in commentary, technical analysis

Natural Gas Technical Analysis for 15th August

Our Natural Gas commentary from this morning highlighted a developing pattern that suggests yesterday’s gains presented a selling opportunity. Here’s a snippet from our report:
I’ve added a line to today’s chart which is slightly tentative but may be confirmed by price action today if we keep 2.837-2.857 in the resistance column.
The line is a Neckline, classing recent price …

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in commentary, technical analysis

FTSE Technical Analysis

Three charts to show you today:
Here is a Weekly showing the gently sloping DOWNTREND LINE that can be placed above the lower highs since the failure/high in October 2007.

What this shows is that the recent rise has taken us up a key juncture. This has pretty much defined the recent highs TO THE TICK.
The next chart …

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in Uncategorized

FTSE Technical Analysis – Market still nervy.

The market looked damp right from the start yesterday, in fact even before the FTSE had opened the DAX and Stoxx had failed to hold gaps that they’d created with strong opens, so you could argue that the bulls had lost control of the impetus even before the FTSE opened.
But it never felt like it was going to be …

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in company News

FuturesTechs – Past, Present and Future!

FuturesTechs celebrates 10 years in business this year. Back in March 2000, exactly as the NASDAQ 100 peaked above 4800, I set up FuturesTechs to provide analysis for Caboto Securities, the firm I had just left, plus any other ex LIFFE traders who were interested. The LIFFE Floor had recently succumbed to the rise of Electronic trading and the “Locals” …

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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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