Weekly Technical Analysis Market Reports – 27th Aug14

Asset prices are even hotter than the temperatures in Balearic islands this August it seems. The price action of the last few days appears ultra bullish but i temper this due to Aug thin volumes. Tech wise the heavy weight Apple (the world’s largest company by cap value) is off to ever higher breakout levels and who knows where she stops. Perhaps Apple may well be the first company to reach a 1 trillion dollar price level. She dwarfs all her corporate rivals now.

Technical analysis practices rely on decent volumes and wide participation in asset markets. Where the reverse occurs a good deal of price and tech skepticism is required.

Here below are a sample of some of the most recent market reports across asset markets from the major institutional players.

First up AG

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Here the excellent chart tech run through by CS

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Here Fitzpatrick’s comments:

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Here the regular ms fx tech

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Here the usually uber bullish JP US equity report

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And here a couple of reports from nomura on the euro and jpy.