LEONES

LEONES

China devalues the yuan. (11Aug15) - date to remember

LEONES

Cocoa (CC) didn't manage to cross the 3400 resistance. Heading lower towards the trendline.

LEONES

INTEL CORP weekly chart doesn't look good..

LEONES

Japanese Yen (JY) bear trend resumes. The HS formation is confirmed. Strenght in the Nikkei and Dollar. Target is on the bear 1/1 Gann line. Probabilily H (High)

LEONES

5-Year T-Note heading to 118'22' support. Monitor for a breakout to the downside. Rate increse on the horizon.

LEONES

British Pound (BP) is on its way to 1.5162. The 1 week consolidation in proximity to the upper parallel offers a good opportunity to enter short the pound. Targeting the median line by the 27 Jul 15. If you zoom-in the last five days have formed a H&S type of pattern on the hourly chart, Medium (M)

LEONES

USD / Chinese Yuan weekly chart - bear flag projecting to 6.11435 support. Look for short opportunities. Probability L (Low)

LEONES

GOLD (GC) is trading at keysupport (1140.0). Below this level I can see only 1000.0. Strong bear trend and weakness in all the metals. Look for selling opportunities. Probability 1 (high)

LEONES

Strength in the dollar. A trade below 0.52000 on Swiss franc (SF) will project the price towards the median line intersection with the next support 1.01620.

LEONES

Major trendline - monitor oil price in the coming weeks. Break below would be painful for the oil industry.

LEONES

Since the beginning of April15 the DAX has been in a downtrend with corrections repeating at constant period. According to this interpretation we should be on the way down to 10000.00.

LEONES

Japanese Yen (JY) reversal is in place. Possible pullback to 0.82000 support at this point can offer an opportunity to add more longs. Ideally the value should retrace to the bull 1/1 Gann line or consolidate above it in a flag formation. The final confirmation will be a trade above the downsloping trenfline 0.83300 with target objective 0.86300.

LEONES

Natural Gas (NG) bullish scenario. If 06Jul15 gap is filled the open short position at 2.730 (-1) should be inverted with (+2) orders. In this case a abullish ABC pattern could develop with 1st target on the median line (3.060). This could be the beginning of a major bull run. Probability: H

LEONES

Natural Gas (NG) gap down on 06July15 will be probably followed by few days of consolidation below the upper parallel. Thursday inventory report could trigger the sell order below 2.730 with target objective 2.580. Monitor. Probabilty = M

LEONES

Crude Oil (CLQ2015) reaches median line. Price likely to consolidate in the 51.00-50.00 area before the next move.

LEONES

Silver (SI) at a key point. Below 15.000 support we will see 14.000, above only the sky. Time is now.

LEONES

Platinum (PLN15) is forming a bottom. A trade above 1100.0 could push the price higher to 1140.0 first and then 1180.0.

LEONES

The Japanese Yen (JY) is forming a reversal. This could be an opportunity for a position trade with targets as indicated in the chart. Main obstacles to be cleared 0.8200 and downsloping trendline.