


Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Crude tanked today in what I’m viewing as the beginning of wave C within an A-B-C decline from the March high. Weakness from the March high would consist of 2 equal waves near the January high at 53.93. Low 59.00s is a possible bounce level. For more analysis and ideas, visit scandinavianmarkets.com .
ES is down 2 days in a row (what!?). I'm 'looking' lower. The first big level to know on the downside is 3959/79. This zone is defined by highs from February and March along with the 50 day average. For more analysis and ideas, visit scandinavianmarkets.com .
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join the stream and get exclusive insights.
Note the weekly volume reversal in XLF last week (see scandinavianmarkets.com to view this chart). This is interesting in light of the rotation narrative (value/growth). Previous weekly volume reversals occurred in 2001, 2007, and 2010…great time to prepare for a downturn. Also, 5 waves up from the 2009 low are visible in XLF. The channel is perfect and...
Silver is at the 200 day average for the first time since last May. This is also the center line from the channel off of the February high. A bounce here ‘makes sense’ with resistance near 26. Visit scandinavianmarkets.com for more ideas!
Respect potential for a bounce off of .7564. The setup is to short the underside of the neckline (red line) near .7660. Again, the first downside objective is .7464 but a break below there would open up the head and shoulders target at .7220. Visit scandinavianmarkets.com for more ideas!
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join him for an inspiring FX stream and Q&A.
Jamie brings more than 16 years of experience in analyzing and trading on the foreign exchange markets. Join him for an inspiring FX stream and Q&A.
USDJPY is testing the confluence of trendline resistance from the 2015 high and the bullish fork that originates at the November low. The median line from that fork is now possible support near 106.80. To see more detail on this chart and additional ideas, please visit scandinavianmarkets.com .