The Dow does not like what it sees as trade tensions rise, according to Daryl Guppy. Source link

The pullback in oil prices takes place within the environment of a well-established uptrend, writes Daryl Guppy. Source link

A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China. Aly Song | Reuters The Shanghai index retreated and then broke out this month, and that’s a bullish signal for the market. The pattern confirms that the rally from the low of 2,691 is part of an emerging […]

Mariya Gordeyeva | Reuters Traders who went short gold in May are beginning to consider covering their short positions. The collapse of the gold price was a classic trend change. It started with a retreat from a strongly defined resistance level near $1,365. It continued with a move below the long-term uptrend line that had […]

Damien Meyer | AFP | Getty Images Tech heavyweights Facebook, Apple, Netflix, Amazon and Google parent Alphabet have an inordinately large weighting on the Nasdaq, so any change in their financial health has a disproportionate impact on the index, both bullish and bearish. But is it fatal? Are tech ructions a precursor to another crash? There are […]

The Australian dollar in various denominations. Brendon Thorne | Bloomberg | Getty Images The market contradiction with the persists. The Australian market is making new 10-year highs, although has stalled near resistance at 6,300. New and persistent market highs are a sign of economic strength, although the Reserve Bank of Australia continues with low interest […]

A heavy crude oil pump. James Hall | EyeEm | Getty Images A little over a month ago I wrote about NYMEX oil and suggested that the pullback was a buying opportunity. Investors watch for the opportunity to add to long positions as the price rebounds from any of the three support features on the […]

Stack of dollar bills. Marcos Brindicci | Reuters The breakout in the U.S. dollar appears to have slowed, so investors across the board are eager to determine if that is the end of dollar strength, or just a pause. Before we get too carried away with the idea of a strong dollar it’s useful to […]

Pedestrians walk past an electronic board showing the closing trade numbers of the Hang Seng Index in the Central district of Hong Kong on July 6, 2015. Isaac Lawrence | AFP | Getty Images Hong Kong’s Hang Seng Index has broken two significant support features, suggesting a continuation of its downtrend —with a downside target […]

Carolyn Hebbard | Flickr | Getty Images A few weeks ago I noted the market contradiction between the and the .The stock market was making new 10-year highs but the currency was posting significant lows. There was a contradiction, and a question arose: Who is the dominant partner in this relationship? Well the answer is […]