BNP Paribas: Weekly Technical Review
Maxime Viemont, head of technical and quantitative strategies at BNP Paribas Personal Investors, presents his weekly technical review for 21 January. His research covers equities, bonds, FX , and commodities.
January 2014
Amazon price targets 473
As the Amazon share price continues to rise, breaking through a key level at 397.03, the stock may be set to rise further still to 472.53, according to Walter Zimmermann at United-ICAP.
USD/JPY: look for break at 102.99/103.54
Trading in USD/JPY since September has seen selling interest repeatedly fail to continue for more than 3 days in a row, says Max Knudsen at ADS Securities . Against this background the forecast is to be cautious and expect no new momentum until prices break 102.99- 103.54.
Bund futures outlook
Clive Lambert of FuturesTechs gives his in-depth short and longer-term outlook for bund futures for 2014. This includes analysis of the potential formation of a significant head and shoulders pattern.
Watch Italy vs. world ratio
A bottoming pattern in the FTSEMIB vs MXWO ($ adj) could mean a significant outperformance by the Italian index if the ratio resistance level (see chart) is broken, according to Riccardo Ronco at Aviate Global.
BNP Paribas trend following stock selection
Maxime Viemont of BNP Paribas Personal Investors presents his ranking of 300 stocks from the Eurostoxx index based on his team’s trend-following quant model. Read more…
S&P500: look for break above 1850
The S&P500 needs a break above 1850 to clear the way for a move to 1950, according to Maxime Viemont, head of technical and quantitative strategies and BNP Paribas Personal Investors in Paris. His latest weekly report also includes European stocks, bond and currencies. Read more…
Global Equity Outlook 2014
Indian research house, Trend-Wise, has published its outlook for global stocks for 2014 with a particular emphasis on how the Indian market will be impacted. Coverage includes US, European and some Asian charts, and flow analysis.
Studies in market tops and the A/D line
Paul Desmond of Lowry Research discusses warning signs of stock market tops and his latest research into how best to use the advance/decline line.
Asset Allocation Review Q1/2014
Bloomberg’s technical analysis research team publish their global asset allocation outlook for Q1 2014. Markets covered include equities, fixed income, FX and commodities along with assessments of volatility, sentiment, market breadth and Volstall stop and reverse strategies.