Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
Today is the second down day from the recent top made on Friday (6234.4). 50% retracements are a normal retracement to expect.
Read more about Charting Wisdom – Aussie Market Report 02 Oct 18
Italy has voted a strong NO to the referendum which now adds to the name of this week which is VOLATILITY. For more on this please find attached this week’s US and Australian Stock Market Report.
Markets look well stretched and over bought whichever way you would like to think of them even with the US markets making new all-time highs on Fridays shorten trading. Seasonally the US markets are strong into ...
Read more about US and Australian Stock Market Report – 28 Nov 2016
In many ways we are back at the Crossroads once again especially for the US markets. The S&P 500 is very close to the all-time highs, the NASDAQ made a very slight new all-time high on Friday but then reversed after doing so.
Read more about US and Australian Stock Market Report – 21 Nov 2016
The US markets over the last week look just like the Aussie market did back on 22nd August when it broke higher from going sideways only to find it didn’t have any follow through before reversing. Will this week ahead confirm they are setting up in the same way?
Read more about Market Commentary – US and Australian Markets 26 Sept 2016
The US and Aussie markets have shown their hand and if we are not too busy, doing whatever we are doing, we should be paying attention to when and what the market is telling us something. This is probably the number one reason why investors and traders alike never see what is just around the corner. Keep in mind that the...
Read more about Australian & US Market Commentary 19 Sept 2016 – Too Big to Fail
The previous week the Aussie market POPPED and this week just gone the US markets POPPED on Friday with the largest fall since BREXIT. We have been on alert for this and its finally occurred. The Australian market has been leading the way for a change.
The US markets are still being wound up as they continue to move sideways inside the very tight sideways trading ranges. The Aussie market on the other hand POPPED just like the Jack in the Box.
The Aussie and US markets have been wound up and then wound up some more and just like a Jack in the Box when you least expect it out it...
Read more about US and Australian Market Commentary 29 Aug 2016 – Be prepared
The XJO has confirmed the 3rd scenario over the last week. We have the XJO joining the US markets in respect to the sideways trading ranges. Even though the US markets have been at it for some time now, especially the S&P 500 being in such a tight range. We need to get ...