China Economy in for a Shock

Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …

Dow Jones Industrial Average (INDEXDJX:.DJI) Short Sell Alert

Shayne Heffernan takes a look at the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI)

Technical Outlook
Short Term: Overbought
Intermediate Term: Bearish
Long Term: Bullish

A long upper shadow occurred. This is typically a bearish signal (particularly when …

Before April’s gold sell off, outflows from ETFs were already obvious, accounting for the bulk of the drop in world gold demand, data from the report show.

The significant …

USD/ZAR South African Rand Outlook

Shayne Heffernan takes a look at the USD/ZAR

USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current …

No Bull Market, Just a Cattle Stampede

At market tops, bullish enthusiasm alters society’s brain chemistry to the point where what should be ridiculed becomes widely acceptable to the cattle rushing towards a terrible day of reckoning.  Case in point is …

Change Your Life, Become a Professional Trader

Live on the beach, travel where ever you want, never have to worry about reporting in to the office, more than a dream it is a reality for many.

While I am involved on a …