Category: ETFs

Watching for a short in the Yen

The modest rally in the Yen that we predicted in our February post has advanced nicely. Now price is approaching the area we have been watching for a downward turn.

GLD should rally for several months

It was late August when we suggested that See It Market readers should watch for a pullback in gold prices. In subsequent months, shares in the SPDR Gold Trust (NYSEARCA:GLD) retraced more than 75% of the gains they had made since 2015.

FXB: Expect bounce in British Pound ETF

The British Pound appears to be following the script we described in our July post and refined in our October post. The next phase of the Elliott wave pattern should take the form of a bounce or an upward/sideways consolidation, and other technical tools show how far upward that pattern might reach.

Performance matters: Review and forecast for treasury bonds and TLT

The big-picture pattern in treasury bonds has been working well for several years and has allowed us to predict some major inflections. There are however signs that treasuries and the iShares Barclays 20+ Year Treasury Bond ETF (NASDAQ:TLT) may be ready to move into an entirely new phase. Here we take a quick review of our performance with TLT in 2016 before considering where treasuries should go next.

Performance matters: Review and forecast for Italy fund EWI

It was mid-July when we suggested a countertrend trade in the iShares MSCI Italy ETF (symbol EWI). Although the economic news out of Italy at that time was mostly bad, we thought the Elliott wave chart pattern offered reasons to expect at least a modest bounce from support. We then revisited EWI in November.