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Declan Fallon

Joined: Mar 19, 2010
  • Analysis & Comment

Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 25

In principle, last Friday's action was relatively bullish, with some decent bullish candlesticks at support. Volume was a little mixed in that there wasn't across-the-board accumulation, but we will...
Buyers make a reappearance after an extended period of selling. However, where in late spring and early summer, any gain helped fuel a rally, this time, sellers have control of the market so that any...
I didn't mention this yesterday, but the Dow Jones Industrial Average has managed to defend breakout support. While other indexes fluff their lines, there is still a buying opportunity for this...
The latter part of last week saw sellers pick up the pace, but buyers were not going to give up without a fight. In the case of the Russell 2000 (IWM), the 200-day MA has acted as a point of action...
What was relatively orderly selling from the July peak has now seen an acceleration in the selling over the last two days. The volume hasn't been extensive, but it's hard for buyers to gain confidence...
The selling is orderly, but it's still selling. I'll keep with the Russell 2000 (IWM) as this is the guiding (and leading) index for others. It didn't pause for long at its 50-day MA.Instead, it only...
Market weakness continued to strike the market, but selling volume remained light. The Nasdaq moved further away from support, all but confirming the channel break. But, it dropped below its 50-day...
Bears were able to fire a shot across the bow of bulls with existing rallies for the likes of the Russell 2000 and Nasdaq slowed by channel breaks. While the breaks might be seen as bearish, more...
The market slip-and-slide continued. Markets that were trading at 20-day MAs now find themselves down at channel support, although in the case of the S&P 500, the support test is breakout support...
Markets finished down on Friday, registering distribution for the Russell 2000 (IWM) and S&P 500, but not for the Nasdaq. From a support perspective, there are undercuts of the 20-day MAs for the...