$AXP posting slightly less than expected earnings $AXP posted slightly less than expected earnings, with the PEAD projecting a neutral outlook for the stock. currently price is trading around the lower boundary of the projected PEAD cone.
Neutral
$CMG posting a disappointing earningsThe PEAD is projecting a neutral outlook for $CMG after it missed its earnings estimate, the price is currently trading below the lower boundary of the PEAD cone.
$DGX posting slightly better than expected earnings$DGX posted slightly better than expected Earnings, but the PEAD still projected a neutral outlook for the stock, with price currently trading around the upper boundary of the PEAD cone.
$SAP posting earnings as estimated with a neutral outlookPEAD is projecting a neutral outlook for the stock after publishing earnings close to the estimate, currently price is trading close to the lower boundary of the projected PEAD.
$ORI posting positive Earnings but outlook stays Neutral$ORI posted better than expected results, but the PEAD projection kept a neutral outlook for the stock, as price is currently trading just below the median line.
EUR/ZAR will the support hold...? 19.1386
We see that price has come back down to the 19.1386 support level.
If price finds support and moves up we could see resistance at the 19.3352 level.
If price breaks through this support and the next support is at 18.9059 level AND if price breaks through this level we could possibly see a big move to the downside.
$CCI posting a disappointing earnings$CCI posted less than expected earning but still the PEAD is projecting a neutral outlook for the price, With price currently trading around the median line.
$VZ Posted less than expected Earning$VZ posted less than expected earning with the PEAD projecting a neutral outlook for the stock price, Currently the price is trading just above the upper boundary of the PEAD cone.
APPLE'S SHIP IS SINKING....FOR NOW? Wedge formation happening, with channel still somewhat intact. Earnings just happens to be when the wedge breaks out ---------> up? down? Who knows, but with the current environment one can only speculate.
Many are bullish here, and options appear to follow suit, though the best wait to play this is a strangle or straddle option strategy. WHO CARES which way it goes, as long as it goes one way and in a violent manner. Play the option out long enough and it could recover the opposite way.
Charts appear to show minor bearish correction. Possible support at 100day? Does it drop to the 90s? WHO CARES! Play the chart in front of you.
$PM Earnings a bit better than expected.$PM posted better than expected Earnings, the PEAD projects a neutral outlook for the stock price, with the current price currently trading just above the median line.
$UBS posting good earning with a neutral projected outlook$UBS posted good earning results compared to the estimate, but the PEAD projection is predicting a neutral outlook for the stock, Currently price is trading just above the upper boundary of the PEAD cone.
AUD/USDAUD
Last week AUD made gains with a rising volume, but the price range is still in a neutral zone. For the time being, no trade is recommended.
If the price breaks the channel upward, it has two resistance zones.
- Sell zone 1, as it is the start of the sell-off 21st September - Strong resistance
- Sell zone 2, a two-year peak - Stronger resistance
- Sell zone 3, every price above the top - Strongest resistance
On these zones, we need to see a lot of supply as sell orders should be allocated based on them.
Remember, supply and demand appear on the opening hours of London and New York, so don't trade on any sign of weakness.
COT
- Noncommercial positions have decreased both, long (-2,7%) and short (-5,6%), as long contracts remain more than short with 7K more.
- Long commercial positions have decreased by 1,8% to 44K, as the short have increased by 1,6% to 60K
$VFC with slight improvement in Earnings $VFC posted earnings with a slight improvement. While the PEAD projection is neutral, Price is currently trading on the lower boundary of the PEAD cone, with some room for an upward move.
$CCK posted Earning as expected$CCK Posted earnings as expected with the PEAD projecting a neutral outlook for the stock, Price is currently trading above the Upper boundary of the PEAD cone.
$HAL posting worse than expected Earnings$HAL posted worse than expected earning with the PEAD projecting a neutral outlook for the stock price, Price is trading around median line.
Gold - NeutralWe still hold a neutral view on gold as there hasn't been too much price action since our last analysis and we would wait for the precious metal to consolidate above $1928 before forming a long view. Gold has been gaining upward momentum over the past few trading sessions due to dollar weakness and hopes of US stimulus so we still see long term upside potential unless there is a major shift in macroeconomic policy.
