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. He is a special consultant to AxiCorp.
A continued weak showing by the dollar is on the charts unless a rebound from around 91 is successful.
The Dow could head into bubble territory if the divergence between the current high and the underlying trend gets too wide.
Bitcoin futures have soared since debuts on futures exchanges this month with technical charts signaling a sharp correction is likely.
The Shanghai Composite index could test support between 3,260 and 3,290.
U.S. oil prices have widened their trading range.
Australia's S&P/ASX 200 has crossed a key technical resistance level and is headed higher.
The Nikkei 225 appears to be responding to economic reforms launched by Prime Minister Shinzo Abe, technical analyst Daryl Guppy says.
A rebound for the Aussie is expected, but continued dollar gains could make it brief, technical analyst Daryl Guppy says.
Continued record highs for the Dow this year should not discourage investors from going long, says technical analyst Daryl Guppy
Kospi strength remains intact despite the pullback, suggesting there is little to worry about North Korea risks, Daryl Guppy writes.