Charting Asia
- Tuesday, 21 Jun 2011 8:41 PM ETBy: Daryl Guppy
The long-term fundamental factors like talk of a technical default in the U.S., a weakening Dow index and insipid economy, which have contributed to US dollar weakness, have not disappeared, so long-term downward pressure remains. » Read more - Tuesday, 14 Jun 2011 7:50 PM ETBy: Daryl Guppy
The Nasdaq China Index is moving towards the upper edge of the historical trading band near 190. This is a well-defined support level. Aggressive traders will look for a rebound development from this level. » Read more - Tuesday, 7 Jun 2011 7:39 PM ETBy: Daryl Guppy
A new head and shoulder pattern has developed in the Dow. The rapid falls of last week confirmed the right shoulder of the pattern. The depth of the pattern puts the downside target near 11,600. » Read more - Tuesday, 31 May 2011 8:43 PM ETBy: Daryl Guppy
Oil remains on a bull run. The fall from near $114/barrel to below $100/barrel is a correction, but not a change in the trend. This behavior sets a higher price target for oil as the uptrend continues. » Read more
BIO
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.
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