OUTPACEsys


OUTPACEsys
Singular Views for Profitable Investing

 
15 May 2009

by Paul DeCaro


Portfolio & Trades
- In the month of April and the beginning of June, we show, once again, extremely positive results, with quick trades,
open for just a few days, delivering anywhere between 5 an 30-40% profits. We are quite happy to see our system continuing to deliver very enticing profits!

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15 May 2009

Market Trends


NASDAQ - Last week we had a signal to close the long positions that gave us great returns since the beginning of March - and we are now working a very complex intersection of the major moving averages that we need to handle carefully.

In the monthly view we had a crossing above the 10 month moving average: no wonder we are now fighting a lot of resistance to cross upwards!

On the weekly scale, NQ came back to its 10 week
moving average, but its momentum support line has not been crossed down, giving some hope for avoiding a fast fall down.

On the other hand, the daily chart is below the 200, 30 and 10 day averages and is inside a down channel. This could be the start of a strong down move. However, as we said, the profile of the monthly and weekly views still leave open the case for a short term down trend, likely to be followed by a mid term bull cycle.



The S&P500 is under the same predicament, where the immediate action is bearish, but the mid- and long-term trends are still up.
























Crude Oil is attempting a comeback, up from the bottom reached in Feb/March, and has been stuck in a three months long
trading range.

The long term view is deep in negative space, while the intermediate-term profile is at an interesting junction, indicating an important crossroad may be coming.

The daily profile is back at short term support, so the stage is set for important days ahead, that will define the new long term trend for oil. We'll stay on the side here.







Gold - Long, mid- and short-term trends are up for gold. No questions to be long on this market, although the next couple days may see a small retreat. Let's check mid-week for new long positions.





Qs
QQQQ - Daily chart










S&P500
Mini-S&P500 - daily chart



US Oil
US Oil - daily chart



Gold
Gold - Daily chart


best trading

Bottom line
:
Our plan for 2009 is to continue following our proven approach and strategies to
  • achieve outstanding returns, and
  • manage a skillfully diversified portfolio
We will do that in the comfort of our safe money management techniques that ensure full control of occasional minor losses while allowing full realization of large profits.

As usual, the full details of our market analysis and real-time trade suggestions will be delivered to you via the
OUTPACEsys e-mail alert system.


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