Chart to Watch - Sugar

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of May Sugar (SF.K13.E).

I hope you are having a GREAT week !

This week let's take a look at May Sugar.

Sugar looks to be making a Head and Shoulder base and a breakout to the upside would be bullish.

A Head and Shoulders pattern isn't a completed pattern until there is a neckline breakout. Continue reading "Chart to Watch - Sugar"

Chart to Watch - Natural Gas

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Natural Gas (NG.J13.E).

I hope you are having a GREAT week !

This week let's take a look at April Natural Gas. Continue reading "Chart to Watch - Natural Gas"

Chart to Watch - SPY

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the SPDR S&P 500 (SPY).

I hope you are having a GREAT week !

The all time high for the SPY is 157.52.The current rally high was made on 02/19/13 and was 153.27. Continue reading "Chart to Watch - SPY"

Chart to Watch - VRX

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Valeant Pharmaceuticals International, Inc. (VRX).

I hope you are having a GREAT week !

VRX is on a monthly green MarketClub Trade Triangle and has been an extremely strong stock which suggests there is a good chance this stock will continue higher in the long run.

No matter how strong a stock is there will always be counter trend corrections along the way to higher prices and VRX has started a counter trend correction as shown by the weekly red MarketClub Trade Triangle. Continue reading "Chart to Watch - VRX"

Chart to Watch - BIOF

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of BioFuel Energy Corp. (BIOF).

As always I hope you are having a GREAT week !

This week let's take a look at BIOF, a lower priced stock, that looks to have great upside potential.

BIOF made an explosive rally off the last lows, and has since traded lower and consolidated. Continue reading "Chart to Watch - BIOF"