Tuesday, 3 February 2015

S&P 500 and Dow rally from trend line supports

Daily chart shows the S&P 500 rallying from trend line support.



Dow also.



Both charts includes all sessions trade.

ASX 200 rallies to highest point since May 2008, channeling higher from 2009 low

Weekly chart shows ASX 200 rallying to its highest point since May 2008, channeling higher from the 2009 low. What a spectacular rally it has had since mid January, and one I certainly didn't see coming. Win some, lose some. Arithmetic scale chart, includes after hours trade.




AUD/USD plunges toward possible dual trend channel supports

Daily chart shows AUD/USD reaching out toward a test of trend channel support, just above 0.76.



Weekly chart shows AUD/USD reaching out to test an entirely different trend channel support, just below 0.76.