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.
With a very minimal involvement in these games, Li Ning Co. has all of a sudden come away as a big winner, thanks to its namesake and chairman lighting the torch at Friday's Beijing Olympics Opening Ceremony. Can Li Ning really soar? Charting Asia finds out.
The credit crisis continues to beat up Wall Street, which in turn is creating turmoil in the Asian markets. Year-to-date, Tokyo is down over 15%, Syndey is off 23% and Shanghai is down a whopping 45%. Are the bears sticking around? We seek answers in the Dow's chart.
From energy to grains and metals, commodities are enjoying a rally in prices. New records for corn, rice, gold and of course crude oil have been set this year. Natural rubber is no different, with prices up by 50%. Charting Asia takes a look at why prices are bouncing higher.
In the movie, Kung Fu Panda, Master Oogway, the old wise tortoise tells Dustin Hoffman's red panda character Shifu, "There are no accidents". The best technical analysts will reach a similar conclusion when a chart like Hong Kong-listed Sinopec, flashes on the screen.
Geopolitical tensions between Ukraine and Russia has accelerated the rally in Nymex oil prices that started in the week of January 18.
As questions on the effectiveness of Abenomics continue before a sales-tax hike takes effect in April, where the yen's headed is anyone's guess.
Worries about U.S. and China's weak economic data have seen gold rise to a three-and-a-half month high on Monday.
The appearance of a pattern in one time frame does not foreshadow the appearance of the same on a larger time frame.