There’s a lot going on in the world right now, and India specifically, but one positive to come out of all this mess is we may be seeing a more clear trend develop in USD/INR.
Let’s take a look at what’s happening.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
There’s a lot going on in the world right now, and India specifically, but one positive to come out of all this mess is we may be seeing a more clear trend develop in USD/INR.
Let’s take a look at what’s happening.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Copper is important for a variety of reasons, but it’s often discussed within the context of global growth expectations.
Given we just hit 2-year lows it may be a good time to discuss Dr. Copper, why he may be headed into “critical condition”, and what it could mean from an intermarket perspective.
[Read more…]
by Tom Bruni
New Mystery Chart!
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
New Mystery Chart!
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Cannabis stocks have been a bit of a disaster since late March, but let’s take a look at what’s happening and if there’s a way to play it.
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Wednesday morning I outlined the charts we were watching ahead of the Fed Decision and what we would need to see before getting out of the way and reevaluating our bullish Equities and US Interest Rates thesis.
Today I want to look at those same charts and note what’s changed and how we’re moving forward.
by Tom Bruni
Today we’re going to look at July’s monthly charts and identify the changes worth noting. [Read more…]
by Tom Bruni
Tuesday’s Mystery Chart received a lot of responses, with most of you were erring on the long side.
Now, let’s look at the chart and its related theme. [Read more…]