Technical Strategies >>>
The S&P 500 technology sector index appears to be setting up for a bullish year and a number of technical indicators suggest the sector may soon be ready to assert market leadership. Click here to view the article.
Analysis of each of the 10 S&P sectors relative to the S&P 1,500 Composite index shows that the market leader on almost all time frames, from three years down to the last three months, has been the health-care sector, shown in green on the chart at right. The discretionary sector, shown in black, accompanied the health care sector for much of that [...]
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A string of technical signals came together to time a breakout of WTI crude from its recent narrow range. Click here to continue reading sample article.
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Brent crude has been choppy during the past two years making it difficult to rely on popular technical indicators. While traders may typically choose to avoid a chart like Brent, the Geometric Rectangle annotation tool in Bloomberg can help define some lines, parameters and symmetry within a challenging, range-bound market. Click here to continue reading sample article.
The Standard & Poor’s 500 Index may fall as much as 8.7 percent after climbing to the upper limit of a rising channel, according to Roelof-Jan Van den Akker, a technical analyst at ING Groep NV. The S&P 500 will decline to a support level of 1,540 after it advanced to 1,709.67 on Aug. 2, Van den Akker [...]
West Texas Intermediate crude’s advance is stalling as a measure of technical momentum slows. The 14-day moving average convergence-divergence indicator has pared a premium to its signal line to the narrowest level since July 1, according to data compiled by Bloomberg. To read more, click here.
The Dubai General Index, up about 38 percent year-to-date, is no stranger to volatility with previous swings both up and down varying from 20 to 40 percent. The breadth of the recent trend, along with other technical indicators, suggest that after a brief period of short-term weakness the rally could proceed substantially higher. Click here to continue reading sample article.