Natural Gas Technical Analysis (6 July 2016)

Bursting Setup – Natural Gas

Recently we witnessed an intraday breakout in Natural Gas which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

Natural Gas - 60 Minutes

Natural Gas gave this breakout of nearly .200 points after breaking the Lower Price Wall of The Bursting Setup.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

COMEX Silver Technical Analysis (1 July 2016)

Bursting Setup – Silver

Recently we witnessed a significant breakout in Silver which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

COMEX Silver 60 Minutes

COMEX Silver gave this major breakout of nearly 3.100 points after breaking the Upper Price Wall of The Bursting Setup.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

MCX Silver Technical Analysis

Bursting Setup – MCX Silver

Recently we witnessed a breakout in MCX Silver which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

MCX Silver - 60 Minutes

MCX Silver gave this breakout of nearly 1800 points after breaking the Upper Price Wall of 36621.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

Trading Setup Tutorials : "Two-Legged Pullback to Moving Average"

Two-Legged Pullback to Moving Average (M2B, M2S)

Many price action traders claim that two-legged pullbacks are the most reliable trade setups. The variant we are reviewing today is from Al Brooks, who wrote three tomes on price action trading. These three books are not an easy read, but are extremely informative for price action traders.

In his books, he identified a two-legged pullback to the moving average as one of the best trade setups when there is a strong trend.

Before we start, let’s have a basic explanation of counting legs. Any bar that goes higher than the previous bar starts a new leg up. Any bar that goes lower than the previous bar starts a new leg down.

COMEX Gold Technical Analysis

Bursting Setup – COMEX Gold

Recently we witnessed a breakout in COMEX Gold which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

COMEX Gold - 15 Minutes

COMEX Gold gave this breakout of nearly 20 points after breaking the Lower Price Wall of 1231.5 .

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

NYMEX & MCX CrudeOil Technical Analysis

Bursting Setup – NYMEX & MCX CrudeOil

Recently we witnessed a breakout in NYMEX CrudeOil which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

NYMEX CrudeOil - 240 Minutes

NYMEX CrudeOil gave this breakout of nearly 7 points after breaking the Upper Price Wall of 35.32 . 

MCX Silver Technical Analysis

Bursting Setup – MCX Silver

Recently we witnessed a breakout in MCX Silver which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

MCX Silver - 15 Minutes

MCX Silver gave this breakout of nearly 700 points after breaking the Lower Price Wall of 37472. Price Consolidated. Price Pattern was acceptable. Volume Pattern was acceptable.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

MCX Gold Technical Analysis

Bursting Setup – MCX Gold

Recently we witnessed a breakout in MCX Gold which occurred after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

MCX Gold gave this breakout of nearly 300 points after breaking the Upper Price Wall of 29015. Price Consolidated. Price Pattern was acceptable. Volume Pattern was acceptable.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

MCX Lead Technical Analysis

Bursting Setup – MCX Lead

Recently we witnessed a massive breakout in MCX Lead after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

MCX Lead  - 60 Minutes

MCX Lead has already given a breakout of nearly 7 points after breaking the Lower Price Wall of 124. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. Lets see how it goes.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

S&P Futures Technical Analysis

Bursting Setup – S&P Futures

Earlier in the day we have seen a Major Breakout in S&P Futures after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

This is a live example for S&P Futures-

S&P Futures - 240 Minutes

S&P Futures has already given this breakout of nearly 25 points in Intraday after breaking the Upper Price Wall of 1897 followed by a Bull Flag to the upside with an estimated target of 1950-1960 Area. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. Lets see how it goes.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

DOW Technical Analysis

Bursting Setup – DJI (Dow)

Earlier in the day we have seen a Major Breakout after the formation of The Bursting Setup in MCX Gold 11February 2016. This is yet another live example in DOW Futures. The Bursting Setup is a breakout technique developed by The Financial Doctors.

This is a live example for DOW Futures (DJI)-

DOW Futures - 240 Minutes

DOW has already given this breakout of nearly 250 points in Intraday after breaking the Lower Price Wall of 15729. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. Lets see how it goes.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

MCX Gold Technical Analysis

Bursting Setup – MCX Gold

The previous day we discussed about The Bursting Setup formation in 120 Minutes NYMEX CrudeOil Chart 10 February 2016.

Today we witnessed the breaching of Upper Price Wall in MCX Gold of 28527 which is also the high of Bull Flag. Now its possible that we can see 29000-29300 level soon

MCX Gold - 240 Minutes

Price Pattern is acceptable. Volume Pattern is acceptable. It should start its breakout mode anytime. Lets see how it goes.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

NYMEX CrudeOil Technical Analysis

Bursting Setup – NYMEX & MCX CrudeOil

After yesterday's breakout in NYMEX CrudeOil 120 Minutes, this is yet another live breakout example of MCX CrudeOil followed by the breakout in NYMEX CrudeOil. The breakout came into effect after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

This is the live example for MCX CrudeOil-

MCX CrudeOil - 15 Minutes

It broke the Lower Price Wall of 1924. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. It has already given '30 points. Interestingly it is hovering over a Lower Price Wall of “$27.72” in NYMEX CrudeOil.

NYMEX CrudeOil Technical Analysis

Bursting Setup – NYMEX CrudeOil

This is a live breakout example of NYMEX CrudeOil followed by the breakout in MCX CrudeOil. The breakout came into effect after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

This is the live example for NYMEX CrudeOil-

NYMEX CrudeOil - 120 Minutes

It broke the Lower Price Wall of ‘$29.57’. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. It already has given '$1.50' followed by some important support on the downside. Interesting to see where it takes CrudeOil from here on.

MCX Gold Technical Analysis

Bursting Setup – MCX Gold

Earlier this day we discussed about The Bursting Setup formation in 60 Minutes MCX CrudeOil Chart 8 February 2016. And now we are here with yet another success story in MCX Gold.

This is a recent example for MCX Gold-

MCX Gold - 15 Minutes

MCX Gold gave this breakout of nearly 350 points in Intraday after breaking the Upper Price Wall of 28041.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

MCX CrudeOil Technical Analysis

Bursting Setup – MCX CrudeOil

This is a live breakout example of MCX CrudeOil. The breakout should come into effect after breaking the Lower Price Wall of The Bursting Setup, a breakout technique developed by The Financial Doctors.

This is the live example for MCX CrudeOil-

MCX CrudeOil - 60 Minutes

If it breaks the Lower Price Wall of 2107, it should come into breakout mode. Prices are consolidating. Price Pattern is acceptable. Volume Pattern is acceptable.

Also an important point to consider is, a Strong Support Area 2070 – 2090 is just under this level. So this area may act as a reverse point for MCX CrudeOil. Lets see what happens.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor.

DOW Technical Analysis

Bursting Setup – DJI (Dow)

Earlier this week we discussed Indian Futures examples of CIPLA & ACC showing the effect of The Bursting Setup, a breakout technique developed by The Financial Doctors. In the coming days we will see its effect in various Stock Markets and Index around the world.

This is a recent example for DOW 30 (DJI)-

Dow - 15 Minutes

DOW gave this breakout of nearly 250 points in Intraday after breaking the Lower Price Wall of 16325.

For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor

COMEX Gold Technical Analysis

Bursting Setup – COMEX Gold

This is a live breakout example of COMEX Gold followed by the breakout in MCX Gold. The breakout came into effect after the formation of The Bursting Setup, a breakout technique developed by The Financial Doctors.

This is the live example for COMEX Gold-

COMEX Gold - 15 Minutes

It broke the Upper Price Wall of ‘$1133.4’. Prices consolidated. Price Pattern was acceptable. Volume Pattern was acceptable. Lets see where it takes Gold from here on.

Futures Stock Technical Analysis

Bursting Setup – CIPLA & ACC

Till now we have witnessed many commodity market examples of The Bursting Setup, a breakout technique developed by The Financial Doctors. In the coming days we will see its effect in Indian Stock Markets.

This is a recent example for CIPLA -

CIPLA - 15 Minutes

Cipla gave a breakout of 25 points in Intraday after breaking the Lower Price Wall of 589.15

MCX CrudeOil & Silver Technical Analysis

Bursting Setup - CrudeOil & Silver

Earlier this week we discussed about The Bursting Setup, a breakout technique developed by The Financial Doctors. And we promised to come up with some more trade examples in Real Markets.

This is a recent example for MCX CrudeOil -

MCX CrudeOil - 15 Minutes

MCX CrudeOil gave this breakout of nearly 100 points in Intraday after breaking the Upper Price Wall of 2242.