What a week! This has been one of the better examples of decent trending markets due to FX Index alignment in a long time! Many of the moves have exhausted themselves now however but, no surprises there and this means there are new patterns to monitor ahead of next week. The pip tally from all […]
Bitcoin is currently down near the 50% fib retracement of the weekly chart’s swing-high move; circa 10,000. Price might slow as it navigates this psychological whole-number support level but I’m still watching for any test and hold above the 61.8% fib which is down near 8,000. RIOT is one stock that can be used as […]
This article is a follow-up to an article I wrote in December where I noted the considerable achievement of the ASX-200 when it moved above the key 6,000 level. The index managed to close 2017 above this huge level and I am now looking for continuation up to 6,800. As the saying goes, A rising […]
This is an update to an earlier post about Sectors and Stocks that have my interest at the moment. There seems to be a rotation back into some sectors that have been out of favour over recent years. I look for stocks within these sectors that develop basing-style consolidation patterns and I then stalk them […]
Crypto currencies have certainly been a hot topic doing the rounds of recent Christmas parties and holiday barbecue gatherings. They have even dominated discussion among the Gen Ys and millennials in my family, even with those who have had no previous interest or experience with trading / investing!