Australia’s primary stock index, the XJO (index of the largest 200 Australian companies: ASX-200), closed 2021 strongly with a bullish yearly candle and a bullish December monthly candle capping a gain of 13% for 2021.

I saw a reference to Abercrombie and Fitch (NYSE: ANF) in the media over the weekend and this prompted me to have a look at how the stock was currently charting. The article suggests that the company has been making an effort to reposition itself in an attempt to reclaim market share and the chart […]

The following charts were screen captured today and are chart patterns I am monitoring for any new momentum breakout. Most of the charts patterns are descending wedges, one of my preferred chart patterns to monitor as explained here, here and here. As always, do your own research, manage risk and only trade with funds you […]

Stocks market investors have been a bit rattled this week amid fear surrounding the winding back of US stimulus and potential of rising interest rates. Rising yields have investors worried but, as my husband reminded me this morning, money has to flow somewhere. This conversation drew me to pull up the chart of Citigroup for […]

Australia closed its international borders due to Covid-19 back in March 2020. Although more than half the population of the country is currently in a Covid-induced lock-down, the political conversation has shifted to issues surrounding the reopening of our state and international borders. This dialogue is very new but it was enough to prompt me […]