FlowBank

1094 days ago

FAANG stocks breakout to new record high

The biggest tech stocks in the US have seen a dramatic turnaround in the past month - and as a group - are now back at a record high. This raises the following: question how long can value stocks maintain their outperformance YTD?

#Technical Analysis
FAANG stocks breakout to new reocrd high

1099 days ago

Double bottom pattern emerging in gold ?

Double bottom pattern would only be confirmed with a rise over the mid-March peak but rally off the low is postive for gold.

#Commodities #Technical Analysis
Double bottom pattern emerging in gold ?

1105 days ago

Bloomberg's bullish technical analysis case for USD

An army of bullish technical indicators is assembling to put King Dollar back on the throne. In the accompanying chart I've shown four of them, starting with the Bloomberg Dollar Spot Index's clear breakout of its year-long downtrend from last March.

#Forex #Technical Analysis
Bloomberg's bullish technical analysis case for USD

1123 days ago

Brent crude oil falls back from Jan 2020 peak and $70 per barrel

Trend is higher but BCO faces dual resistance near $70 per barrel

#Commodities #Technical Analysis
Brent crude oil falls back from Jan 2020 peak and $70 per barrel

1126 days ago

RSI bullish divergence in the US dollar index

Dollar could be readying a big move up in previous RSI price pattern is any guide

#Technical Analysis
RSI bullish divergence in the US dollar index
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