February 15, 2012 – 9:30 PM
Evening one and all, If you recall my post at the beginning of the year, I signalled caution for the year ahead as there was indication of a massive head and shoulders pattern on the STI. A month has passed, and I want to bring us through a few charts today. First up, let us [...]
December 31, 2011 – 12:37 PM
Hey all, As the year 2011 draws to a close, I will write about my year regarding technical analysis. Equity-wise, I did not do too well. Though, I did have a good year in the forex market. Anyway, I will put up long-term charts on the equity indices next year. For now, I am seeing [...]
By radhyssyob
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Also posted in International
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Tagged DJIA Dow Jones Industrial Average, Dow Jon, Dow Jones Industrial, Dow Jones Transportation, Dow Jones Transportation Average, FTSE 100, head and shoulders, inverted head and shoulders, Russell 2000, S&P 500, STI, STI index
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December 4, 2011 – 2:08 PM
Good day all, My past few posts on general market direction has been towards the bullish side. True enough, the days came when major indices pushed through consolidation range tops. Sadly, sellers came out of the woodwork and pressed markets down. So, what now? If you look at the STI chart, the selling pressure I [...]
November 26, 2011 – 11:15 AM
Good day all, I have a video for you guys to watch. The person in the video explains some positive long-term fundamentals in the US market, followed by a short talk on Europe’s woes now.
October 25, 2011 – 11:01 AM
Good day traders/investors, Another full week of trading has gone by, and yes, I see a clearer, better picture on charts now. Indices now look so much more encouraging. I will make my case in the charts below; also, please take a look at the video I have attached. First, let’s look at our local [...]
September 14, 2011 – 8:02 PM
Evening all, Stock markets are still trading at the same range as they have been for the past few weeks. I am sure we all agree the markets are consolidating now after the sheer drop following Standard & Poor’s downgrade of US debt. I posted at least twice on the chart of the STI. So today [...]
August 20, 2011 – 2:33 PM
Afternoon traders/investors, Today, I shall take a look at some US indices charts and a chart of the STI too. After a small rally a week ago, markets ate down all the gains, and we are now testing recent lows. Technically, this will be very important. Ideally, we hope to see rebounds coming up soon so that we get [...]
August 12, 2011 – 8:47 PM
Evening traders/investors, I have a video for all of you to watch. It’s from someone that I respect very much as a technical analyst. In this video, the presenter explains why he believes the recent slump that equities are in is nothing but an expected correction. You can start watching the video at the 7-8 minutes [...]
Good day all, Headline in the Straits Times: Bloodbath across global markets. So, after the scare on thursday night and Friday, how are the charts looking like from all (probably more to come) the selling pressure? In the first chart, you will see a weekly scale of the STI’s chart. For now, I will say the STI [...]
Morning all, I have a video that I want all of you to watch. It talks about the relation between the US Dollar and the stock markets. For most of you, you have probably been noticing how the US Dollar has been depreciating for some time now, and the stock market has been, on a [...]