Seasonality has pushed Brent Crude higher since late January and crude oil currently looks bullish, but this upwards pressure will soon run out of steam, according to David Linton, Chief Executive at Updata.
Peter Lee, Chief Technical Strategist at UBS in New York, gives his technical outlook for 70 stocks that he believes are of wide interest.
The S&P 500’s cyclical correction is likely to be in its later stages, according to Ari Wald, Technical Analyst at Oppenheimer.
The major equity markets are overbought and are likely to pullback, but thereafter will ‘mount a concerted effort to reach new highs’, says Ron Meisels, President of independent research house Phases & Cycles.
Did the 2015 high mark the completion of a Wave III or Wave V for USDJPY? Tony Sycamore, Director Institutional Foreign Exchange at Commonwealth Bank of Australia, says we may soon be able to tell.
If the rally to $39 represents a Wave IV correction then WTI will target $16.45 in its next leg down, says Walter Zimmermann, Senior Technical Analyst at United-ICAP.
Significant inflows into High Yields and equities have triggered a contrarian sell signal on BofA Merrill Lynch Global Research’s flow trading rule.
The difference in behaviour between the ten- and thirty-year US Treasuries may alert us to a pivotal turn in US interest rates, says Peter Lee, Chief Technical Strategist at UBS in New York.
Six finalists have been shortlisted in the Best Technical Analysis Platform category for The Technical Analyst Awards 2016.
The S&P 500 is in the midst of a cyclical correction within a secular bull market, according to Ari Wald, Technical Analyst at Oppenheimer.