The highlights for me from last week’s bear attach was the short sharp explosion in volatility together with a short term liquidity drain from the market. The most notable other issue was the euro carry trade de-lever which spiked up the euro even as markets fell. Commodities generally fell as US$ also fell. To me …
Continue reading “Weekly Technical Analysis – “Sp500 Rebound Into End Sept” 2nd Sept15″
Volatility across asset markets, but particularly global stock markets, leaped out of their collective skins this week. Across sectors and global indexes, across asset markets order books gaped and that’s significant in terms of leverage. There has to be a bid on the order book for leverage to ever be considered. So watch this issue. …
Guys, i’m traveling at present but here in any case the latest reports. Comments in the next few days. Here the Swiss Team: wkly-tech-18-8-15 And here GS gs-wklytech-15-8-15 And here Fitzpatrick: cb-wktlytech-15-8-15 And here CS: cs-wklytech-15-8-15 And here RBC tech: tbc-wklytech-17-8-15 And here MS on fx: ms-fxtech-18-8-15 And here RBC macro rbc-macro-18-5-15 We are very …
Continue reading “Weekly Technical Analysis – “SP500 2063 Key Support” 19th August15″
Guys the latest report below. Im in sync with the Swiss guys comments here below. I’m not aggressively short yet on any indexes although i do strongly suspect euro indexes have already seen their high water marks for the year. Sp500 im not so sure but the failure is extremely like to come on this …
Last week the Swiss team took a well deserved holiday. Many market report teams are holiday so please keep this in mind. First up here the latest from the guys. wklytech-4-8-15 The level of bearishness in the market is at such an elevated level its hard to go short using technical history as a guide, …
Continue reading “Weekly Technical Analysis – “SPX Deeper August Top” 4th August15″
Guys Ive just received this and I realize many here are market timing these asset markets on the short term. I post this up in a timely manner here so as to not delay participants getting this perspective. Asset markets are getting interesting here is my immediate comment. I have a great deal of reports …
Continue reading “Technical Analysis Update – “Weak Technical Picture Remains” 21st July15″
Volatility rising and widening across asset classes internationally now. Its all part of the normal historic trend of rising volatility pre a trend change, imo. I wouldn’t go aggressively short yet but it was correct to move to a high cash level as of a month or so ago. Here a few updates: Firstly GS: …
Continue reading “Interim Technical Update – “Volatility Continues to Rise” 8th July15″
We are in the final stages of this 6 year bull market. Europe appears to have already set her highs. World indexes also appear to have topped out. The wild card is the US where the Fed continues to talk rising rates and pipeline ever improving data. The US$ is at her supports and on …
Equities are bouncing off some key levels. Europe is seeing high volatility as speculators look to hedge euro weakness and the grexit issue comes and goes. Technically a corrective bounce aside unless we see a reversal in the multi month technicals we should see many indexes fail to achieve higher highs here to confirm a …
Continue reading “Weekly Technical Analysis – “SP500 Corrective Bounce” 23rd June15″
Here below the latest update from the Swiss team and others: Wklytech-`6-6-15 And here Fitzpatrick: cb-tech-12-6-15 And here the stock tech analysis care of Ub.. ub-tech2-15-6-15 More to come Rich
The bond markets are continuing to drive this weakness in risk asset markets here. Volatility is rising considerably across bond and equity markets though particularly in non US markets. The Sp500 and other US indexes still show as many technical signs of a continuation as opposed to any trend change move, for now. European markets …
Continue reading “Weekly Technical Analysis – “Europe Near Term Low” 09th May15″
FX markets are once again the scene of extreme volatility which is feeding negatively into European stock prices. We have many cross winds here from technical non confirmations of the recent highs to currency confusion and increasing bond volatility. Ftse100 has dropped below her multi month uptrend line support which is a bearish and needs …
Continue reading “Weekly Technical Analysis – “More Weak Breadth” 4th June 2015 V2″