by
prestonni
on
Oct 21, 2014 •
Asset markets have been moving very quickly over the last 10 days or so. I’m afraid last week I had to focus on my own practice and therefore was unable to bring you a full technical release. This week I have therefore included last week’s missing reports and expanding the usual release to include various...
by
prestonni
on
Oct 15, 2014 •
Without delay given markets are moving quickly here is the swiss team’s latest with updates to follow in the next few hours. weeklytech-15-10-14 More coming so please check back later today. Rich
by
prestonni
on
Sep 30, 2014 •
Things have deteriorated further from last week with more fresh price sell signals being confirmed across various indexes and sectors. Unless we get a steep appreciation in price, reversing the price patterns we appear to have a near term price top in place. Here the Swiss team’s report: wklytech-30-9-14 And here citi: citi-30-9-14 And here...
by
prestonni
on
Sep 24, 2014 •
As is normal volatility continues to rise and instruments are starting their Autumn move, lead by the US$ but now bringing in many key levels across instruments. The Swiss team set out their deflationary case in their report below. wklytech-24-9-14 Its a very familiar, one might say classic, corrective bounces aside, model of lower inflation,...
by
prestonni
on
Sep 17, 2014 •
The Swiss are back from their holidays. They have released a very interesting new report which continues the theme we have seen for some extended time now of technical divergence between indicators and price across the major US indexes. They offer the possibility of a new Oct high in the SP500 of 2040 or so...
by
prestonni
on
Sep 3, 2014 •
We are still, just, in the European Summer, at least. Traders are drifting back to their desks and we can see volatility is starting to rise again, at least outside of the major US equity markets. The Swiss team remain on holiday until the 16th so here another brief update. Back to it soon enough....
by
prestonni
on
Aug 5, 2014 •
I’m floating around some small islands off Ibiza in the Baleric Islands at present. Thanks to mobile wifi coverage im bringing you this from well off shore. Finally the technical weakness we have witnessed for the last few months appears to breaking down these various equity indexes. As soon as i have a better wifi...
by
prestonni
on
Jun 24, 2014 •
Its Tuesday so time for the Swiss team’s regular technical weekly analysis of the major asset markets. Market breadth improved on last week’s breakout but on a longer term basis remains weak. Sentiment has been reaching extreme levels on the AAII and the put call ratio. Whilst a few weeks ago there did appear a...
by
prestonni
on
Jun 16, 2014 •
Apologies for the slight delay in posting my Sunday reflections. Please find them below. Since the last breakout its been a time of number crunching and questioning this most recent rally. Below is my analysis. But first some reports. First up the uber bearish AG ag-wklytech-16-6-14 And here the equally uber bullish fitzpatrick: citi-wklyytech-16-6-14 And...
by
prestonni
on
Jun 9, 2014 •
We had some very promising price signals last week and the promising market breadth then resulted in a Thursday session breakout for most the key sectors. The Nik225 joined the move and the bull market started to move forward once again. In spite of some key technical signals that participants had started to allocated long...
by
prestonni
on
Jun 1, 2014 •
First up I wish i could be more certain of near term direction here. Issues such as market breadth are very inconclusive. Lets run through it. The bulls can point to the sp500 and % stocks above their 200 dmas as maintaining a solid bullish continuation of this 6th year of this bull market. Certainly...
by
prestonni
on
May 31, 2014 •
I hope all are having a productive and or relaxing weekend. Personally I’m still playing catch up on cyclical and secular trends across asset markets here, digesting the recent price action and its implications. Lets start with some macro reports here: wf-macrowkly-30-5-14 Here a useful macro equity view fro ML ml-macroequity Here the usual useful...