“ETFs Trading Map” for February 1, 2010: “…Commodities ETFs: last week we’ve said that: “USO is now heading for a test of support at 35.48, or the bottom of its short-term trading range…the overall trend remains bearish.” As anticipated, USO rolled over and test support at 35.48 last Friday. Although the overall trend remains bearish, it’s now nearly oversold following recent so…” Subscribers, please login read more.

Capital Essence’s “ETFs Trading Map” for January 19, 2010: “…Commodities ETFs: last week we’ve said that: “USO had rallied to test resistance at the top of its short-term trading range. The overall trend had turned bullish…although let’s noticed that it’s now nearly short-term overbought following recent advance, so we’re not expecting much more upside without at least some consolidations first.” As anticipated, USO pulled back to test support at 38.23, or the white line in the chart. The overall trend had turned…” Subscribers, please login to read more.

the market remains in a secondary downtrend but given that the S&P 500 index is merely 2 percents away from the bottom of its short-term trading range, we are not necessarily looking for a big decline in stocks but rather some sorts of choppy trading actions with bias to the downside over the next couple of days.

市場仍處於二級下跌趨勢之中，但由於標普500指數距離短期交易區間的底部僅2個百分點，我們並不認為市場必然會出現大跌，而是認為未來幾天出現某種震盪、偏空走勢的可能性較大。

“ETFs Trading Map” for November 2, 2009: “…Commodities ETFs: last week we said that: “GLD and USO moved up to test the top of their short-term trading ranges. Although they’re both extremely overbought following recent advance so we should expect some consolidations over the next couple of days. The overall trend continues favor the bullish case.” GLD rebound nicely off support at the middle of its short-term trading range and is now heading for a test of…” Subscribers, please login to read more.