Stock Market CAC40 Trend ForecastStock-Markets / FranceMay 17, 2015 – 07:45 AM GMTBy: Austin_GaltThe French stock index, the CAC40, looks to have the final top to its bull market already in place. Let’s analyse the technicals using the weekly, monthly and yearly charts.CAC40 Weekly ChartWe can see the parabolic rise by price this year. This behaviour is often found at […]
Here are updated charts for what we might call the breadth of market strength and weakness. (Raw data from the excellent Stock Charts site.) Any individual stock can give a buy or sell signal according to rules from a technical trading system. The top chart reflects Wilder’s Parabolic Stop-and-Reverse (SAR) system; the middle chart tracks a system based on Bollinger […]
Stocks moved smartly to new highs in the major averages this past week. Sector rotation was particularly noteworthy, with former leaders utilities and consumer staples–defensive and yield plays–falling behind and more growth-oriented sectors–consumer discretionary and raw materials–showing particular strength. This reflects strength in U.S. economic data and an increased pricing of odds that the Fed will begin to normalize interest […]
A:A dead cat bounce is a technical trading pattern that signals to traders the continuation of a downtrend, that a stock’s price is likely to continue to decline. The chart pattern appears when only a small, short-lived recovery follows a significant, severe decline in a stock’s price. This trading pattern is considered a relatively definitive indicator of market weakness. It […]
There are a number of companies that receive much attention from media types and are better known for their investment prowess, including Netflix, Priceline and Chipotle.But today, among these, I will point to Priceline ($PCLN) as a potential short-time mover. The reason is that its weekly “Bollinger Bandwidth” is squeezed and pointing to a huge volatility expansion shortly.Please note below its weekly chart…In addition, its […]
Analysis provided by Ashton Fraser, learn more about his trading strategies at the Forex Lasers forum.
As we discussed yesterday, Bitcoin has been going through wild swings this week, hitting a month low of around 330, only to recover significantly, where it’s currently residing around 515; but as the weekend dawns upon us, it seems price action has entered a phase […]
Recent posts have focused on ways of gauging broad market strength and weakness by tracking the wide range of individual stocks, rather than by relying solely upon a stock index. These market gauges include the percentage of stocks trading above their volume-weighted average prices; the upticks and downticks among all stocks trading in the U.S; and intraday new highs and […]
NMC/BTC Technical Analysis – 12th May 2014 By Ashton Fraser on May 12, 2014 in Trading Namecoin vs Bitcoin has been continuing on the meandering path which it’s been negotiating over the past fortnight, between two Fibonacci levels. During my last technical analysis on NMC/BTC, I posted the following Daily chart: For which I performed the Fibonacci study […]
The price action on Bitcoin over the weekend behaved in a manner precisely as I had envisioned, with price rising after certain conditions had been met, whilst the resistance zone, which has been holding for almost a fortnight, continues to stay firm. During my previous technical analysis on BTC/USD on Friday last week, I posted the following chart: […]
As we have been discussing almost all week, Bitcoin is threatening to rise to a certain resistance level – most importantly, one of our conditions which I stated yesterday has been fulfilled, giving me great confidence in the anticipated rise. During yesterday’s analysis, I posted the following chart (click to expand): For which I’ve performed the Fibonacci study […]
