Sunday, 11 October 2015

ASX 200 daily chart rallies to resistance

S&P 500 daily chart testing trend channel resistance, far below 200 day sma

First up, daily chart including all sessions trade. All blue trend lines run parallel.

Next is a daily chart for the cash market. Well below the downward sloping 200 day simple moving average (sma). Volume has declined notably with Thursday and Friday's foray above the 2000 level.

None of the above is a bullish edge!

NASDAQ 100 testing trend line drawn from July & September highs

Hang Seng daily chart testing trend channel resistance

Gold daily chart rallies through trend line that previously capped trade in 2015

Silver daily chart rallies from inverse Head and Shoulders bottom

AUD/USD daily chart rallies through parallel trend line resistance

EUR/USD largely bound by sideways range since late January