for NWF.UN (Toronto) at $19.19
Long Entry for WTE.UN (Toronto) at $17.17
Long Confirmation Entry for EIT.UN (Toronto) at $12.69
Long Entry for GDI.UN (Toronto) at $6.60

Relative India

Long Entry for GRSM (Mumbai) at INR1783.6

Relative UK

Long Exit at Stop for STHR (London) at 259p

Relative US Dividend

Long Unacted Entry for BP (NYSE) at $28.79 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.

Short Trender

New Short Target and Stop for MSFT (Nasdaq) at $23.06 (EoD): Target $21.31, Stop $26.05
Short Unacted Entry for CAT (NYSE) at $61.14 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.
New Short Target and Stop for INTC (Nasdaq) at $19.52 (EoD): Target $17.46, Stop $21.34
Short Entry for AAPL (Nasdaq) at $257.1
Short Unacted Entry for AAPL (Nasdaq) at $257.1 (EoD): Entry signal given, but exited position on same stock too recently (9) days ago.
Short Entry for CAT (NYSE) at $61.14

Tri-indicator Canada

Long Exit at Stop for FFN (Toronto) at $5.36

Tri-Indicator UK

Long Exit at Stop for STHR (London) at 258p

UK High Winners

Long Confirmation Entry for BBAY (London) at 284p
Long Unacted Entry for JD. (London) at 757p (EoD): Entry signal given, but exited position on same stock too recently (8) days ago.

US Oak

Short Entry for CAT (NYSE) at $61.14
Short Target and Stop for INTC (Nasdaq) at $19.52 (EoD): Target $17.46, Stop $21.34
Unacted Entry for AAPL (Nasdaq) at $257.1 (EoD): Entry signal given, but exited position on same stock too recently (7) days ago.

US Strength

Long Exit at Trailing Stop for AAPL (Nasdaq) at $250.6
Long Exit at Stop for HPQ (NYSE) at $43.10

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How to Get Started with Zignals

Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!



Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
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FTSE 250 (MIDD) Stalling at Bollinger Mid-Line

With the rally tiring a little at the Bollinger mid-band (aka 20-day MA) with stochastics overbought the chances for another big push higher have dimmed somewhat. However, the initial bearish target for the Right-Hand-Shoulder is still some 25 points away which keeps the short-term trend higher, even if a modest pullback is required before it gets there.

U.S. Jobs data will influence afternoon trading so the quiet action of this morning is of no surprise. If downside is to emerge watch for support at 950.



Yesterday was a busy day for the 58 trading strategies. Australian, Frankfurt, UK and US strategies generated the bulk of the trades.

ASX Price x 20-day MA

Long Confirmation Entry for CCL (Sydney) at AU$11.11
Long Confirmation Entry for STO (Sydney) at AU$12.53
Long Confirmation Entry for ERA (Sydney) at AU$14.10
Long Entry for CPU (Sydney) at AU$11.09
Long Unacted Entry for OSH (Sydney) at AU$5.59 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.
Long Unacted Entry for AMP (Sydney) at AU$5.67 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for ORG (Sydney) at AU$15.11 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for TAH (Sydney) at AU$6.61 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.

BSE Zignals

New Long Target and Stop for BOB (Mumbai) at INR746.1 (EoD): Target INR822.8, Stop INR673.2
Long Confirmation Entry for ZEE (Mumbai) at INR280.6

BSE Zignals 1 mil Rupee

Long Confirmation Entry for HDFC (Mumbai) at INR2748.7
Long Confirmation Entry for HTECH (Mumbai) at INR375.6

Commodity Elm

Long Entry for Brent (Commodities) at $72.41

Developing a Strategy

Long Entry for KO (NYSE) at $52.78
Long Confirmation Entry for IP (NYSE) at $23.14
Long Entry for HPQ (NYSE) at $47.55
Long Confirmation Entry for C (NYSE) at $3.97

Forex High Winners

Long Confirmation Entry for CADUSD (FX) at 0.9510
Long Confirmation Entry for ZARUSD (FX) at 0.1300

Frankfurt High Winners

Long Confirmation Entry for IDS (Frankfurt) at €15.98
Long Confirmation Entry for MRK (Frankfurt) at €60.02
Long Confirmation Entry for SAZ (Frankfurt) at €30.26
Long Entry for BAS (Frankfurt) at €43.94
Long Entry for EOAN (Frankfurt) at €25.10
Long Entry for GBF (Frankfurt) at €45.59
Long Entry for LXS (Frankfurt) at €33.57
Long Entry for MEOF (Frankfurt) at €43.14
Long Entry for PUM (Frankfurt) at €239.5
Long Entry for RWE (Frankfurt) at €58.97
Long Unacted Entry for WCH (Frankfurt) at €105.7 (EoD): Entry signal given, but exited position on same stock too recently (8) days ago.
Long Unacted Entry for DEZ (Frankfurt) at €4.39 (EoD): Entry signal given, but exited position on same stock too recently (9) days ago.
Long Unacted Entry for PFV (Frankfurt) at €58.12 (EoD): Entry signal given, but exited position on same stock too recently (9) days ago.

India Oak

Short Exit at Stop for BOB (Mumbai) at INR748.2

Indian High Winners

Long Confirmation Entry for BHEL (Mumbai) at INR2331.0
Long Entry for TELCO (Mumbai) at INR759.3
Long Entry for ZEE (Mumbai) at INR280.6
Long Unacted Entry for ASOK (Mumbai) at INR61.62 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for UNBK (Mumbai) at INR293.6 (EoD): Entry signal given, but exited position on same stock too recently (9) days ago.
Long Unacted Entry for PGRID (Mumbai) at INR102.3 (EoD): Entry signal given, but exited position on same stock too recently (10) days ago.

Relative Aussie

Long Entry for QBE (Sydney) at AU$19.17

Relative Canada

Long Unacted Entry for VIC.UN (Toronto) at $14.20 (EoD): Entry signal given, but exited position on same stock too recently (8) days ago.

Relative UK

Long Entry for LIO (London) at 91p

Relative US Dividend

Long Unacted Entry for BP (NYSE) at $39.00 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.

UK Golden Brown

Long Entry for CCT (London) at 139p
Long Entry for FDSA (London) at 1307p (EoD) on 03 Jun 10

UK High Winners

Long Confirmation Entry for FDSA (London) at 1307p (EoD) on 03 Jun 10
Long Entry for CARL (London) at 91p (EoD) on 03 Jun 10
Long Entry for CCT (London) at 139p (EoD) on 03 Jun 10
Long Exit at Trailing Stop for SFR (London) at 237p (EoD) on 03 Jun 10
Long Exit at Stop for NARS (London) at 81p (EoD) on 03 Jun 10

US High Winners

Long Confirmation Entry for C (NYSE) at $3.97
Long Confirmation Entry for IP (NYSE) at $23.14
Long Entry for HPQ (NYSE) at $47.55
Long Confirmation Entry for KO (NYSE) at $52.78

Why not start your Zignals Trading Strategy Business with us today? Learn How to promote your Zignals Trading Business with Twitter.

Follow us on twitter here

How to Get Started with Zignals Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!

Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
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FTSE 250 (MIDD) Loses 200-day MA Support

After a brief respite at the 200-day MA the FTSE 250 ETF (MIDD) gapped sharply down and through what was support at the 200-day MA. While an end-of-day charge could still rescue this it's hard to see where such a catalyst could come from. The downside projected targets of 852-840p from the bear flag break remain in play with short stops likely to be lowered to 960 on today's action. The most worrying aspect to today is the huge burden of overhead supply for any rally from these depressed levels.

My 58 different varieties of trading strategies were again busy. Surprisingly, there were a number of long entries but I suspect many of these will exit at stops over the coming days.

BSE Zignals

Long Confirmation Entry for NEST (Mumbai) at INR2850.7
Long Confirmation Entry for HROH (Mumbai) at INR1873.8
Long Confirmation Entry for BOB (Mumbai) at INR686.6
Long Exit at Stop for GRSM (Mumbai) at INR2380.4

Commodities Oak

Short Unacted Entry for GldUSD (Commodities) at $1185.5 (EoD): Entry signal given, but exited position on same stock too recently (7) days ago.

Forex Bull Trender

Long Confirmation Entry for CADUSD (FX) at 0.9350
Long Confirmation Entry for NZDUSD (FX) at 0.6690
Long Unacted Entry for AUDUSD (FX) at 0.8150 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Unacted Entry for ZARUSD (FX) at 0.1260 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.

India Oak

Short Exit at Trailing Stop for JLVY (Mumbai) at INR1124.2
Short Entry for BAJAU (Mumbai) at INR2134.3
Short Entry for ASOK (Mumbai) at INR62.27
Short Confirmation Entry for KOTAK (Mumbai) at INR764.5

Indian Golden Brown

Long Entry for NEST (Mumbai) at INR2850.7

Indian High Winners

Long Confirmation Entry for HROH (Mumbai) at INR1873.8
Long Unacted Entry for BSES (Mumbai) at INR1022.0 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Entry for NEST (Mumbai) at INR2850.7

Microsoft Buy-the-Dips

Long Exit at Trailing Stop for MSFT (Nasdaq) at $26.30

My First Subscribed Strategy

Long Confirmation Entry for GOOG (Nasdaq) at $481.7

Relative Aussie

Long Confirmation Entry for LEI (Sydney) at AU$31.54
Long Entry for AMP (Sydney) at AU$5.55
Long Entry for DJS (Sydney) at AU$4.23
Long Entry for ORG (Sydney) at AU$14.30
Long Entry for TAH (Sydney) at AU$6.42

Relative Forex

Long Entry for NZDUSD (FX) at 0.6690
Long Entry for ZARUSD (FX) at 0.1260

Relative UK

Long Unacted Entry for ACHL (London) at 44p (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.

Relative US Dividend

Long Confirmation Entry for ABT (NYSE) at $47.13

Tri-Indicator Aussie

Long Unacted Entry for OSH (Sydney) at AU$5.41 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.

Tri-Indicator Forex

Long Entry for GBPUSD (FX) at 1.4390

Tri-Indicator Indian

Long Exit at Stop for HALC (Mumbai) at INR148.1

UK Golden Brown

Long Confirmation Entry for TBK (London) at 506p
Long Exit at Trailing Stop for CARL (London) at 90p
Long Exit at Trailing Stop for LTC (London) at 639p

UK High Winners

Long Confirmation Entry for FDSA (London) at 1344p
Long Entry for WOR (London) at 93p
Long Unacted Entry for TBK (London) at 506p (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.

US Strength

Long Entry for GOOG (Nasdaq) at $481.7

If you are looking for a trading strategy then come visit the Trading Strategy MarketPlace where there are 196 strategies covering short and long trades over global stocks, forex and commodities.

Why not start your Zignals Trading Strategy Business with us today? Learn How to promote your Zignals Trading Business with Twitter.

Follow us on twitter here How to Get Started with Zignals Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!

Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash.

Read what others are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
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FTSE 250 Takes a Breather

London markets were attempting to stabilize after last week's heavy selling. For the FTSE 250 ETF (MIDD) the 200-day MA currently at 932.65p should offer some demand given there has been no support test of this key moving average since the break through last April.

Mesured move targets remain following the confirmed break of the neckline, so while a long-side 'buy' offers itself at the 200-day MA it might not last. A rally could go as far as the 50-day MA before enountering significant supply.



Of my 58 trading strategies, it was a busy day for Indian, Canadian and US strategies. Many of the signals were unacted longs triggered by Friday's sharp gains in U.S. markets. Short strategies continue to offer trading opportunities.

ASX Oak

New Short Target and Stop for ORG (Sydney) at AU$14.02 (EoD): Target AU$12.47, Stop AU$15.24

ASX Price x 20-day MA

Long Exit at Stop for WPL (Sydney) at AU$39.56

BSE Zignals

Long Exit at Stop for TELCO (Mumbai) at INR689.8
Long Exit at Stop for CAIRN (Mumbai) at INR268.9

Commodities Oak

Short Entry for SlvUSD (Commodities) at $18.24

Developing a Strategy

Long Exit at Stop for AAPL (Nasdaq) at $231.7

Forex Bull Trender

Long Exit at Trailing Stop for ZARUSD (FX) at 0.1250

Forex Elm

Long Exit at Trailing Stop for AUDUSD (FX) at 0.8150
Long Exit at Trailing Stop for NZDUSD (FX) at 0.6620

Forex High Winners

Long Exit at Stop for AUDUSD (FX) at 0.8320

Frankfurt High Winners

Long Unacted Entry for DAI (Frankfurt) at €38.16 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.
Long Exit at Stop for WCH (Frankfurt) at €98.28

India Oak

New Short Target and Stop for VSNL (Mumbai) at INR240.3 (EoD): Target INR219.6, Stop INR268.3
New Short Target and Stop for ABAN (Mumbai) at INR650.7 (EoD): Target INR617.9, Stop INR755.3
New Short Target and Stop for WRWDT (Mumbai) at INR1291.0 (EoD): Target INR1131.5, Stop INR1382.9
New Short Target and Stop for GRSM (Mumbai) at INR2411.6 (EoD): Target INR2169.0, Stop INR2651.0
New Short Target and Stop for JLVY (Mumbai) at INR1040.8 (EoD): Target INR918.0, Stop INR1122.0
New Short Target and Stop for HDIL (Mumbai) at INR216.5 (EoD): Target INR194.5, Stop INR237.8
New Short Target and Stop for HALC (Mumbai) at INR149.0 (EoD): Target INR134.0, Stop INR163.8
Short Confirmation Entry for ZEE (Mumbai) at INR288.7
New Short Target and Stop for TELCO (Mumbai) at INR682.2 (EoD): Target INR607.6, Stop INR742.6

Indian Golden Brown

Long Confirmation Entry for SBI (Mumbai) at INR2237.5
Long Exit at Trailing Stop for CAIRN (Mumbai) at INR268.9

Indian High Winners

Long Confirmation Entry for SBI (Mumbai) at INR2237.5
Long Exit at Trailing Stop for ONGC (Mumbai) at INR1081.8
Long Exit at Stop for NTML (Mumbai) at INR268.6
Long Exit at Trailing Stop for BAJAU (Mumbai) at INR2035.6

Indian Strength

Long Unacted Entry for CAIRN (Mumbai) at INR269.4 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for JLVY (Mumbai) at INR1032.1 (EoD): Entry signal given, but exited position on same stock too recently (12) days ago.
Long Unacted Entry for ASOK (Mumbai) at INR58.12 (EoD): Entry signal given, but exited position on same stock too recently (14) days ago.

My First Subscribed Strategy

Long Confirmation Entry for CSCO (Nasdaq) at $22.72
Long Confirmation Entry for IBM (NYSE) at $122.4
Long Confirmation Entry for SBUX (Nasdaq) at $24.59
Long Confirmation Entry for DIS (NYSE) at $31.46
Long Confirmation Entry for HPQ (NYSE) at $45.05
Long Unacted Entry for AAPL (Nasdaq) at $233.3 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for IP (NYSE) at $21.22 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.

Relative Aussie

Long Entry for STO (Sydney) at AU$11.27
Long Unacted Entry for ERA (Sydney) at AU$12.73 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.

Relative Canada

Long Confirmation Entry for PEY.UN (Toronto) at $12.78
Long Confirmation Entry for YP.UN (Toronto) at $5.94
Long Confirmation Entry for NWF.UN (Toronto) at $17.56
Long Confirmation Entry for FAP (Toronto) at $6.06
Long Confirmation Entry for DHF.UN (Toronto) at $15.92
Long Confirmation Entry for CHL.UN (Toronto) at $12.08
Long Confirmation Entry for ARF.UN (Toronto) at $18.41
Long Unacted Entry for CHE.UN (Toronto) at $10.45 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for VIC.UN (Toronto) at $14.52 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.

Tri-Indicator Forex

Forex Long Exit at Stop for AUDUSD (FX) at 0.8130

Tri-Indicator Frankfurt

Long Exit at Stop for SDF (Frankfurt) at €37.53

UK High Winners

Long Exit at Trailing Stop for BJU (London) at 174p

US Elm

Long Exit at Trailing Stop for WMT (NYSE) at $50.54

US High Winners

Long Exit at Stop for MSFT (Nasdaq) at $26.48

US Strength

Long Unacted Entry for AAPL (Nasdaq) at $233.3 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.
Long Unacted Entry for CSCO (Nasdaq) at $22.72 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for HPQ (NYSE) at $45.05 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for SBUX (Nasdaq) at $24.59 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for DIS (NYSE) at $31.46 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.
Long Unacted Entry for IP (NYSE) at $21.22 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Confirmation Entry for IBM (NYSE) at $122.4

US Uber Win

US Uber Win Long Exit at Stop for MSFT (Nasdaq) at $26.61

You can subscribe to any of these trading strategies here and get signals sent direct to your email account plus have full access to the strategy portfolio. Alternatively, you can find a strategy from one of the 196 available in the Trading Strategies MarketPlace.

Why not start your Zignals Trading Strategy Business with us today? Learn How to promote your Zignals Trading Business with Twitter.

Follow us on twitter here

How to Get Started with Zignals Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!

Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash.

Read what others are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
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FTSE 250 ETF (MIDD) Gaps to 1,030 but stalls

Yesterday's warm fuzzy glow in the market continued into the morning but from there the market has struggled to make it any headway. April congestion lows of 1,030 have kept a lid on Thursday's advances. If the market was to close where it stood now then the FTSE 250 would finish on a bearish 'shooting star' pattern. In this scenario, bulls will have failed to press their intial advantage and consume supply from sellers - this sows doubt into potential buyers who hold back from entering the market. The doubt leads to an absence of buyers so existing sellers are left to chase falling bids which brings a resulting drop in prices.

It looks like US markets will open lower which will leave 50-day MAs as resistance levels - only the Russell 2000 has some scope to retain this moving average although it will open the day contending with 20-day MA resistance.

It looks like we are going to see how much resolve human participants have versus the bot traders. A gradual drop is unlikely to trigger algorithmic buys so this could be a morale sapping decline to last week's lows.

There are 195 trading strategies available in the Marketplace. Most of Wednesday's signals were long entries although Developing a Strategy had a profit target exit for Starbucks (SBUX) at 29.7%.

BSE Zignals

Long Confirmation Entry for NEST (Mumbai) at INR2726.4
Long Confirmation Entry for HROH (Mumbai) at INR1888.8

Commodities Oak

Short Exit at Stop for GldUSD (Commodities) at $1234.4

Developing a Strategy

Long Exit at Profit Target for SBUX (Nasdaq) at $26.81

Frankfurt High Winners

Long Confirmation Entry for WCH (Frankfurt) at €108.0
Long Confirmation Entry for ADS (Frankfurt) at €43.08
Long Confirmation Entry for WIN (Frankfurt) at €47.90
Long Confirmation Entry for DB1 (Frankfurt) at €54.81
Long Confirmation Entry for SAP (Frankfurt) at €35.70
Long Confirmation Entry for RHM (Frankfurt) at €51.10
Long Entry for DEZ (Frankfurt) at €4.41
Long Unacted Entry for BOS (Frankfurt) at €24.57 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for MAN (Frankfurt) at €68.54 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for PUM (Frankfurt) at €232.5 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for LXS (Frankfurt) at €34.47 (EoD): Entry signal given, but exited position on same stock too recently (12) days ago.
Long Unacted Entry for GBF (Frankfurt) at €49.40 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.

FTSE Elm

Long Entry for PTEC (London) at 451p (EoD) on 12 May 10

Indian Golden Brown

New Long Target and Stop for ASOK (Mumbai) at INR66.33 (EoD): Target INR74.91, Stop INR61.29
Long Unacted Entry for NEST (Mumbai) at INR2726.4 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for JLVY (Mumbai) at INR1207.4 (EoD): Entry signal given, but exited position on same stock too recently (10) days ago.

Indian High Winners

Long Confirmation Entry for JLVY (Mumbai) at INR1207.4
Long Entry for HROH (Mumbai) at INR1888.8
Long Unacted Entry for NEST (Mumbai) at INR2726.4 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
New Long Target and Stop for ASOK (Mumbai) at INR66.33 (EoD): Target INR71.51, Stop INR64.70

My First Subscribed Strategy

New Long Target and Stop for SBUX (Nasdaq) at $27.61 (EoD): Target $30.72, Stop $23.74

Relative Canada

Long Confirmation Entry for VIC.UN (Toronto) at $15.87
Long Confirmation Entry for KEY.UN (Toronto) at $25.98
Long Entry for ARF.UN (Toronto) at $19.99
Long Unacted Entry for NAE.UN (Toronto) at $11.57 (EoD): Entry signal given, but exited position on same stock too recently (11) days ago.

Relative Frankfurt

Long Entry for DTE (Frankfurt) at €9.01
Long Entry for IDS (Frankfurt) at €16.08

Tri-indicator Canada

Long Entry for KEY.UN (Toronto) at $25.98

UK Golden Brown

Long Entry for ACMG (London) at 199p
Long Entry for SFR (London) at 218p

UK High Winners

Long Confirmation Entry for ACMG (London) at 199p
Long Entry for FDSA (London) at 1313p
Long Entry for SFR (London) at 218p
Long Unacted Entry for BILN (London) at 160p (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.

US High Winners

New Long Target and Stop for SBUX (Nasdaq) at $27.78 (EoD): Target $30.72, Stop $26.53

Why not start your Zignals Trading Strategy Business with us today? Learn How to promote your Zignals Trading Business with Twitter.

Follow us on twitter here

How to Get Started with Zignals Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!


Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash.

Read what members are saying about Zignals on Investimonials.com. JOIN US TODAY - IT'S FREE!
Read more!

Hung Parliament - Recovering Market

After yesterday's shock to US markets and this morning's election result it was going to be a hard sell for bulls to step in at the open. However, step in they have. The huge gap down at the open will remain dominant by the close but bulls have made a respectable attempt to pull the markets back.

The problem for non-day traders is whether markets can recover not just today's loss - but also the heavy losses of the past week. For the FTSE 250 ETF (MIDD) there are a number of natural resistance levels overhead and the 50-day MA is the most likely stumbling block for any advance, currently positioned close to psychological resistance of 1,000.



Not surprisingly, subscribers to our US stock trading strategies will have received a swathe of stop trigger emails yesterday. Early morning trading has seen similar intensity in Aussie, Indian and UK position exits. Yesterday's summary signal summary was one of the busiest yet. Over 80% of the trades were stop or trailing stop exits, but there were some long entry signals and of course short entry signals.

ASX Oak

Short Unacted Entry for WAN (Sydney) at AU$7.77 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.

ASX Price x 20-day MA

Long Exit at Trailing Stop for WAN (Sydney) at AU$7.66
Long Exit at Trailing Stop for WOR (Sydney) at AU$25.32

BSE Zignals 1 mil Rupee

Long Confirmation Entry for GAIL (Mumbai) at INR420.3

Commodities Oak

Short Entry for Brent (Commodities) at $85.27
Short Unacted Entry for SlvUSD (Commodities) at $17.91 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.

Developing a Strategy

Long Exit at Stop for BA (NYSE) at $65.63
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.65
Long Exit at Trailing Stop for JPM (NYSE) at $41.36

ETF Elm

New Long Target and Stop for TWM (NYSE) at $19.83 (EoD): Target $24.87, Stop $20.35
Long Exit at Trailing Stop for UWM (NYSE) at $33.97
Long Exit at Stop for DDM (NYSE) at $42.72

ETF Kauto Star

Long Exit at Stop for DDM (NYSE) at $44.39
Long Exit at Stop for SSO (NYSE) at $40.61

ETFs Oak

New Short Target and Stop for DDM (NYSE) at $40.54 (EoD): Target $33.46, Stop $40.90
New Short Target and Stop for QLD (NYSE) at $58.13 (EoD): Target $44.05, Stop $53.84
New Short Target and Stop for SSO (NYSE) at $36.81 (EoD): Target $30.29, Stop $37.02
New Short Target and Stop for UWM (NYSE) at $30.44 (EoD): Target $25.74, Stop $31.46
Short Exit at Trailing Stop for TWM (NYSE) at $20.66

Forex Bull Trender

Long Confirmation Entry for AUDUSD (FX) at 0.9080

Frankfurt High Winners

Long Unacted Entry for GWK3 (Frankfurt) at €28.56 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.

Frankfurt High Winners Long Exit at Trailing Stop for LXS (Frankfurt) at €34.00.

India Oak

New Short Target and Stop for ABAN (Mumbai) at INR1055.9 (EoD): Target INR949.5, Stop INR1160.5
Short Entry for ZEE (Mumbai) at INR285.2
Short Entry for UNBK (Mumbai) at INR305.6
Short Entry for CAIRN (Mumbai) at INR299.6
Short Unacted Entry for NEST (Mumbai) at INR2741.4 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Short Exit at Trailing Stop for GACM (Mumbai) at INR116.7

Indian Golden Brown

New Long Target and Stop for BOB (Mumbai) at INR718.3 (EoD): Target INR793.0, Stop INR648.8

Indian High Winners

Long Confirmation Entry for KOTAK (Mumbai) at INR748.5
Long Confirmation Entry for ONGC (Mumbai) at INR1032.1
Long Exit at Trailing Stop for TELCO (Mumbai) at INR809.7

Indian Strength

New Long Target and Stop for ASOK (Mumbai) at INR65.12 (EoD): Target INR71.44, Stop INR60.86
Long Confirmation Entry for NTML (Mumbai) at INR292.1
Long Unacted Entry for HDIL (Mumbai) at INR250.5 (EoD): Entry signal given, but exited position on same stock too recently (10) days ago.
Long Unacted Entry for GRSM (Mumbai) at INR2595.2 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Exit at Stop for WRWDT (Mumbai) at INR1403.0

Irish Oak

Short Entry for EG7 (ISEQ) at €7.38
Short Entry for CRG (ISEQ) at €19.12
Short Entry for PLS (ISEQ) at €25.78

MA Crossover

Long Exit at Trailing Stop for JPM (NYSE) at $41.08
Long Exit at Trailing Stop for KO (NYSE) at $51.59
Long Exit at Trailing Stop for MSFT (Nasdaq) at $28.69
Long Exit at Trailing Stop for DIS (NYSE) at $33.86
Long Exit at Stop for IBM (NYSE) at $117.2
Long Exit at Trailing Stop for HPQ (NYSE) at $49.39
Long Exit at Stop for T (NYSE) at $24.32
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.20
Long Exit at Trailing Stop for AAPL (Nasdaq) at $244.9
Long Exit at Trailing Stop for CAT (NYSE) at $65.85

Mumbai Elm

Long Exit at Stop for WRWDT (Mumbai) at INR1424.6

My First Subscribed Strategy

Long Exit at Trailing Stop for AAPL (Nasdaq) at $230.9
Long Exit at Trailing Stop for CAT (NYSE) at $61.78
Long Exit at Trailing Stop for INTC (Nasdaq) at $20.10
Long Exit at Trailing Stop for IP (NYSE) at $23.88

Relative Canada

Long Exit at Trailing Stop for CHE.UN (Toronto) at $11.93

Relative ETFs

New Long Target and Stop for DXD (NYSE) at $30.42 (EoD): Target $33.77, Stop $27.63
New Long Target and Stop for SDS (NYSE) at $33.42 (EoD): Target $40.15, Stop $32.85

Relative Forex

Long Exit at Stop for EURUSD (FX) at 1.2820

Relative India

Long Entry for HDIL (Mumbai) at INR250.5

Relative UK

Long Entry for LCG (London) at 107p

Short Trender

New Short Target and Stop for IP (NYSE) at $21.09 (EoD): Target $23.15, Stop $27.17
New Short Target and Stop for INTC (Nasdaq) at $21.82 (EoD): Target $16.92, Stop $21.49
New Short Target and Stop for CSCO (Nasdaq) at $25.04 (EoD): Target $19.75, Stop $25.09
New Short Target and Stop for MSFT (Nasdaq) at $28.33 (EoD): Target $23.72, Stop $30.14
Short Entry for CAT (NYSE) at $65.98 (EoD)
New Short Target and Stop for CAT (NYSE) at $62.68 (EoD): Target $49.30, Stop $62.64
Short Entry for DIS (NYSE) at $35.23
New Short Target and Stop for DIS (NYSE) at $33.47 (EoD): Target $26.35, Stop $33.48
New Short Target and Stop for WMT (NYSE) at $52.40 (EoD): Target $43.80, Stop $55.65
New Short Target and Stop for HPQ (NYSE) at $42.54 (EoD): Target $46.68, Stop $54.80
New Short Target and Stop for C (NYSE) at $4.33 (EoD): Target $3.32, Stop $4.21

Tri-indicator Canada

Long Exit at Stop for CHE.UN (Toronto) at $11.25

Tri-Indicator ETFs

New Long Target and Stop for TWM (NYSE) at $20.03 (EoD): Target $24.87, Stop $20.35
Long Exit at Stop for QID (NYSE) at $13.85

Tri-Indicator UK

New Long Target and Stop for TEP (London) at 338p (EoD): Target 374p, Stop 306p

Tri-Indicator US Dividends

Long Exit at Trailing Stop for CNP (NYSE) at $12.70
Long Exit at Stop for EXC (NYSE) at $42.08
Long Exit at Stop for NGG (NYSE) at $44.33
Long Exit at Trailing Stop for SCG (NYSE) at $35.40
Long Exit at Stop for VZ (NYSE) at $27.64 (EoD) on 06 May 10

UK Golden Brown

Long Exit at Trailing Stop for FDSA (London) at 1267p

UK High Winners

New Long Target and Stop for TEP (London) at 334p (EoD): Target 374p, Stop 323p
Long Confirmation Entry for LIO (London) at 101p
Long Exit at Trailing Stop for POLR (London) at 96p

US Elm

Long Exit at Trailing Stop for AAPL (Nasdaq) at $239.6
Long Exit at Trailing Stop for CAT (NYSE) at $61.72
Long Exit at Stop for CSCO (Nasdaq) at $23.84
Long Exit at Stop for HPQ (NYSE) at $48.85
Long Exit at Stop for INTC (Nasdaq) at $21.66

US High Winners

Long Exit at Stop for HPQ (NYSE) at $44.05
Long Exit at Trailing Stop for INTC (Nasdaq) at $21.23
Long Exit at Stop for JPM (NYSE) at $41.19

US Oak

New Short Target and Stop for HPQ (NYSE) at $44.81 (EoD): Target $37.75, Stop $46.13
New Short Target and Stop for IP (NYSE) at $22.95 (EoD): Target $18.45, Stop $22.55
Short Entry for CAT (NYSE) at $65.98
Short Entry for DIS (NYSE) at $35.23

US Strength

Long Exit at Trailing Stop for BA (NYSE) at $68.43
Long Exit at Stop for C (NYSE) at $4.17
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.20
Long Exit at Trailing Stop for HPQ (NYSE) at $49.39
Long Exit at Stop for INTC (Nasdaq) at $21.46
Long Exit at Stop for JPM (NYSE) at $39.41
Long Exit at Trailing Stop for SBUX (Nasdaq) at $25.20
Long Exit at Trailing Stop for WMT (NYSE) at $51.66

US Uber Win

Long Exit at Stop for BA (NYSE) at $64.21
Long Exit at Trailing Stop for CSCO (Nasdaq) at $25.36
Long Exit at Trailing Stop for INTC (Nasdaq) at $21.19
Long Exit at Stop for JPM (NYSE) at $40.71
Long Exit at Stop for T (NYSE) at $24.26

Why not start your Zignals Trading Strategy Business with us today? Learn How to promote your Zignals Trading Business with Twitter.

Follow us on twitter here

How to Get Started with Zignals Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!

Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash.

Read what others are saying about Zignals on Investimonials.com.

JOIN US TODAY - IT'S FREE!
Read more!

Zignals Trading Strategies That Work; Buyers Go Into Hiding

After an early stint Thursday where shorts were again forced to cover it was the net sellers which eventually won the day. Thursday was almost a battle between shorts; those who needed to cover and those who were preperated to take the risk on the anticipation of further weakness. Additional profit taking from longs added to the volume, which in the end ranked as confirmed distribution.

Today's outlook is little different. The headline "European markets ambivalent over Greek aid plan" neatly summarises the struggles bulls will have convincing anyone markets are offering value at these inflated levels. Markets will fall under their own weight; a lack of participation on the part of buyers will be enough to send markets lower - irrespective of the activity of sellers or shorts.

What will this mean for markets?

For the S&P (SPY) there is a significant convergence between the 20-day MA and $115.09 support; this will be the watch area for Friday or next Monday.



For the FTSE 250 (MIDD) there is still a level of 'euphoria' from breaking psychological 1,000 resistance. But if US markets were to rollover with more concerted selling - then the joy of pushing past 1,000 will be shortlived. However, there are three key trend supports to watch; while I suspect "Trend Support III" will be cracked there is a good chance bulls will find some bottle to step in at "Trend Support II".



Not surprsingly, Thursday's roller coaster day was a busy one on the Signals front; there was even a signal for the normally quiet "Commodities Oak" short strategy; subscribe to it for FREE during Beta in the Trading Strategy MarketPlace.

BSE Zignals

Long Exit at Profit Target for HROH (Mumbai) at INR1931.0

BSE Zignals 1 mil Rupee

Long Exit at Profit Target for HROH (Mumbai) at INR1931.0

Commodities Oak

Short Entry for SlvUSD (Commodities) at $17.03

Developing a Strategy

New Long Target and Stop for JPM (NYSE) at $45.32 (EoD): Target $50.66, Stop $41.45

ETF Heaven - Medium

Long Entry for TWM (NYSE) at $20.02

ETF Heaven - signal lite

Long Entry for TWM (NYSE) at $20.02

Frankfurt High Winners

New Long Target and Stop for ALV (Frankfurt) at €90.38 (EoD): Target €100.2, Stop €86.56
Long Confirmation Entry for DEQ (Frankfurt) at €23.29
Long Confirmation Entry for EOAN (Frankfurt) at €26.60
New Long Target and Stop for HOT (Frankfurt) at €59.08 (EoD): Target €65.98, Stop €56.98
New Long Target and Stop for SAP (Frankfurt) at €35.44 (EoD): Target €39.38, Stop €34.01
New Long Target and Stop for LEO (Frankfurt) at €15.89 (EoD): Target €18.33, Stop €15.83
Long Unacted Entry for SDF (Frankfurt) at €45.69 (EoD): Entry signal given, but exited position on same stock too recently (12) days ago. on 25 Mar 10

India Oak

Short Entry for ACC (Mumbai) at INR959.9
Short Entry for TELCO (Mumbai) at INR737.5
Short Exit at Stop for UNBK (Mumbai) at INR292.7

Indian Golden Brown

Long Confirmation Entry for ZEE (Mumbai) at INR265.5

Indian High Winners

New Long Target and Stop for UNBK (Mumbai) at INR286.7 (EoD): Target INR324.5, Stop INR280.3
Long Unacted Entry for ZEE (Mumbai) at INR265.5 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.

Indian Strength

New Long Target and Stop for UNBK (Mumbai) at INR284.9 (EoD): Target INR324.5, Stop INR271.4
Long Unacted Entry for KOTAK (Mumbai) at INR723.4 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Entry for DLFL (Mumbai) at INR295.6
Long Exit at Stop for HPCL (Mumbai) at INR310.0

MA Crossover

Long Entry for T (NYSE) at $26.48
New Long Target and Stop for HPQ (NYSE) at $53.32 (EoD): Target $59.17, Stop $49.49

My First Subscribed Strategy

New Long Target and Stop for HPQ (NYSE) at $53.48 (EoD): Target $61.86, Stop $45.72

UK Golden Brown

New Long Target and Stop for CCT (London) at 106p (EoD): Target 119p, Stop 97p
Long Exit at Trailing Stop for HSD (London) at 172p (EoD)

UK High Winners

Long Confirmation Entry for TBK (London) at 461p
New Long Target and Stop for CCT (London) at 106p (EoD): Target 113p, Stop 103p
Long Exit at Stop for BILN (London) at 130p
Long Exit at Stop for SFR (London) at 187p

US Oak

Short Exit at Stop for HPQ (NYSE) at $53.53

US Strength

New Long Target and Stop for HPQ (NYSE) at $53.25 (EoD): Target $58.09, Stop $49.49
New Long Target and Stop for C (NYSE) at $4.25 (EoD): Target $4.73, Stop $4.03

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Build a trading strategy in Zignals and potentially earn money too; download our Build a Trading Strategy PDF and get selling (and trading) today!

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Commodities Crash or Opportunity?

Today saw a couple of articles from Mish and Zero Hedge on upcoming doom and gloom in the commodity markets. While short term weakness has given to a more protracted intermediate down phase (potentially lasting up to 6 months), it doesn't mean this is the end for commodities.

Unlike equities markets which enjoyed stellar secular growth from the early eighties, gold and commodities in general, had been languishing up until late 2002 / early 2003 when new secular bull trends kicked off. For gold markets the trend has been obvious:


Oil prices have had a more erratic start to their secular bull market, dropping to the bargain basement price of $30 in late 2008 after a parabolic price surge.


Even Soybean prices have managed to sustain a break of 800 following an earlier failed attempt in 2004.


So while commodities are enjoying a secular bull run this doesn't mean they are immune to cyclical bear markets. Commodities peak in 2008 marked the start of new cyclical bear markets, which will keep sustainable commodity rallies curtailed until 2012-2013. It is clear the recent counter-rally hadn't the juice to challenge former highs so a lengthy trading range is likely to emerge as commodities find their 'fair price', but this shouldn't be viewed as a doom-and-gloom scenario.

Taking Gold as an example, we have seen the 15-month trend crack as it entered an intermediate down trend with the potential to last up to 6 months (assuming this is nothing more than an intermediate-term correction). On a simple count-back we are looking at a downtrend which started 2 months ago and has the legs to last longer. If the trend proves to be on the short-side in terms of time then defined support at $1,025 looks the best place for a reaction low. If the downtrend extends to 6-months (give or take) then a thick band of support, termed the "Value Buyer Zone", between $725 and $850 is a possible catch point.



Irrespective of what happens over the coming 6 months, the prospects for commodity markets over the next next 10-20 years would appear to be brighter than they are for equities, stuck half-way as they are in a secular bear market. The only grey area will be the performance of commodity-based equities? Will they offer the best value of all?

How can you avail of these opportunities? With both commodity and stock prices you can use Zignals Stock Alerts to trigger when certain price points are breached. For example - if you want an alert for when gold gets to $1.025 you can set an alert to trigger on a price cross below $1,026 (GldUSD is the symbol for Gold prices in Zignals). You can apply the same logic for gold prices dropping to $850/oz.

Alternatively, you can create a trading system to take advantage of bullish commodity prices and sell it in the Zignals Trading Strategy MarketPlace (free during Beta).

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies for global markets under the user id: ‘Fallond’, ‘ETFTrader’ and ‘Z_Strategy’ available through the latest rich internet application for finance, the Zignals Dashboard; many are ranked in the top-20 for 3-month and YTD performance.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com; ranked top-20 software product out of 285 listed. Join today - it's free!

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Gold on the Radar?

Babak of Trader's Narrative opens his latest post as follows:

While we’re on the subject of seasonality and how September is the albatross around the stock market’s neck these days, I’d be remiss to not point out that what has been historically negative for equities has been a boon for gold and gold stocks.

he follows

...you’ll notice that during this current super-bull market for gold (which started in 2000) seasonality has shifted slightly. For these most current years (red line) there are really two big waves of positive seasonality for gold and gold stocks. The first is about to start while the second comes after a correction in October and lasts from mid-October to February of the following year.

Gold is currently in the process of forming a symmetrical triangle. An upward break from the triangle will have a minimum target move of $12 to take the ETF to the $106-107 level. An earlier call I made back in April was for a move to $118.69 based on a head-and-shoulder reversal pattern with a then stop of $84.49. That stop could now be better placed on a break of $91.40; a break of $91.40 would confirm a downward break for the triangle (and set a target closer to $79).


On the public Zignals_Alerts via twitter, GLD enjoyed a bullish crossover between 10-day and 13-day EMAs and was added to a provisional "watchlist" portfolio.


Will the next six months be kind to Gold (GLD) and its sister metal, Silver (SLV)?

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Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, stock charts, stock screener and stock portfolio manager website
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