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.
Nymex oil may have a prolonged sideways consolidation between $38 and $48 but charts suggest that, long-term, it has further to fall.
The euro-dollar developed an end-of-downtrend pattern starting in March 2015, but it didn't pan out.
The Shanghai Composite index's breakout move above its long-term resistance level near 3,400 signaled a bullish uptrend.
Chart analysis gives investors a method to decide if the Nasdaq's rally towards 5,200 is a buying opportunity or a sell signal.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.