adammska

adammska

Going long in COP as a hedge against my long position in USDRUB. Just like Russian currency COP is strongly correlated with Brent. It just bounced off a long-term support. This could become a major bottom. 7% dividend yield is a nice bonus :)

adammska

USDRUB appears to have temporarily decoupled from Brent - could be a sign of intervention. Long USDRUB at 70.90

adammska

My chart shows the price of Brent oil measured in Russian ruble. As you can see the devaluation of Russian currency proceeds in line with the falling price of crude. Oil and gas income accounts for over 50% of federal budget revenue in Russia. Therefore weaker ruble is necessary to offset the effect of lower oil prices. That way pensions will get paid even when...

adammska

IBB needs to turn up here and now. Sustained break of 360 and the nearest support is 330

adammska

This chart shows the performance of NASX vs NYA (logarithmic scale). The resistance line goes back all the way to 2008. Every time NASX/NYA touched the resistance line in the past was followed by a multi-week correction (underperformance of NASX relative to NYA). The action over the last three weeks looks like a classic Evening Star reversal pattern.

adammska

This chart shows the price of Brent oil as measured in RUB. Russian blend is actually called Urals, but I couldn't find data for Urals, so I'm using Brent as a proxy. It strongly correlates with Urals, but a couple of dollars more expensive. Russian budget for 2015 assumes USDRUB=61 & Urals oil=$50, which translates into 3050 RUB per barrel of Urals and roughly...

adammska

This chart shows weekly performance of QQQ vs IWM. The idea is the same as here Assuming orange band resistance holds: 1st target - 34EMA 2nd target -125 EMA 3rd target - rising channel support

adammska

This chart shows weekly performance of QQQ relative to DIA (logarithmic scale). The resistance line goes back all the way to 2007. I'm short QQQ, long DIA. Assuming the resistance holds: 1st target - 8EMA 2nd target - 34EMA 3rd target - 125EMA

adammska

My chart plots weekly performance of NAS100 vs SPX500. Despite the drop last week NAS100 still looks overbought relative to SPX500. Furthermore, last week's candle formed a doji. A much deeper correction is definitely possible in NAS100.

adammska

My chart plots weekly performance of NAS100 vs SPX500. NAS100 has beaten SPX500 by 2.5% all in one week. In the past, sharp weekly moves like this were followed by a retrace. The attraction of retrace is 8EMA. Therefore expecting some weakness into end of month, which should set up a good buying opportunity.

adammska

Looking to open a position, when RSI breaks outside the triangle on a weekly chart.

adammska

This is an update on my post from 25 days ago, and the dollar is still trading around 51 RUB. Looking at the RSI here, I expect to see a big green monthly candle :)

adammska

Good spot to go long here: monthly RSI at a long-term support

adammska

LCI flies away after retesting support at the bottom of the uptrend channel.

adammska

This past week has been total BS. First AAPL collapsed 10% for no reason, broke the uptrend channel, now it rises 4% in a single day... As we can see 20-week MA is a strong support.

adammska

Ascending trendline + 20-week moving average Really don't see it dropping under 100.

adammska

Still in a positive territory today.

adammska

Hourly MACD turns negative. I see no support until 107.50.