Institutional Technical Analysis

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!

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

Hi
I tried to be resourceful and look for the UBS report in the big WWW and came across old ones but none of the new ones from this year. I am most probably being thick, but where exactly in the Ethernet do you find them. I also tried the UBS site and they wanted username and passwords.
I thought I would be helpful and help to look for them, but failed miserably!

Gee

Folks,

Here's UBS' latest take...

Worth a read, but I'm slightly annoyed that they've not commented on Gold!



Be safe trading this market people!


p.s. G - It is out there, but in the interest of avoiding any IP-violation, I'll say that they can be reached from a website capital synthesis (the last thing we need is UBS filing a case!)...

I think Wild13 mentioned the site in another post previously (every post on CV has a gem in it!). In any case, I'm happy to hand over uploading duty to you if you wish!

Take care!

Hi libero
Thanks for the post.
As you do such a great job of posting it up, I will leave it to you. Lol! I thought I would try and help, but I was useless! I will try and find wild 13 post; needle in a haystack!lol! More because I am intrigued about this.

Wild 13- if you read this post, can you give me a hint???

Thanks
G

GGOK wrote: Hi libero
Thanks for the post.
As you do such a great job of posting it up, I will leave it to you. Lol! I thought I would try and help, but I was useless! I will try and find wild 13 post; needle in a haystack!lol! More because I am intrigued about this.

Wild 13- if you read this post, can you give me a hint???

Thanks
G

Hi G
You can use the search facility to find all his post by typing wild13 onto the search.
Hope that helps