The Hang Seng has reached a double top near 28600. This is a very strong uptrend but double tops are also powerful pattern. The danger is that the Hang Seng will retreat, either form the double top... (Read more)

Despite world tensions the NYMEX oil chart has barely moved in recent weeks or months. Oil offers rally and retreat trading opportunities but there is no clear evidence of a strong developing trend... (Read more)

The KOSPI trend remains astounding and despite the pullback, the trend strength remains intact. This remains an exceptionally strong trend and traders and investors were alert for consolidation and... (Read more)

The Shanghai index breakout has continued to pause and develop the bullish consolidation. It’s bullish consolidation because the index has successfully tested and retested the support level n... (Read more)

The Australian dollar breakout stalled near US$0.80. In the longer term, the width of the trading band can be projected upwards to set a target near US$0.835. The current consolidation behaviour su... (Read more)

The Taiex is consolidating around 10550. This remains a very strong trend. Traders watch for a sustained breakout above 10550. The initial target for the Taiex breakout is near 10550 and this w... (Read more)

The US dollar has reached the long term support level near $0.93 identified on the Dollar Index chart several weeks ago. This is a critical support level. Below this support level lies the abyss wi... (Read more)

The KLCI index reached the upside target near 1800 before retreating and consolidating. The long term GMMA continues with good separation has developed and this shows good support for the trend... (Read more)

There was a small upside break from the equilateral triangle, but let’s not get too carried away. This all takes place within the confines of the trading band. This remains a directionless ma... (Read more)

The Shanghai index is developing some of the characteristics of a trend reversal. The key feature investors were watching was the behavior of the index consolidation between 3265 and 3290.  Th... (Read more)