The man who accurately predicted 5 market crashes was proved right 3 times again
In June, Sandy Jadeja — the man who accurately predicted five market crashes to the exact date— gave us three more dates when we should expect to see a fall in the US Dow Jones index, which he said...
View ArticleThe 'Washington Euro' is setting up as the trade of 2017
The election of Donald Trump as US President has had a dramatic effect on markets destabilising many and breaking down what have previously been regarded as normal market relationships. The most...
View ArticleHere's what the charts say about oil
After many months of speculation, OPEC finally delivered. Member countries agreed in principle to control oil production for the first time in several years. Production was agreed to be cut by around...
View ArticleCITI: These '12 Charts of Christmas' tell us a lot about what to expect in 2017
Market analysts are starting to wrap up their year's work and turning their attention to what will happen in 2017.Citi's FX team, looking at the technical trading positions of a range of assets, has a...
View ArticleThe action in banks and REITs points to higher interest rates
I love technical analysis. I really do. There’s no question that finding a nice chart brings a great amount of joy to my life. Today I want to share with you what I think is one of the most important...
View ArticleHere's what the charts say about JPMorgan (JPM)
I like buying stocks that are going up. If there is anything that the market has taught us over the past hundred years is that market prices trend. The major averages, individual sectors, stocks,...
View ArticleThe charts don't look so good for Facebook (FB)
What do you guys think? Is it over for Facebook?I think we’re about to find out.Here’s how’s I see it:Broken uptrends in Facebook and breaking down relative to Internet stocks. Now, if you want to talk...
View ArticleThe stock market is about to do something for the first time since 1982 — and...
The S&P 500 has had a very volatile year. That puts the benchmark index on pace for what technical analysts describe as an outside year. This means the index's yearly range has a higher high and...
View ArticleCITI: Here is the key level to watch for oil
Oil has had a great two months. West Texas Intermediate crude oil was trading below $44 per barrel in the middle of November before speculation began to mount that OPEC producers would cut production...
View ArticleHere's what the charts say about Netflix
When we look at stocks that continuously sell off when they hit a specific area, we call that “resistance”. But all that really means is that the market is suggesting there are more sellers than buyers...
View ArticleHere's what the charts say about the 10-year (TLT, TBT)
My intermediate and longer term technical set-up work on 10-year US Treasury yield argues that benchmark yield is in transition from a 35-year bear Market (dominant downtrend) into a multi-year bull...
View ArticleHere's what fractals are saying about how the markets could respond to the Fed
As we go into FOMC today, the market is preparing for a battle. Since Donald Trump's election in November, the prospect of inflationary growth and consequent Fed tightening has driven the US dollar...
View ArticleHere's what the charts are saying about bitcoin
Technical Analysis is the study of the behavior of the market and market participants. We try and identify the direction of the primary trend and invest accordingly. As Technicians we can apply our...
View ArticleAirline stocks just got a lot more bullish
It’s hard to ignore certain market moves that tend to be very rare. Bullish outside days that engulf the prior period are one of those. I think this is exactly what we saw this week in the AMEX Airline...
View ArticleGold is on the verge of a big breakout
Last night, after Donald Trump bemoaned the strength in the dollar and the gold price jumped in reaction, I shared this chart on twitter. The last time gold tested this key resistance line, I was less...
View ArticleStock traders swear by these 12 technical indicators
If you’re planning to hold a portfolio of blue chip stocks well into retirement, then short-term movements in the market are not likely your biggest worry.However, if you dabble in the stock market on...
View ArticleHere's what the charts are saying about oil
During the last few sessions, crude oil has tumbled through key support at $50.00, at $48.50, and today, at $46.60, which has triggered a plunge to a 5-month low at $45.63 so far. Let's notice on the...
View ArticleHere's what the charts are saying about Cisco Systems
Below is my constructive, bullish analysis of CSCO presented in our 5/10/17 discussion, when the stock was trading at 33.64/65. This morning, CSCO opened on a 1.2% up-gap in reaction to both Morgan...
View ArticleThe charts suggest it's still too early to buy gold
It’s hard being a gold bug. They rarely ever get to be right. But why don’t they ever change their mind when the data changes? I don’t get it. There is nothing wrong with being bullish gold, but there...
View ArticleTech stocks are facing a roadblock, and the market can't afford for them to...
Tech stocks are their own worst enemy.After a five-month stretch that's seen their share prices soar 17%, beating the broader market by two-fold, the group now faces one of its biggest challenges yet:...
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