Gold is up testing a bear trend line that has been in force for the last 8 years and it finally has some momentum on its side for this attempted bullish breakout. Traders need to monitor where the weekly candle closes as any bullish breakout might trigger some mean-reversion on the precious metal and a […]
The Tradecharting focus of looking for TC signals off 15 min charts needs some revision with the US stock indices chopping under all time High levels and in the wait for a US trade tariff talk outcome. The last trading session revealed no TC signals off the 15 min chart time-frame but there were TC […]
The recent sell-off across stocks has many traders focused on Bonds to see if money is flowing into this safe-haven asset. In this post I consider charts of the S&P500 ETF: SPY, the Bond ETF: TLT, and the Interest rate proxy ETF: TBT as well as the VIX index. I note what these charts might […]
The Descending Wedge is one of my favourite technical patterns to monitor as I find them to be one of the most reliable of all charting patterns. I have pages on my site with examples of this charting pattern in action that can be found through this link and this link. This post contains charts […]
Afterpay (APT.ASX) has been a key leader in the ‘buy now pay later‘ market and the share price has experienced considerable gains throughout 2019. In this post I review the chart of Afterpay and note some key Resistance and Support levels to keep in mind.