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 […]

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.

The Australian XJO index, the S&P/ASX200 index, is consolidating within a daily chart triangle ahead of a big data week. The same rule applies; watch for any trend line breakout, up or down, that evolves with increased ADX momentum.

Global stock indices were hit hard by Friday’s Brexit result and large percentage falls were seen across most of the majors. Stepping out to look at the weekly charts though helps to identify key support zones and to focus on the bigger picture view and, whilst a couple of indices have broken through support, many continue ranging within trading channels and with […]