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Ross Clark

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Ross Clark has worked forty years in the investment business both as a trader and analyst in the commodity futures business and until recently as an financial advisor and technical analyst with a major investment firm. Ross is well known for his proprietary technical tools which in an integrated fashion, his methods have been successful in credit spreads, the yield curve, industrial commodities, currencies, precious metals and equity markets. His work contributes to a weekly report written for the portfolio manager and individual investor and ChartsandMarkets.com, which publishes on opportunity, supplements the skills of both personal investors and professional traders.

Charts and Markets - Ross Clark - Sequential 9 Setups in Bitcoin, Euro and US Dollar Index. One to four bars corrections are normal. Direct short-term impact on precious metals.

October 5th, 2020 | US Ten-Year Treasury Yield

Charts and Markets - Ross Clark - US Ten-Year Yield generated extreme Capitulation Alerts in March followed by a classic basing pattern. Such action was seen at the bottoms in 1971, ’77, ’83, ’86, ’94 & ’12. Look for the rally to last until a weekly Sequential 9 Sell Setup (9 wkly closes above 4 weeks earlier).  

September 23rd, 2020 | Canadian Dollar

Charts and Markets - Ross Clark - It is a red flag when the Canadian Dollar underperforms commodities.

September 20th, 2020 | DBA Agricultural ETF

Charts and Markets - Ross Clark - This classic Wyckoff accumulation structure has served us well since the monthly Capitulation at the end of June. It is now approaching our initial target around $15.40. October $13 call options are up 100%, 14’s are up 50%.

September 3rd, 2020 | Silver Exhaustion Alerts

Charts and Markets - Ross Clark - Silver continues to mimic the classic action of previous extreme Exhaustion Alerts (1974′, ’79, ’80, ’87, ’06’; 11 & ’16). We are looking for a test of the 50-day exponential moving average.  

August 28th, 2020 | DBA Agricultural EFT

Charts and Markets - Ross Clark - The monthly Capitulation in the DBA in June coupled with a well defined base is seeing prices push steadily towards our minimum target at the 20-month ema.

August 27th, 2020 | Us Ten Year Treasury Yield

Charts and Markets - Ross Clark - The US 10 and 30-Year Treasury yields continue to build a base.

August 21st, 2020 | US Dollar Index

Charts and Markets - Ross Clark - Daily and weekly Capitulations in the US Dollar at the end of July. Now a ‘Spring’ of that low with a nice intraday accumulation pattern.

August 11th, 2020 | Silver 2020

Charts and Markets - Ross Clark - Silver is rolling over from only our sixth Extreme Exhaustion reading since 1970. We have parameters for this correction and the ensuing bounce.

July 26th, 2020 | Gold

Charts and Markets - Ross Clark - A great run in gold to the July 24th target and $1888+ 2.618% Fibonacci measurement. COT tracking positively since June 12th buy signal.

July 22nd, 2020 | Gold

Charts and Markets - Ross Clark - Having broken through the $1817 resistance, gold is moving nicely towards our targeted time window around July 24th for an interim high and a measured objective of $1888.

June 14th, 2020 | Island Tops

Charts and Markets - Ross Clark - Island tops in Dow, SPY, QQQ, NYSE Comp and Russell. A review of the last three decades provides clues as to what to watch for now.  

May 28th, 2020 | Canadian Banks

Charts and Markets - Ross Clark - Breakout from consolidation with expanding volume in Canadian banks.

May 17th, 2020 | S&P 2020

Charts and Markets - Ross Clark - Eleven of the last twelve presidential election years have experienced downward pressure in the markets from April through mid-summer. Resistance is generally at the upper Bollinger and Keltner Bands during that period.

May 11th, 2020 | Gold and Crude Oil

Charts and Markets - Ross Clark - Gold and oil bottoms. Overhead resistance in gold for three months within 1.5% of its high, after the six-week period surrounding oil’s low (05/19, 06/16, 12/11, 04/09, 7/03, 1/02, 4/94, 4/86, 12/80, 9/74 and 8/73).  Charts & Markets Special Offer for New Subscribers: 50% Off Annual Subscriptions through May 16th

May 6th, 2020 | Gold and Crude Oil

Charts and Markets - Ross Clark - Gold typically bottoms before crude oil, but has difficulty advancing further in the three months following the oil bottom.

April 16th, 2020 | US Treasuries

Charts and Markets - Ross Clark - US Treasuries up-ticked from minor oversold “Springboard” dip. Now at resistance and registering a Sequential 13 Sell. Likely to move into a trading range similar to July-Aug 2016.

April 12th, 2020 | Gold

Charts and Markets - Ross Clark - Continued bullish numbers in Gold’s COT data following 14% break in March. Details in this weekend’s report.

April 8th, 2020 | S&P Futures

Charts and Markets - Ross Clark - Be cautious. Any loss of upside momentum should retrace 62% of the rally from the March low. Our analysis of eleven similar Downside Capitulations in the last two decades shows a 55% chance of testing or taking out the March low.

April 6th, 2020 | Gold

Charts and Markets - Ross Clark - The RSI readings of the Commercials and Non-Commercials in gold futures are back into neutral territory. The 14% decline in price is close to the 15% – 18% breaks seen following the bearish divergences in 2008, ’09, ’14 and ’16.  

March 25th, 2020 | Spy

Charts and Markets - Ross Clark - 38% retracement rallies to 20-day ema become important resistance after a Downside Capitulation

March 21st, 2020 | Dow Industrials

Charts and Markets - Ross Clark - Our Capitulation model works in all time frames (hourly, daily, weekly and monthly). We are always on the lookout for short-term, long and short opportunities, as seen on the bounces since February. But a long-term Capitulation and tested low is most likely months away.  

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