Author: Daryl Guppy

The general trend pressure for cotton prices is bearish and this suggests continued testing of support near 85 cents a pound.   Read More

The Apple chart shows an unsustainable rally. This doesn’t mean that traders cannot make money, but it does suggest that investors buying in the current market will have to ride a short-term loss before the long-term trend carries them into profit.   Read More

The next upside targets for the Shanghai Index are near 2,540 and 2,600.    Read More

The slow upside move in the Dow looks set to continue but the momentum is reduced.   Read More

The upside projection has a target near 2,150. This is a tentative target because there is a strong historical resistance level near 2,100.   Read More

There is a high probability gold will use the previous resistance level near $1,880 as a target level.   Read More

The chart pattern suggests an initial target of $1.18 and this is usually followed by a consolidation.   Read More

The price target for Nymex Oil is around $120 over the next few weeks.    Read More

The current rally is testing the support/resistance level near 2,300. A move above this level is bullish. A retreat away from this level is bearish and confirms the downtrend remains very strong.   Read More

The current rally in the Dow is limited. After the index touches 12,600 by the end of January, the rally will lose momentum.   Read More