Inverse H&S on USO ?

It looks like inverse head and shoulder is going to be formed on the daily chart if there is price support around $34.

USO continues its climb as resistance is broken

Next stop is $40.

Shorts candidate

PSYS is a short candidate. Weekly chart shows that it was rejected from resistance at around $30. And on the hourly chart, it broke down from the hourly lower trend line.

GOOG is a shorts when it break down its lower trend line

GOOG is a shorts when it breaks down its lower trend line.

IWM exhausted its mini rally and turning back down

I posted on Christmas Eve that IWM is heading down and it looks like it is continue to be so after trying to hug the trend line that it broke out the last two days. Looks like today is a great shorts at this price.

Gold rally going to continue into 2009

$HUI broke resistance and GLD is going to the follow and continue rally into 2009.

USO completed 3 months down trend?

Looks like oil has completed its 3 months down trend. USO is a buy when EMA 12 cross over EMA 26 on the hourly chart.