Our favorite European Index, the German DAX, escaped the bear market in early August, when it rebounded swiftly after initially rejecting mega-resistance at 10475-485, which it then took out very aggressively. This Monday sent a bearish shooting star candle on overbought conditions, calling for a healthy pullback. As securities often do, they retrace back to...
I am bullish Coffee since a series of bullish momentum divergences started to develop in February, March and April. As with other commodities, I am convinced that the early 2016 lows were important cyclical lows. I am therefore bullish Coffee long-term. The weakening US Dollar should further support the entire commodities complex.
The latest correction brought...
I am bullish Chinese A-shares. Technical analysis needs to adapt to the Underlying market. Whereas Developed Markets are volatile in bear market phases and near their lows, and less volatile near record highs and in strong bull markets, China functions differently: China A-shares very often see explosive rallies, and similarly dramatic declines. The market then...
