Price Time Volume Investing

The charts of oil and gold show significant weakness. Continue reading

The 1×8 Gann angle has served as support in 2006 and 2007. Price is approaching that level (near $6) now. Continue reading

The charts of Gold and Oil appear to be at a place to watch for a bounce. Continue reading

As a follow-up to a post on West Texas Intermediate Term Crude Oil from last Monday, this chart shows price bouncing at the 1×1 Gann angle. This is a logical place for oil to bounce. Continue reading

Crude has moved back to the 50% retrace of the range of the move starting in 1999. The long term chart shows the 1×2 angle of the 1999-2008 move as the true trend of the move. The blowoff phase moved price up to twice the actual slope. Notice how the 1×2 Gann angle is also twice the long term declining slope from 1990-1999. Continue reading

Prices are dropping rapidly showing no hints of future inflation. Continue reading

The Energy ETF (XLE) is following the 8×1 Gann angle down but has hit the 1×2 ascending angle. This often provides support for a few weeks. A move back to the 1×1 descending is not out of the question. Continue reading

Chesapeake Energy (CHK) has given up the all the gains of the breakout from the Oct05-Feb08 move. Price looks to me as if it will hit the upper right hand connect of the box which is at the Oct05 high. Continue reading

Price changes of various economic groups over multiple time spans are discussed with respect to inflation and deflation. Continue reading

The Gold ETF (GLD) hit the 150 calendar day cycle yesterday and may be ready for a bounce. Crude could move back to the 50% retrace of the range of the move starting in 1999. Continue reading

The Nasdaq Composite climbed on higher volume today while the SP500 Index (SPX) rose on lower volume - which maybe be due to more big cap energy issues in the SP500 than on the Nasdaq. Continue reading

The oil market, US Oil Fund (USO) has made five waves up from the 1998. I am not calling a top. I made these charts over the weekend just as a gauge to assess where price is in the cycle. Assuming the oil market does top in a few weeks, these charts will still be valid. Continue reading