Tue 2nd Sept Canada’s TSX index made a bullish ascending triangle breakout back in July and this now seems confirmed given the August close above this breakout 15,200 level. The TSX is an index of the largest market-cap stocks listed on the Toronto Stock Exchange.
Tue 2nd September Monday September 1st was a holiday for the US and thus today marks the first real trading day for the S&P500 for this new month. I’ve noted on numerous other occasions how the first trading day of the month is often bullish for stocks. Often, but not always, yet this is something to be […]
Fri 29th Aug The S&P500 closed back below the psychological 2,000 level today BUT the buying into the close did not look anything like a nervous market. This is despite ongoing geopolitical concern festering around the globe.
Wed 27th Aug: Update at 4.40 pm Bali I had mentioned earlier today that the Loonie was trying to print a new TC signal off my 4hr charts but that I’d miss seeing this candle close. This candle did in fact trigger a new SHORT signal though. The candle close came right at the cross […]
Mon 25th Aug I wrote an article recently about the GBP/CHF in response to a question from a reader and this can be found through the following link. In this article I noted how the GBP/CHF seemed to be consolidating in a ‘Bull Flag’ pattern under the key resistance level of 1.55. I’ve noticed this […]