LIT looks interesting again on the long side now that the current down trend has come to an end with a breakout from the falling wedge. Two things make this trade/sector interesting. Firstly, the daily

With price having chopped around sideways for the last month giving no clues as to the future direction, the only pattern I am paying attention to right now is the declining triangle that has been forming

The daily chart on the KOSPI sports a lovely looking inverse head and shoulders that formed with bullish divergence to add weight to the strength of the pattern. Taking a look at the weekly chart below

The saying in Technical Analysis goes, the bigger the base, the higher in space. So when a market is breaking out of a 25 year base, it's not to be ignored. As can be seen from the above chart of the TOPIX,

Today's move in the retail space looks like a rejection of the breakout from what seemed to be a three and a half year basing pattern. Also of concern is the relative strength chart vs the S&P 500,

Russell 2000 weekly log chart right at support now and bearish divergence present. Significant dent to the bullish equities view if it breaks.

The breakout in BCH is still valid as long as price can stay above the upper boundary of falling wedge and the low of this month. Target up at the beginning of the wedge formation at 1,200. See here for

Intel is starting to show signs of improvement here that are worth monitoring. If this level can hold today, it will mark the end of the downtrend that began in June. I wouldn't be in a rush to buy it

Vale has rallied over 600% since it bottomed in V-shaped fashion in early 2016. After each consolidation the following rise has been significant in nature and moves out of symmetrical triangles also tend

SLX is showing some encouraging signs at the moment. The daily chart shows price has completed a failed breakdown which occurred with bullish divergence present. It has also cleared the downtrend off the

With Silver already having broken out, it seems likely that Gold will soon join the party. Commercial hedger positioning is at almost historic extremes suggesting a rally is in the cards. Last week Gold

Whilst I remain bullish US stocks for a few reasons (see here for part of the explanation: it's clear that in the short-term, the major indices are sitting on key levels. First chart above shows the S&P

The rising wedge that can clearly be seen on the daily chart, overthrew the upper boundary in June but soon failed, typical behaviour of a rising wedge. Price confirmed the breakdown late August, moved

From February 2016, for a full two years, Boeing went on a stellar run, rallying 264%! The last nine and a half months, price has formed an ascending triangle which it's breaking out of today. Weekly chart

Despite the S&P500 and NASDAQ recently moving to, or back toward all time highs, the Semi's have been stuck in a range range for 6 months. That range has been growing increasingly narrow and price

The key feature on the Euro/USD chart is the the two and a half year basing pattern formed after price fell for nine and a half years from its 2008 high to Jan 2017 low (shown on the monthly chart below).

From 6th September until late last week, Alphabet (Google) was trading below significant support created initially off the late January high that printed just before the whole market took a nosedive.

This past couple of weeks has seen the NASDAQ consolidating in a tight range which formed a small pennant as seen above. That pennant broke out in the later part of the week and the NASDAQ also resumed

RPD recently broke out of 5 month inverted triangle with the strength of the move being confirmed by RSI pushing above the 70 level. During the recent consolidation in equity markets, RPD has retraced

ABMD, a Healthcare name and a member of IHI, the Medical Devices ETF that has been a huge out-performer, broke out of a pennant this week, confirming further upside for the name. With little resistance