Tag Archives: trend reversal

Thoughts of the day on NZDJPY, XAUUSD and SiMSCI

Look at NZDJPY which has potential to fall off a cliff and make a big move. SiMSCI could have topped with a very common reversal pattern. XAUUSD is also looking toppish and could turn out to be a disappointment to gold bulls.

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Signs of bearish reversal for XLRE

XLP retains it’s status as a leading bear sector in the US market. At the moment, moving averages, price action and chart pattern paint a bearish reversal setup. 1) Moving average dead cross. 2) Bearish expansion in January terminates last 4 quarters of higher lows. 3) Fallen out of equidistant channel.

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Time-tested technical reason stock indices did not collapse yet

I would like to offer one time-tested technical reason why stock indices did not repeat Jan 2016’s global crash like any investors feared last month. By setting up a single moving average line, I make some observations of previous price action for S&P500, Straits Times Index, NASDAQ 100 and NZX 50.

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Global Bonds: Why Our Analyst Says Things Just Got “Monumental”

Peter DeSario, editor of Elliott Wave International Interest Rates Pro Service, explains why this was a “monumental” week in the bond markets — and offers a preview of which markets he’s keeping his eye on.

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