I published the chart and the text above for ADOBE together with my forecast (blue dashed line) in my Chart Outlook of 25.6.2019. You see that I did look for a major peak in ADOBE to be registered inRead More
Die Kryptowährung Bitcoin ist auf dem Weg zu einem neuen Allzeithoch. Dafür sprächen gleich mehrere Indikatoren, sagt der renommierte Charttechniker Rolf Bertschi gegenüber finews.ch.Read More
he two charts below show the Total Return from 7-10-year Australian Government Bonds (Thomson Reuters Index). The upper chart shows the Total Return in local currency, i.e. in Australian dollar.
The Australian Total Return Index has increased from 100 in 1990 to
The chart of the S&P 500 Index is from my Chart Outlook of one week ago of 6th May 2019.
It shows my forecast, marked by the blue dahsed line.
The chart of Novartis is now adjusted for the Alcon-spinoff.
Novartis registered a peak at 85.90 on 8.4.2019. It entered a correction following this high.
This correction is at risk of taking the size of a medium-term correction if not even
The chart is copied from my Weekly Chart Outlook of 25th February 2019.
My forecast, shown by the dashed line, has called for a continuation of the uptrend
Today’s selloff in UBS is Wave c of the second ZigZag within a double ZigZag correction.
This Wave C has declined exactly to the multiple Fibonacci support at 12.35.
This level marks the 61.80% retracement to the December/January rally. Moreover, it marks
I began my career as a financial market strategist and market technician in 1980, when I joined the investment research of Credit Suisse in Zurich. During the secular equity bull market of the 1980s and 1990s I earned some money with my equity investments.Read More
I recommended purchase of SWATCH in my latest Chart Outlook Global Equities on 11.2.2019 when it traded at 272.
In the last few days, SWATCH rose to 292.80 on 13.2.2019.
The automaker said it expects results in the first half of 2019 to be down compared to 2018, in part because it will not be selling two generations of the Jeep Wrangler side-by-side, as it did in 2018.Read More
I labeled the recovery from 27.12.2018 at 6.68 to 25.1.2019 at 8.32 as Waves a-b-c and such as a corrective rebound. I stated that the downside risk is still high.Read More
Yesterday, I watched the movie DEEPWATER HORIZON in my dolby surround home cinema.
It was an experience of the special kind.
So, today I had to go to my chart library
Apple has shown clear signs of a bubble in September and October 2018.
I started to point out that Apple might be forming a major top in September. But, it took another new high and a break of the supports of 211/210 and 207/205 when the SELL signals were triggered.
The Candle chart below is the yearly chart of Apple. The candle of 2018 is likely to have been the peak with the sell-of-the-generation. Next support is around 145 and 90.Read More
Following the investors day and the announcement of the share buyback program the stock managed to rally off the low from 10.11.2018 at SFR 10.80 to SFR 11.56 this morning.
Is this rally the turnaround?