Last week: Coronavirus fear resurfaced last week and this helped to trigger a good number of trend line breakout trades which I hear that some of you have been able to catch. The virus came back into focus late last week and this tipped the US major stock indices into negative territory; note how much […]

The US$ dipped on Friday and, whilst some are reporting this is due to weak US data, I suspect this is more of a technical reaction to the huge 100 whole-number level. The US$ has been on a rally for much of the last seven weeks so some pause or pullback might be in store, […]

One of my followers emailed me this morning asking if I could see a bullish-reversal Inverse H&S setting up on Silver. I can, sort of, but still see $20 as the stumbling block resistance to get past here.

Citigroup is back flirting near a resistance zone that is hasn’t made a monthly close above since before the 2008 Global Financial Crisis (GFC). This stock might be worth keeping in focus for any bullish breakout as there is a lot of potential ground to cover with any mean reversion activity.

Last week: There were some great trend-line breakout trade opportunities last week, all based on charts posted in my analysis, and so I hope you caught some of these moves! There were trend line breakout trades on: Oil for $2.20 (still going), Gold for $13, the SPX for 45 points, the Cable for 130 pips […]