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 27, 2014 •
Asset prices are even hotter than the temperatures in Balearic islands this August it seems. The price action of the last few days appears ultra bullish but i temper this due to Aug thin volumes. Tech wise the heavy weight Apple (the world’s largest company by cap value) is off to ever higher breakout levels...
by
prestonni
on
Aug 20, 2014 •
I’m traveling so hard to comment on this much at present. I notice the Swiss team are themselves on holiday next week so please take note of this for next week. Here their usual excellent report. wklytech-20-8-14 The FX markets continuing to trade very nicely. Here cs fx wkly cs-fxwkly And here MS FX wkly...
by
prestonni
on
Aug 12, 2014 •
August is traditionally a go slow month with most market professionals taking time out for their vacation. Nonetheless its usual to see price volatility step up even if volumes step down. Its enticing to imagine these price moves are very trade-able but all to often they are not as they are algo driven and usual...
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
Jul 29, 2014 •
Summer is usually a period for low volume false moves trapping those late to the trade in to loss making positions. Price is usually a poorer indicator at times when market participants thin through the hot summer months. With this in mind lets turn to some price tech reports before switching to the wider Swiss...
by
prestonni
on
Jul 24, 2014 •
The Swiss team’s latest update below. Some very narrow specific indexes and stocks in particular are still on fire to the upside. Apple, Facebook and others remain very desired stocks but the selectivity continues. Here sp500 And here the sp600 small caps.. The put call ratio remains at close to record lows. Here the swiss...
by
prestonni
on
Jul 15, 2014 •
This week we have a cut down tech view as the swiss team are traveling and they will be updating next Tuesday. I’m also traveling today so I have to update this later today or tomorrow morning with third party content. Some proprietary comments, technically the weakness of breadth and sentiment of put call ratios,...
by
prestonni
on
Jul 8, 2014 •
Its time for the usual Swiss team’s technical report and comments. Before we do so lets be clear that there are an increasing amount of technical problems here even as these indexes make new all time highs. Here the 4 major US indexes (charting nas100 rather than nasdaq itself). The situation on the nasdaq100...