Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 3
Yesterday was a handy solid for bulls as buyers kept things on the move after some light downward action. It's summer trading, but as long as the trend is higher, it's all good. Technicals for all...
While I have no direct evidence of this, it always seems holidays deliver junior trader "feel good" gains, and this July 4th feels like no exception. Indices enjoyed gaps higher without making big...
There wasn't a whole lot of action in the markets aside from the Russell 2000 (IWM), which pushed further away from its 200-day MA on higher volume accumulation. It's a solid move from an index that...
Weekly charts are always good at keeping things simple. The S&P 500 pushed itself out of its tight range with higher volume accumulation on a new 'buy' On-Balance-Volume trigger. We saw something...
With some semblance of market normality restored - or at least until the deadline for 50% European tariffs passes - markets are trading back at post-election highs. The early-year dip will have...
Monday offered bullish piercing patterns, and it was Tuesday that delivered with opening gaps and strong closes that moved above June highs. This brings markets closer to breaching all-time highs....
When markets get narrow and tight then the next move will be a big one. Unfortunately, after the weekend action in the Middle East that next move is looking like it will be lower. The problem with...
Markets stepped back once more, but not in any capacity to suggest fear is rising, but more a general complacency as to where the markets will go next. I would view this as bullish in the long...
When fear rises, blog traffic climbs, but when traders get complacent, readership falls. The good news is that markets have lots of workable support.
Starting with the Russell 2000 (IWM), markets...
With the tension of tariffs easing a little, markets now face a new challenge with Israel-Iran hostilities. But even with the retest, we still have key markets participating in bullish advances from...