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.
The Dow Jones industrial average offers rally-and-retreat trading opportunities between 16,000 points and 18,290, chart analysis shows.
The OPEC meeting confirmed that the era of cheap oil has not come to an end. This is what charts predict.
The Shanghai Index has developed a strong breakout above the resistance level near 3000 with a upside target near 3400
The euro-yen pair looks set to continue its steady downtrend, with only a small likelihood of a rally and a longer-term target near 120
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.