Volatility has indeed jumped and so summer is officially over. The Swiss team have made a significant shift in their forecasts and have called the important medium term top on risk markets as in. In the near term a bounce but unlikely to make much progress beyond prior price highs. They forecast in stead an …
Continue reading “Weekly Technical Analysis – SPX 8 to 10% Correction to End Oct – 14th Sept16”
Its been an interesting week which seemed to strengthen those forecasting a stronger US$, higher rates and lower bond prices. This week the team have broadened their report to pick up on the very same issues I mentioned last week. They specifically highlight the very same USDSGD pair that i highlighted last week as in …
The guys are back from their holidays but with a shortened report here. They pick up on the renewal of the commodity bull story which is the headline story in asset markets for me. Note GL, Anto, BHP (all of which i hold again). Commodity producer charts have surged over the last few months. Aside …
Continue reading “Weekly Technical Analysis – Near Term Tactically Overbought – 16th Aug16”
We have drifted in to August and so holiday season is upon us. The swiss team have broken for holidays until later in the month but the usual suspects from GS and Citi are still at work. Across risk there is not a lot of new price evidence here other than new highs in bullion, …
Continue reading “Weekly Technical Analysis – “Crude Close to Key Supports” 5th Aug16″
The Swiss team latest report has concluded that wave 5 is underway though near term we are tactically toppish which is likely to get resolved in August to allow for the rally to resume into Sept. Some strategic issues remain with this bull market for now and need to get resolved. Surely their resolution tells …
Another week has gone by but right across international risk there is very little new evidence from price here. We can look across US sectors like the small caps or russel2000 or transports or banking or tech sector or high yield or whatever you chose and there is no meaningful new evidence from price. Internationally …
Continue reading “Weekly Technical Analysis – “Make or Break Across Risk” 20th July16″
Another good week for risk assets across the world but lead again by the strong US equity indexes of the sp500 and Dow Jones. The sp500 has made new record highs but lead by utilities, consumer discretionary and housing indexes. The cyclical sectors of soxx and nasdaq100, Russel 2000 have not yet confirmed the move …
Continue reading “Weekly Technical Analysis – “Breakout or Fake” 13th July16″
Another week roles by and pricing of risk assets continues to diverge between US risk and world risk. US risk continues to be well bid vs the rest of the world. With the sp500 still close to record highs. Within the US markets breadth remains a key issue with some important cyclical sectors showing bad …
Continue reading “Weekly Technical Analysis – “Europe On The Edge” 6th July16″
What a week it has been. We have seen volatility to the upside and then crashing downward across risk on. The Sp500 broke her 2025 level and her 200 dma. She is bouncing here to currently her 50% retracement level but has scored significant technical damage to lead indexes like the US banks, Transports. Across …
Continue reading “Weekly Technical Analysis – “Cyclical Bear Market” 29th June 2016 V2″
Its make or break time indeed. Im in a rush unfortunately so this post will be updated later today and tomorrow. Technically some levels to the upside which need to be broken to confirm this, Dax 10300, EXX1 euro banks needs to get above 11, Oil did correct but is now back over 50 and …
The reports this week i’m releasing today and later in the week a V2 as the Swiss team remain on holiday for one more week. Their first report back is the 21st of June ie next Tuesday. I wonder what they would make of world markets here.We can see that all the major technical contributors …
Continue reading “Weekly Technical Analysis – Divergent Trends ROW vs US – 13th June16”
Another week rolls by and the recent bull rally takes a breath. This next wave is crucial and should determine whether we are still in a wave 4 or have already started a wave 5 of this asset bull market. This week the Swiss team are on holiday and taking a well deserved break but …
Continue reading “Weekly Technical Analysis – Asset Markets Looking For A Trend – 1st June16”