1 hour ago

Bounces off the 50 DMA in S&P500 are getting smaller

The performance of the S&P 500 after tagging its 50-day MA has been declining. While dip buyers have been in control, the gains have been shrinking between dips.

#Technical Analysis
Bounces off the 50 DMA in S&P500 are getting smaller

34 days ago

USD/JPY leading the charge for dollar bulls with 111 Breakout

USD/JPY is in the midst of a possibly very meaningful breakout - scratching a possible double top - and continuing to move higher after breaking a 4-year down-sloping channel. The implication is a new long term uptrend.

#Technical Analysis
USD/JPY leading the charge for dollar bulls with 111 Breakout

62 days ago

Technical Analysis: WTI crude makes clean breakout

WTI crude oil is pushing through 2-year resistance at $67, touching a 69 handle today in a sign that the price pullback might be over and another rally is on the cards. A drop back under the 67 level in the next few days would mean a false breakout and have bearish implications for the price. 

#Technical Analysis
Technical Analysis: WTI crude makes clean breakout

75 days ago

The Economist Magazine as a Contrarian bond market timing tool

This chart was obviously made in jest but there's a certain degree of truth to overhyped ideas in the media and how it relates to what will happen next in financial markets...

#Technical Analysis
The Economist Magazine as a Contrarian bond market timing tool

86 days ago

GBP/JPY holds 150, long term bottom could be in place

It can be seen that the GBP/JPY forex pair has broken above 150, pulled-back and tested the area and is now moving higher again. This comes after potentially putting in a long term base at 125.

#Forex #Technical Analysis
GBP/JPY holds 150, long term bottom could be in place
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