Market Timing Update: US Up, Canada Down

March 31st, 2014
in contributors

by Jeff Pierce, Zentrader

In a week where my own personal portfolio experienced more volatility than it has in recent months we look toward a week where I expect some resolution. The Dow appears to be in a large wedge pattern where it should break one way or the other. My timing signal for the Dow and Nasdaq remain under pressure so I wouldn't be surprised to see further downside. The Nasdaq does seem to be in an area where it has bounced in the past and the long term trend when viewing it relative to 200 ema, is up, so that needs to be considered when positioning oneself on the short side.

Follow up:

When looking at the TSX that has been in a bullish uptrend via my timing signal since Feb 18th, which really speaks to how strong gold has been despite it's recent pullback.




Gold really needs to find support near $1275 level if it has a chance of catching a bid.



Weeks ago I felt TLT could rally up to $111-115 level. It could still make it, but ultimately I feel a top remains in for bonds and there is a lot of downside in this market.


March closed trade statistics with tradewithZEN are below. Only a few sub positions currently open, membership closes at 100 due to the fact this is the exact watchlist of stocks I trade from. See complete trade results since June here.

  • 7 winners with avg gain of 9.39%
  • 1 losers at 5.37%


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved