As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for the resilience is due to Chinese economy relatively speedy recovery from the pandemic. After the initial breakout in […]

Silver extended lower from 8/7 high. While below 9/15 high, silver can see more downside. However, the metal can see support at the equal leg from 8/7 high.

ES_F is correcting cycle from June 15 low as double three correction. While below September 17 high, expect bounce in 3,7,11 swings to fail.

Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting the cycle from the March low. The price structure from the June 8th peak is incomplete at the […]