The ASX-200 continues to trade up and out from a bullish Flag and, although buying momentum has been positive, the ADX now looks close to ticking up above the 20 threshold. Here are a few weekly charts that show price action forming up within consolidation patterns that are worth watching for any trend line breakout; should […]
The recent bullish breakout on the Aussie XJO index has many traders looking at the Aussie Banks and wondering if they are going to recover recent losses and join in on this bullish XJO momentum. The five banks discussed in this post actually make up 26% of the XJO index. In this post I show […]
Better than expected UK Employment data and thoughts of BoJ easing have helped to strengthen the GBP£ and weaken the Yen¥. This has triggered quite a few new TC signals with more still building.
I was at a trading meeting over the w/e and there was some commentary about potential warning signs seen across the US transport sector and so I thought it was high time I checked back in on this sector again. My view is a bit more upbeat than that from the w/e though despite seeing a bit of […]
I haven’t been charting Silver in my recent updates but the metal has been making some recovery style movement on increased trading volume which has piqued my interest once again. In this article I have posted a few charts and discussed the levels I’m keenly watching.