Merlin Rothfeld

Analyst Articles

  Not much to see on the Forex front, but I settled on this Euro trade. Price has rallied strong on a weak dollar and strong equity markets. Whoever, that appears like its about to change! The Euro is stalling at an… Read More

Upward momentum has been building a nice Ascending Triangle for the past couple months. That top line broke today, and it has also been a zone that has had difficulty for the past 6 months! Some may want to just buy the… Read More

  Great shooting star which is right at a strong supply level from late September. This marks... Read More

  Great shooting star which is right at a strong supply level from late September. This marks the third time that price has retreated to these highs, thus weakening the supply level, however, in... Read More

The energy sector has had a pretty stellar couple of weeks, up nearly 23% off the lows established just nine short trading sessions ago! While tempting to chase it, I think the safer bet is to the short side as this rally is also approaching some strong supply zones. Read More

Bearish Harami right into the origin of a big move down (To view this chart in real time, click here: http://t.co/e8Jh9VAE).  Here is how the trade sets up:   — Short below $45.90 — Stop $47.10 — Target $40.67… Read More

After a nice discussion about where the Euro was headed with Sam Evans on today’s Power Trading Radio, I started looking at the 4 hour chart and spotted some nice supply at present levels. You will also see a small double top formation that further adds to the weakness. Read More

The S&P 500 is on a rally that should carry prices into strong supply level that caused prices... Read More

The S&P 500 is on a rally that should carry prices into strong supply level that caused prices to drop just a couple weeks back.This level also lines up with a the 50 SMA. What I find surprising... Read More

We have been watching this market bounce in a large sideways channel for weeks now, and I don’t... Read More

We have been watching this market bounce in a large sideways channel for weeks now, and I don’t see anything that should cause that to change. For this reason I am eager to see price of the SPY... Read More