Posts Tagged ‘Excalibur’

Hope you all had a great weekend.

And, now we’re back to the Euro to continue our study of intraday markets and the Euro in particular this evening.

After opening and going upward in price, I stepped back like I described last week to wait for opportunities to arise to go short this market.

You’d think by the way prices went upward after the rate hike on Friday that the European financial crisis was over.

That’s not the way I’m prepared to bet however.

I think this is a Euro fake-out trade designed to trap traders on the wrong side of an upcoming move.

Only an opinion, but, backed up a little by trend change detected at the 15-minute and 30-minute level.

I see and (more importantly) Excalibur (the trading approach we use to evaluate markets) sees another moment of potential weakness just starting.

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What follows is for MONEY TIGER GROUP MEMBERS EYES ONLY: [Content protected for members only]One of the problems with writing this blog and posting it after working on the charts manually is that I’m a bit behind on the actual trading movement, but, I think it’s important to give you some working examples of how this market could be approached using our method of analysis.

It’s a built-in delay so, by the time this is posted, things may have progressed or been stopped out.

The risk is worth the potential in my opinion on this one, so, let’s see how it progresses throughout the next hours.]

I’ll post again later. – George

Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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Imagine my surprise.

Actually finding some good news on the inflation front.

Here’s a cash chart with what I’m writing about.

Here’s what I see using our ‘Excalibur’ and ‘Stairway’ approach to analyzing charts; a definite down-shifting in price rise momentum is taking place in the Crude Oil market.

I’ll post another chart view of this from the futures perspective next.

As you might know I’m a real believer in establishing only ‘cash equivalent’ type positions in the futures markets – (see the FAQ at the top of the page for more on this), but, it’s important to look at this or any market from several viewpoints’

My interpretation?

Big money is shifting gears, liquidating inventories and taking their profits from the recent run-up and going elsewhere with their cash.

You can’t have a shift in such a economically fundamental part of the money system without it affecting our secret inflation uptrend.

I refer to it as secret as the government denies inflation exists. Does it?

Didn’t the US government just cancel the ‘cost of living’ raises to the social security crowd because there wasn’t inflation? Confused?

Just go by the charts and indicators and not the commentary you read or hear out there.

You can judge whether a price line is going up or down.

Black isn’t White! No matter how many times someone tells you it is.

You can trust what you discern for yourself using Common Sense.

Well, here’s a chart showing many critical consumer prices combined into a index chart formerly known as the CRB Index or Inflation Index.

Sure looks like a steeply increasing inflation trend to me!

Well, all politics aside, the Good News here is that this inflation indicator index has now weakened enough to be resting on our ‘Excalibur’ money tiger line.

That means, in my opinion and that of the method, that Inflation is shifting gears and slowing down at last.

It’s slowing down at a rate greater than anytime in the last 9 months shown on the chart.

That is indeed very good news, especially if the green line is crossed going downward in trend.

With Crude Oil mentioned above as changing trend, there will be a slow-down in inflation expected as well.

Happy New Year! Here’s a good start to the year anyways. More later. - George

Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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