Institutional Technical Analysis

Folks,

Here's Commerzbank's take on the metals play... On gold, they reckon that it

is still expected to bounce off its February low at 1554.83 and eyes the 1625.77 January low.

Also attached is Standard & Chartered's take (some TA in there!). On gold they have this to say:

Gold – Gold is likely nearing a bottom around the key multiple support area at 1550. Technical momentum indicators appear oversold, which reduces the probability of a larger decline in the near term.

On the S&P, they state the following:

S&P 500 – The S&P 500 is expected to rally higher towards the breakout target of 1572, but momentum indicators point to some tiredness.

More info inside the PDFs.

Good luck!


p.s. Now that I've got a few free minutes, I might pop over to iii's GKP BB and wind up the imbeciles a little bit more

Folks,

Here's UBS' latest report...

More bits on Elliott Wave, and they reckon the SPX have further to go.

Its a good read this - played out as per the technicals and events that created the recent price action.

Good luck people!

Libero wrote:

GGOK wrote: Hi
I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.

Gee

Hi Gee,

Glad its adding some value, and no, there's zero subscription fees, I just hunt these files from the ether and post them here when possible. Ironically, I used to work for UBS when it was SBC (ages ago it seems!), but never took advantage of their trading knowledge - live and learn eh?

There are other Institutional publications too, but alas, they are classed as "Fundamental" views - and these go down like a lead balloon here LoL!

Good luck in your trading!

Hi libero
your more than welcome to post the fundamental views under fundamental
Its always good to have a balance . Thanks mate for all your post

GGOK wrote: Hi
I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.

Gee

Hi Gee,

Glad its adding some value, and no, there's zero subscription fees, I just hunt these files from the ether and post them here when possible. Ironically, I used to work for UBS when it was SBC (ages ago it seems!), but never took advantage of their trading knowledge - live and learn eh?

There are other Institutional publications too, but alas, they are classed as "Fundamental" views - and these go down like a lead balloon here LoL!

Good luck in your trading!

Hi
I read the newsletter with great interest and find them pretty much spot on. For someone like me who doesn't trade everyday with a full time job, it helps to keep the bigger picture in my head.
It is very kind of you to post these on the board. Is there a subscription you pay? I would be happy to share with you.

Gee

Here you go folks,

Fresh from UBS' T/A team...


If I get some free time (and there's none at this point!) - I might try to back test their views over the past say, year, to see how accurate they were...

Just a thought!

Anyway, happy reading and be safe!