Head & Shoulders Top

The Head & Shoulders Top is a powerful reversal price pattern seen in all markets, instruments, time frames, & price ranges. It presents with the immediate background environment as bullish with up-trending price action. The Head & Shoulders Top represents a basing period with multiple failed attempts by buyers to break through an area of resistance. This can be…

Head & Shoulders Bottom (Inverted)

The Head & Shoulders Bottom (Inverted) is a powerful reversal price pattern seen in all markets, instruments, time frames, & price ranges. It presents with the immediate background environment as bearish with down-trending price action. The Head & Shoulders Bottom represents a basing period with multiple failed attempts by sellers to break through an area…

Brent to Hike

If Syria is invaded by the West, then we should be getting ready for a hike in the price of Brent that some say may reach a much as $150 since it will escalate into a regional problem and affect supplies coming out of Iraq. Société Générale warns that there will be a “significant supply…

Syria: Over by Christmas or Voices from the Past?

French President François Hollande jumped straight in declaring in more Sarkozy-style fashion than ex-President Sarkozy himself that he would attack Syria. That was even before the UN investigators had been shot at by some unidentified people. Then, President Obama and Prime Minister David Cameron, probably for FOMO, got in on the act too. Their fear…

Slavery!

Slavery was meant to have vanished from the face of the Earth, or at least from our modern societies years ago. But, it hasn’t. We all know that. We are enslaved to the grind of daily work, the cog wheels that were set in motion centuries ago and that have only heightened the interconnectedness of…

Japan and US: Much of a Sameness

There’s too much of a sameness about Japan and the USA today. The Land of the Rising Sun and good old Uncle Sam have been copying each other far too much and now it seems as if they are railroading on the same train to the Land of Debt. If they don’t derail soon, then…