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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 5

As the charts show, we have a Nasdaq and S&P 500 that both pushed through their 50-day MAs, even though daily candlesticks look 'toppy'. The Nasdaq closed the day with net bullish technicals and,...
Shorts finally blinked after the narrow trading action of previous weeks when a small hint of buying led to a larger period of short covering for Bitcoin. Technicals are net bullish as Bitcoin vastly...
Yesterday started with some decent bullish momentum, but indices struggled by the close of business. Each of the lead indices finished with a bearish 'black' candlestick, so look for some downside...
Markets are drifting towards a retest of April swing lows, but not all indices did so following tests of March swing lows. These losses feel a little early, and I still would look for a rally to...
Indices are reaching an endpoint in their relief bounces, but the asset that is most likely to break lower is Bitcoin (BTC/USD). It's generating spike highs at channel resistance with a significant...
Things should stabilize as markets make a run to test the March swing low. I would expect to see a retest of last week's lows at some point over the coming couple of months, but for now, bulls can...
After Wednesday's big recovery, it was going to be hard for markets to follow through Thursday, but I would be looking for a recovery bounce to challenge March swing lows before a retest of the April...
If there is one thing recent volatility is offering people, it is a fantastic opportunity to increase their pension contributions or start a pension if they haven't already. Nobody knows what will...
What were traders thinking? That Trump's tariffs were possibly going to be a good thing for markets? Why did markets close higher over the three days leading into yesterday? Trump is all fault, but...
Nasdaq: Will March Swing Lows Hold?
By Declan Fallon - Apr 02, 2025
I had kind of written them off as support, but March lows are holding up better than I thought they would. I have marked in the updated measured move targets for the various indices derived from the...