by
prestonni
on
May 29, 2013 •
The Swiss team put in a solid report below. Across multiple instruments and markets we have choppy conditions that signify distribution rather than meaningful tops and bottoms for the moment. “Again, there is no top without distribution and/or a top formation, and as the May 22nd top was a high momentum top, we have neither...
by
prestonni
on
May 22, 2013 •
The Swiss team have re-grouped and come back fighting. They didn’t get the pull back their models suggested. It has taken a month or so for them to really digest/accept this and re-set. We all learn by the rod here that you can’t get stubborn on these things. We are all paid on price and...
by
prestonni
on
Apr 30, 2013 •
Ok, the Swiss team’s latest insightful technical comments below. As a summary they are sticking to their call that this remains distributive. A key plank of their argument is that until we get a rotation into cyclicals and away from defensives the theme remains distribution. This is a classic analysis and is historically correct. Cyclicals...
by
prestonni
on
Apr 23, 2013 •
Below the latest Swiss team’s comments on the major market indexes from across the globe. Short term issues remain as were. On the short term, we have a bounce which is an opportunity for adding to hedges. Euro indexes have having been more over sold have enjoyed a higher bounce than the US sectors, thus...
by
prestonni
on
Apr 16, 2013 •
Ok, attached below the latest view from the Swiss tech team. Another great report and nothing in the last week has invalidated their view on the major asset markets which ties in to my own views as documented on the forum boards. US index Sp500 false breakout. Rus2000 failure and looking very weak. Sub sector...
by
prestonni
on
Apr 3, 2013 •
The Swiss team’s latest weekly tech view below. They are sticking to their call not to chase this rally but above S&P500 1535 it remains bullish but technically very weak. They pick up on many of the same issues we have been seeing and commenting on in the forum, for some time. Continued inter market...
by
prestonni
on
Mar 29, 2013 •
Happy Easter to all. A few world markets are open today but as there is a euro area holiday today its very quiet. I thought I’d use the time to post up a few end of quarter comments and charts as well a few specific trade monitoring screens that I use regularly, in the interests...
by
prestonni
on
Mar 26, 2013 •
Apologies guys for the delay, i’ve been traveling today. Below we have another outstanding technical run through of the world’s major markets and instruments. I don’t want to repeat the Swiss team’s comments so therefore i won’t cover the same ground but will try and add to their analysis below. We are where we have...
by
prestonni
on
Mar 19, 2013 •
Another solid report from the team in Switzerland covering the major sectors and indicators and price patterns once again. Amongst the items a wave five top for end q1 looks increasingly likely but its possible that a new higher high can be formed as the distribution is not providing a classic signal yet. This is...
by
prestonni
on
Mar 15, 2013 •
A quick info dump here for all. Here below the latest bullion tech. Having been asleep the bullion’s volatility is creeping up again as are her HUI miners. This makes me wake up again on the asset class. BullionWeeklyTechnicals12032013 Here the below the latest WF monthly macro economic run through. Global macro remains very weak....
by
prestonni
on
Mar 12, 2013 •
The latest tech report from the Swiss team below. Many of the comments echo my own thoughts from last Friday. We have growing technical divergences here. Many instruments and sectors are failing to confirm the recovery in the world economy that the all time record high on the Dow Jones and many other indexes is...
by
prestonni
on
Mar 8, 2013 •
Its been a while since i completed a personal update. As we seem to have passed through the great distribution of the last 6 weeks, here below a quick run through of my own book, feelings, comments, analysis. There is an emphasis, as always, to the future battles. Things are good, life is good and...