A large base has completed for iron ore, providing the platform for a more sustained bull trend, according to David Sneddon and this team and Credit Suisse in London.
The NASDAQ has broken above a short-term downtrend channel, suggesting it will reach new highs imminently, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
A breakout may usher in a new leg up for the iShares Nasdaq Biotechnology ETF, says Frank Cappelleri, Chief Market Technician at Instinet.
A double top may soon be confirmed for GBPUSD, according to David Sneddon and his team at Credit Suisse in London.
An analysis of volume for the S&P 500 suggests the index will likely return to its former uptrend, says Buff Dormeier, Chief Technical Analyst at Kingsview Partners.