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.
Are we there yet? That's the question on everyone's lips. People are praying for capitulation. We take a look at the charting features that will help to identify, first, the end of the market fall and second, the development of a market recovery.
This week has been one for the record books. But while investors were left scrambling in the wake of the Lehman, BoFA/Merrill and AIG dramas, oil prices quietly slipped below $100 a barrel. And no one said anything about it, so Charting Asia will!
The government bailout of Freddie Mac and Fannie Mae unleashed a Mac Attack on markets worldwide with Asia experiencing a 4% pop Monday. Can the pop turn into a lengthy rally, similar to the rally that occurred after the Bear Stearns bailout? The short answer -- no.
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.
A breakout pattern and new uptrend are yet to emerge for the Shanghai Composite Index – recent activity indicates three possible patterns ahead.
Gold prices have fallen about 7 percent since its 2014 high but brace for further losses as the downtrend remains intact.
Come April, the price will fall to 530 yen with the sales tax completely excluded, and retailers can choose to absorb none, some or all of the tax.
The Shanghai Index is on course to potentially complete a broader strategic reversal pattern. Chartist Daryl Guppy explains.