tools spotlight
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Premium Update
December 28, 2012, 9:32 AMIn this holiday special edition of the Premium Update, we reveal potential dangers and hidden possibilities that advanced in the year 2012. We look into the future in the light of the Global Trends 2030 report, and the U.S. potentially facing the „fiscal cliff.”
In the technical section, we bring you an in-depth analysis of the latest news:
- The US Dollar Index reaching the long-term resistance line
- The flag pattern and the critical 132 level for the Euro Index
- The remaining trend for the general stock market visible in the S&P 500 chart
- Continuation of the unusual situation shown by our Correlation Matrix
- Bullish and bearish factors for Gold from the long, medium and short-term perspectives, with the last one closely resembling the price action seen late in 2011
- The price of gold from the Canadian Dollar, Australian Dollar, British Pound, Euro and Japanese Yen perspectives
- Declining price of silver
- Caution signals for the gold and silver mining stocks
- Signal from one of the SP Indicators based on the Dec 27, 2012 closing prices
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Premium Update
December 21, 2012, 9:49 AMToday is the last day of the world, at least according to the so-called Mayan Apocalypse. In the recent years we survived multiple "apocalypses", so in case the world will be fine tomorrow, i.e. U.S. heading towards "fiscal cliff", Eurozone trying not to dissolve abruptly and China "not-manipulating" renminbi, we should prepare ourselves for surviving on the precious metals market.
Sunshine Profits empowers you with the tools you need to survive.
This week, we look into:
- Our new chart that did a better job on predicting current market situation than your Editor
- Declining flag pattern in the Euro chart and possible outcome for the US Dollar
- The resumed trend of the general stock market
- Unusual situation shown by the Correlation Matrix
- Gold, which is balancing close to the 300-day moving average and its similar price action to the one we saw in May
- Gold from the Canadian Dollar, Australian Dollar, British Pound, Euro and Japanese Yen perspectives
- Interesting situation in Silver with the next cyclical turning point being close, signals coming from the RSI level and volatile price action accompanied with the high volume levels
- Mining stocks holding remarkably well in spite of heavy declines in gold and silver.
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