Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 12
If a precedent was set by Friday's undercut of the 200-day MA in Semiconductors, then it could be a rough few weeks ahead for indexes.
The loss of the 200-day MA after such a recent test was not...
The index that had managed to break to new highs last week, the Dow Industrial Average, now finds itself pulling further away from its "Bull Trap" into a test of its 20-day MA.
Selling volume was...
So much for the bullish outlook as bears made their presence felt. The biggest loss was in the Semiconductor Index as it lost nearly 8% to close just above the 200-day MA.
In addition, the latter...
Indexes ended last Friday's session on a strong note, setting the stage for a promising start to the post-Labor Day week.
The S&P 500 stands out among the indexes, reclaiming the ground lost...
Markets spent most of the day in bearish territory, with only the Dow Jones salvaging something into the close.
Nvidia's (NASDAQ:NVDA) 5%+ loss in after-hours on its earnings release won't help the...
Markets have enjoyed steady gains in recent weeks, with the Dow Jones Industrial Average leading the charge. Earlier yesterday, the index showed signs of a potential breakout, but it pulled back by...
Last week's sharp selloff jolted markets, which had barely seen a loss since late 2023. While a recovery was expected, the key question now is whether it has peaked and if the fears that triggered...
After three days of selling it was hardly surprising to see bulls take a peak from under the blanket. Having said that, it was all fairly tentative, with only half the volume of prior selling...
Friday's big gaps lower have the potential to become breakdown gaps, but for now, the near-term oversell has for a possible move into the gap price vacuum. The index most likely to achieve this in...
The recent market pullback has exposed vulnerabilities in major indexes, with the S&P 500, Nasdaq, and Russell 2000 facing critical tests. Technical indicators suggest a potential shift in market...