Clik here to view.
Shanghai rising but Nikkei, ASX selling pressure
Germany’s DAX is retracing to test the new support level at 8000. Respect would confirm a primary advance, but bearish divergence on 13-week Twiggs Money Flow warns of selling pressure — a fall below...
View ArticleClik here to view.
Gold: Two elephants in a lifeboat
There are currently two players destabilizing global financial markets — like elephants in a lifeboat. One is the Bank of Japan, with markets uncertain as to how massive expansion of the monetary base...
View ArticleClik here to view.
Bearish signs for stocks
10-Year Treasury yields respected support at 2.05/2.10% with a key reversal (or outside reversal) on Friday, signaling a primary up-trend and possible test of 4.00% in the next few years. The tall...
View ArticleClik here to view.
Nikkei, ASX find support but India & China weaken
Dow Jones Japan index found support at its long-term rising trendline. Follow-through above 77 would indicate the correction is over, suggesting an advance to 100*. Breach of the trendline, however...
View ArticleClik here to view.
S&P500 recovers as bond yields rise, but TSX weakens
10-Year Treasury yields respected support at 2.00%, confirming the primary up-trend. Only breakout above 4.00% would end the 31-year secular bear-trend, but a rise to there would result in an almost...
View ArticleClik here to view.
Europe & Asia: Widespread selling pressure
Germany’s DAX respected support at 8000 on its recent retracement. Follow-through above 8500 would confirm a fresh primary advance. Bearish divergence on 13-week Twiggs Money Flow, however, warns of...
View ArticleClik here to view.
Gold and Dollar fall
Gold retreated below support at $1400, indicating the end of the bear rally. Expect a test of primary support at $1320/$1340. Yesterday’s long tail is evidence of short-term buying pressure, so breach...
View ArticleClik here to view.
S&P500 up-trend despite test of support at 1600
A monthly chart shows 10-year Treasury yields continue to respect support at 2.00%, confirming the primary up-trend. Expect resistance at 2.50%, but the long-term (multi-year) target is 4.00%, where...
View ArticleClik here to view.
Europe: Broad selling pressure
The FTSE 100 encountered selling pressure at 6750, indicated by bearish divergence on 13-week Twiggs Money Flow, and is correcting towards the rising trendline and support at 6000 on the monthly chart....
View ArticleClik here to view.
Gold falls while Treasury yields rise
Gold is testing primary support at $1340/ounce. Breach of support would signal another primary decline, while follow-through below $1320 would confirm. Declining 13-week Twiggs Momentum below zero...
View ArticleClik here to view.
ASX and Asian selling pressure
Japan’s Nikkei 225 Index respected support at 12500 and its long-term rising trendline, but another test is likely in the week ahead. Follow-through above 13500 would indicate the correction is over,...
View ArticleClik here to view.
S&P500 holds strong while Canada and Europe weaken
10-Year Treasury yields broke resistance at 2.50% as bond-holders offload their positions. Expect weak retracement to test the new support level at 2.00%, but recovery above 2.50% is likely and would...
View ArticleClik here to view.
S&P500 falters while TSX rises
The S&P 500 rally appears to be faltering. Reversal below 1600 would suggest another decline, with a target of 1500*. Breach of support at 1560 would confirm, while reversal of 21-day Twiggs Money...
View ArticleClik here to view.
Asia rallies but ASX meets resistance
Japan’s Nikkei 225 broke resistance at 13500, indicating the correction is over. Expect a re-test of the May high at 16000. Reversal below 13500, however, would mean another test of 12500. A trough...
View ArticleClik here to view.
Dollar strengthens while bonds fall
The Dollar Index is headed for a test of resistance at 84.00/84.50. Respect of the rising trendline indicates a healthy up-trend — as does the 13-week Twiggs Momentum trough above zero. Breakout above...
View ArticleClik here to view.
S&P500 tide changing
The VIX retreated below 15, signaling that market risk is falling. The S&P 500 is testing its declining trendline after a brief consolidation above 1600. Penetration would suggest that the...
View ArticleClik here to view.
Bond ETF exits proving costly| Bloomberg
Lisa Abramowicz and Mary Childs at Bloomberg write: Investors who sought exchange-traded funds as a faster way to trade corporate bonds are finding that they can be as expensive to trade as the...
View ArticleClik here to view.
Investment in Porter Capital Management
By Colin Twiggs on July 17th, 2013 I have acquired an equity share in Porter Capital Management Pty Ltd and will act as a director of the company with responsibility for global markets. Having known...
View ArticleClik here to view.
Gold: $1200 next?
Spot gold consolidating in a narrow band below support at $1250/ounce suggests a test of $1200. The 63-day Twiggs Momentum peak below zero strengthens the signal. Breakout below the June low ($1200)...
View ArticleClik here to view.
Gold support at $1200
Gold The long tail on this week’s candle reflects buying support for spot gold at $1200/ounce. Recovery above $1250 would suggest another rally to $1350. But the 63-day Twiggs Momentum peak below zero...
View Article
