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.H13.E).

This week let's take a look at Natural Gas.

The Natural Gas chart put in a monthly green MarketClub Trade Triangle in July and the monthly Triangle has stayed green since.

The red and green weekly MarketClub Trade Triangles since July show the bull swings and counter trend corrections in the larger up trend.

Natural Gas may have put in a correction low for the current counter trend correction. Continue reading "Chart to Watch - Natural Gas"

Chart to Watch - Orange Juice

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 Orange Juice (OJ.H13.E).

I hope you are having a GREAT week !

Orange Juice looks to be the big story right now in the commodity markets.

There is a citrus greening bacteria that is causing the Oranges to rot and this year is the worst year for that since 1969 - 1970.

Orange Juice looks to have made the breakout of a Cup with Handle pattern and all 3 MarketClub Trade Triangles, daily, weekly, and monthly were green as the price broke out of the pattern. Continue reading "Chart to Watch - Orange Juice"

Chart to Watch - SBUX

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 Starbucks Corporation (SBUX).

I hope you are having a GREAT week !

This week let's take a look at SBUX as big things are going on for that stock.

SBUX has put in a weekly and monthly MarketClub green Trade Triangle which means all systems are GO for higher prices as of right now.

SBUX announced it is planning 1500 new stores in the U.S., and is also planning to remodel older stores. Continue reading "Chart to Watch - SBUX"

Chart to Watch - GMCR

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 Green Mountain Coffee Roasters Inc. (GMCR).

I hope you are having a GREAT week !

This week let's take a look at a very Hot Stock Chart !!

GMCR put in a low the last couple weeks in July of this year, then made a strong bull swing in which MarketClub put in a monthly green Trade Triangle which was very important and bullish information to have.

Stocks will almost always come back to test the low and when GMCR tested the low MarketClub went on a red weekly Trade Triangle as GMCR made a higher low. Continue reading "Chart to Watch - GMCR"

Chart to Watch - Copper

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 December Copper (HG.Z12.E).

I hope you are having a GREAT week !

This week we will take a look at December Copper, as it looks to definitely be a Chart to Watch right now!

The monthly MarketClub Trade Triangle is green which means the monthly time frame is bullish.

Copper looks to be forming a Head and Shoulders base, and if it breaks out to the upside MarketClub will put in a green Trade Triangle on the weekly time frame. Continue reading "Chart to Watch - Copper"