I’m recently back from a 5-week trip and slowly getting back into the swing of all things trading related. One of the more recent endeavors is applying TC to a stock charting platform and monitoring progress of short term trading in this field. Treasury Wine Estate, TWE, is one of my new favoured Aussie ASX […]
Tech stocks and the NASDAQ have been under some pressure over the last couple of months as the index struggles near its all time High and the psychological 8,000 level. A weekly support trend line has been broken and, in this post, I suggest levels on the index that technical traders should monitor over coming […]
I have been away for the last 5 weeks so have not been charting as frequently about stocks and or stock indices. Like all stock markets over recent weeks though, the Aussie market has also been under pressure but closed higher today after some decent AUD Employment data. Here is how I’m seeing the charts […]
The US$ continues to struggle at 95.70, and all of the other resistance levels mentioned in my weekend posts. The EUR/USD looks to be worth watching though as it holds at the recent Low and, given, there isn’t much data today.
This post takes a look at the Aussie Telecommunication Services index, XTJ, and the six components that make up the index: Telstra Corporation, Vocus Group, Spark New Zealand, TPG Telecom, Speedcast International and Chorus. Regular readers of this blog will be aware that I have been bullish on Telstra for some weeks now and I […]