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 weekly chart for Nissan shows a powerful trend recovery and a strong rebound from newly created support areas. Is the rebound sustainable or is Nissan merely a 'leaf' blowing in the winds of turmoil facing the auto sector? Let's see what the charts say.
Companies like McDonald's have proved resilient during the recession, with many believing it would benefit as people adjusted eating habits in response to falling wages and looming unemployment. As the fastfood giant gets ready to unleash quarterly earnings Thursday, will its golden arches lend support to the stock's performance?
Markets don't develop in isolation, neither do they develop in unison. In any related group, there's usually a leader, and a laggard. These inter-market relationships provide good trading opportunities because one index will lead the way in behavior and development. Alert traders watch the leader, then look for a duplication of this behavior in other associated markets.
Wall Street's been experiencing a pullback this week. Are the green shoots of growth about to be nipped in the bud? Will they be overtaken by fast growing Chinese bamboo shoots? Chart analysis provides one method to assess the viability of green shoots and bamboo shoots.
The firestorm caused by Rio Tinto pulling out of its deal with Chinalco, resulting from the partnership with once bitter rival, BHP Billiton, has the makings of a soap drama. It's enthralling viewing, but many observers are missing the vital sub-plot which leads to the surprise ending.
Chinese stocks stormed higher in recent months, but charts indicate they may face a period of consolidation.
Gold fell on concerns that a strong dollar and improving economy could damp demand, and silver charts suggest that bullion may not regain upward momentum soon.
Charts suggest that the downtrend in the euro/dollar is firm ahead of the European Central Bank's (ECB) policy meeting on Thursday.
The Dow Jones Industrial Average posted its largest annual gain last year and while momentum has slowed, investors are questioning whether the rise has run its course.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.