Tuesday, April 22, 2008


We need large volume to emerge if breakout is to happen but overall strong technicals. If breakout fails, we have support at 110. First upside target is 140.

Sunday, April 20, 2008

Copper Inventories

Copper inventories have declined. Look at the rise from Aug to Jan - about the time of the global hiccup. Inventories back at levels where strong demand fundamentals are driving price - (demand pull inflation)....http://en.wikipedia.org/wiki/Demand_pull_inflation.

Oil keeps the world moving.

Steel keeps the world standing.

Copper keeps the worlds water flowing.

Friday, April 18, 2008


Looking at the VIX(measuring volatility) vs. DJIA, we can see the volatility has broken down and the buying in the DJIA is for real - Look at the volume down here. Look for markets to cool off for a couple of days now - look at the resistance, and coincidently, the Fed meeting soon.

Wednesday, April 16, 2008

To begin...

Pollux Technicals will be nothing more than an attempt to understand the thoughts, ideas, and strategies that shape the trading in todays global markets. Using Technical Analysis, accompanied with -

:weird diatribes
:attempts and fails
:more patterns


-this blog will attempt to make sense of the ever so complicated seas of globalization.


Above is a link to Pollux Technicals. Good (calculated) Luck!