Expert technical analysis of financial markets by JC Parets
by Tom Bruni
Long-term Equity charts and breadth measures continue to suggest a defensive approach towards stocks remains appropriate.
With that said, if you’re a trader taking advantage of this volatility then the following charts are those we’d watch to determine if the recent bounce can continue.
by Tom Bruni
We’ve been talking a lot about our expectations for continued volatility and what conditions we’d need to be bullish stocks again.
In this post, we want to step back and see what some of the longer-term weekly and monthly charts are suggesting for stocks and the other major asset classes.
by Tom Bruni
Last week we outlined why the risk remains elevated in stocks and updated our forecast for continued volatility.
When markets go through periods of elevated volatility/stress, many market participants look to catch the exact bottom, but a better approach in our view is to buy on the way back up!
by Tom Bruni
In our market view update, we outlined how we’re approaching stocks after catching last week’s 20% rally in the Nifty 50.
In this post, we want to share an intermarket signal that’s suggesting a defensive posture remains best when approaching stocks as an asset class.
by Tom Bruni
Last week we looked for a counter-trend rally in stocks and we got it. The Nifty 50 rallied 20% from its intra-week low to its intra-week high, leaving a lot market participants asking if Indian stocks are out of the woods.
In this post, we’re outlining why our defensive stance remains and how we’re approaching the weeks ahead.
by Tom Bruni
This week, the US Dollar/Rupee pair hit our upside objective and evidence suggests a near-term pullback is likely.
In this post, we’ll update our risk management levels and outline why the Rupee remains at risk longer-term.
by Tom Bruni
This week we’ve outlined what we need to see from breadth, the Nifty 50 & Bank Index, and Copper in order to get long Indian stocks from any sort of intermediate or long-term perspective.
Although we’ve not seen those developments yet, US Stocks (S&P 500) is back above its December lows and other foreign indexes have started to catch a bid in the near-term. This subtle improvement is suggesting some trade opportunities could develop on the long side for those who hold positions for a few days to a week or two.
by Tom Bruni
As we look for signs of a tradeable low in Equities, we’re not only looking at breadth and the stock market’s leaders, we’re also looking to the Commodity market for a signal of what’s to come.
Let’s get into why Copper needs to be on your radar.
