in technical analysis

S&P 500 Technical Analysis – Still holding firm

We’ve been asking 1131.50 to do a job as support and in the main it’s obliged.
The couple of times we haven’t held this level, yesterday being one, we’ve got down to 1127 before bouncing neatly.
We get the hint. We’ll be bulls above 1127, moving our green SkewBar area down to here.
But the market has been going sideways …

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in technical analysis, Uncategorized

Brent Crude Oil breaking higher – Technical Analysis

Here at Futures Techs we cover, on a daily basis, Brent Crude Oil, GasOil, NYMEX WTI (AKA Light Sweet Crude), Natural Gas and Carbon Emissions. Below is today’s comment and levels for Brent Crude, where we’ve seen a good move in recent sessions.
A bullish breakout on Wednesday was backed up beautifully by another strong session yesterday as we traded …

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in technical analysis

Technical Analysis Tutorial: Volume Analysis

Let’s go back to basics: technical analysis is the study of market action, i.e. the interactions of buyers and sellers. Rather than the merits of what is being bought and sold, we analyse these interactions in search of patterns and trends that will identify profitable opportunities.
But the information available to the technical analyst does not need to consist merely …

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in technical analysis

Technical Analysis Tutorial: Market Profile (1)

Market Profile (c) is a distinct way of charting and analysing price action. It has a very different feel to normal methods of charting, so be prepared to look at markets in a very different way after reading this tutorial! Hopefully you’ll see why there are so many traders who swear by it.
Let’s jump straight in and have a …

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in technical analysis

Technical Analysis Tutorial: Candlestick Compendium!

This is a quick summary of important candlestick patterns. It’s presumed that you know the basics of candles: if you don’t, see the article links in our Members Area.
Without further ado, let’s begin.
1. Bullish Marabuzo
Number of candles: 1.
Description: long green candle which opens near its low, and closes near its high.
Implications: BULLISH.

2. …

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in technical analysis

Technical Analysis Tutorial: Bar Charts

Bar charts were the most popular way of depicting price movements until Japanese candlestick charts invaded Western technical analysis during the 1970s, but are still as useful as they’ve ever been.
They depict the same information as candlesticks, merely presented in a different way. They have their own terminology, and are most commonly used in conjunction with classical chart patterns …

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