The US$ has pushed on higher but I’m not seeing the capitulation with most Forex pairs that you might expect to see under these circumstances; Gold, the EUR/USD, Kiwi, Aussie and Cable are all lower, but not too much. Hence, I’m a bit wary especially seeing that risk appetite was back on with stocks last […]

This post was prompted following my chat with another trader at today’s Sydney ATAA meeting. This guy was keen to LONG Sugar given its current Low near support so I thought I’d check in on a few other commodity Futures charts to see how they’re shaping up against the backdrop of recent Trade War rhetoric. […]

I post updates on Bitcoin every now and then and this is another check up detailing how I’m seeing the charts of this cryptocurrency. My last detailed post was in April where I noted key levels to watch and the longer-term levels noted there are still valid. In this update I fine-tune some of the […]

Facebook has been mired in controversy over recent months and this has finally taking its toll on the stock price. The stock price plunged following the recent miss with earnings and projected slowdown and there is talk of this being the end to their cycle of easy growth.

I had a bit of time today so decided to review some of the US stock sector ETF charts and found that many are trading within recent consolidation patterns, primarily in the form of symmetrical triangles. These triangles are giving some of the charts a Bull Flag appearance and so the usual mantra applies: watch […]