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Asia-Pacific Markets Charting Asia with Daryl Guppy

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  Tuesday, 11 Oct 2011 | 8:02 PM ET

Copper in Downtrend, Could Test $2.80: Charts

Posted ByDaryl Guppy
There is a strong downtrend in copper and it will not be easily reversed. The historical activity shows strong consistent support near $2.80 and there is a high probability this level will be tested again. »Read more
  Tuesday, 4 Oct 2011 | 8:06 PM ET

Shanghai Index Next Support Level 2,300: Charts

Posted ByDaryl Guppy
Historical support on the Shanghai Index is near 2,300 and the market is moving slowly towards a test of this level. »Read more
  Wednesday, 28 Sep 2011 | 2:41 AM ET

Gold's Key Support Level is $1545: Charts

Posted ByDaryl Guppy
Gold's sudden fall from $1920 to $1630 suggests a major change in the trending behavior of gold. This trend dislocation is as severe as the trend dislocation in the Dow but it came without the same high level of warning. »Read more
  Tuesday, 6 Sep 2011 | 7:26 PM ET

Dow Rebound Likely, Could Reach 12,400: Charts

Posted ByDaryl Guppy
The Dow appears to be consolidating with a rebound likely in the near term, says technical analyst Daryl Guppy. The blue-chip index could reach as high as 12,400 according to its chart. »Read more
  Tuesday, 30 Aug 2011 | 7:20 PM ET

KOSPI's Short-Term Trading Band 1720-1900: Charts

Posted ByDaryl Guppy
The movement of the KOSPI is constrained by historical support and resistance levels. The most probable short-term outcome is a continuation of rapid rally and retreat behavior inside the trading band between 1,720 and 1,900. »Read more
  Tuesday, 23 Aug 2011 | 8:00 PM ET

Nasdaq Could Drop to 2000 on Jackson Hole Disappointment: Charts

Posted ByDaryl Guppy
Will Friday's meeting at Jackson Hole dig markets deeper into a hole, or get the U.S. out of one? The early signs will come from the Nasdaq, rather than the Dow and the index could tumble if the results of the meeting disappoint. »Read more
  Tuesday, 20 Sep 2011 | 8:09 PM ET

Gold Likely to Retest $1,920: Charts

Posted ByDaryl Guppy
There is a high probability the uptrend for gold will continue with a retest of the highs near $1,920. The broader market indecision increases the volatility of price activity, but it does not threaten the underlying trend. »Read more
  Tuesday, 13 Sep 2011 | 8:09 PM ET

Euro-Dollar Weakness to Find Support at $1.29: Charts

Posted ByDaryl Guppy
Any fall in the euro-dollar below $1.36 has a high probability of cascading into a fall to $1.29, which in turn, will have a high probability of quickly falling into the consolidation support area with a potential downside target near $1.24. »Read more
  Tuesday, 16 Aug 2011 | 10:21 PM ET

Yen to Strengthen to 73 Against Dollar: Charts

Posted ByDaryl Guppy
Failure of support near 80 yen has a downside target near 73 yen. Persistent Government intervention can slow the progress towards this target but it may not be enough to prevent this target being achieved. »Read more
  Tuesday, 9 Aug 2011 | 7:35 PM ET

The Dow Could Fall to 9700 in the Long Term: Charts

Posted ByDaryl Guppy
Downside targets on the Dow are 10600 with a long-term potential at 9700. Downside targets on the Nasdaq are 2370 (already exceeded) with longer-term targets near 2100. Downside targets on the S&P 500 are 1130 (already exceeded) with longer-term targets between 950 and 1000. »Read more

About Charting Asia

  • Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia. He runs training, analysis and resource workshops for retail and professional financial market traders involved in stocks, CFDs, warrants, derivatives, futures and commodities in China, Malaysia, Singapore and Australia. He has his own trading company, guppytraders.com.

 

  • Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.