Carl Swenlin
To Carl Swenlin:Can we short the market now?
Here is what Carl Swenlin thinks about the current weak technicals and why he is staying on the sidelines instead of going short. This decision is based upon the conservative assumption that bull market declines will be short-lived, and that a neutral signal eliminates market exposure during a correction, while at the same time addressing [...]
Carl Swenlin:Long Term Technicals look bullish
I won’t post the full article here but whats more out of the norm for Swenlin’s end of 2009 post is the last monthly price chart with his PMO Oscillator as indiactor: Finally, the monthly chart looks very bullish for the long term (months to years). I say that primarily because the PMO has turned [...]
Trend Watch:Weekly Outlook not looking too good $USO $SPY
Good sunday to all. When it comes to the weekly charts, we haven’t get a clear signal yet. Yes trading short term could be good for you or me, but with large amount of money to deploy alot of question is in what right now. The outlook on the 5 years chart still isn’t clear [...]
Expert’s Central:USO Sell Signal Observed $USO
Carl Swenlin have an article out today. It seems that the continuation patter on the USO did not materialise as the 20EMA broke down from the supporting trend line. Man, it makes me feel using USO to trade oil is a blardy waste of time. by Carl Swenlin September 25, 2009 United States Oil Fund [...]
Expert’s Corner:Carl Swenlin still bullish but cautious
Carl Swenlin still holds the idea that this is a medium term bullish trend. At best we should see a small pullback before resuming higher: At the present it is trying to break out of a rising wedge formation, the opposite of what we normally expect with a bearish formation. This kind of behavior continues [...]
