JayJan 27, 2019Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Gold sector needs to surpass its high in the next weeks to avoid making a double top. #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JayNov 3, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Technology regaining some relative strength. Telecommunications Services is losing a bit of its momentum. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JayOct 27, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Health Care and Technology looking rather weak on an absolute as well as relative basis. Gold was upgraded to strong, for its relative strength breakout. Real Estate looking strong on a relative basis. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JayOct 20, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Health Care was downgraded to Average. Gold and Telecom are constructive and looking strong. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JayOct 14, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Financial was downgraded to from Average to Weak. Gold was upgraded to Average while Materials and Metals & Mining are still improving. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JayOct 6, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy is still strong, while Health Care and Industrials are rolling over. Gold, Materials, as well as Metals & Mining are all stabilizing at their current respective levels and could be due for a bounce/upgrade, with Resources taking the lead. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JaySep 30, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Change of leadership underway? Health Care starting to roll-over, with Industrials still showing signs of weakness, while Energy is showing strength in absolute and relative terms. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JaySep 22, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Gold, Materials & Metals and Mining sectors acted well this week. The Consumer Discretionary and Consumer Staples were downgraded to Average. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JaySep 15, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The absolute price in A-REIT finally confirming the uptrend in relative terms. The Real Estate sector still acting well and placed on watch-list for an upgrade. The Consumer Discretionary, Consumer Staples, Financials as well as Utilities were put on watch-list for a downgrade. Interesting week ahead! Jay #Australia #ChartsInterpretation #Weekly #Relative #Sectors

JaySep 8, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The A-REIT sector broke out of its relative range, now needs to break above its current resistance (~1465) in absolute terms, to be upgraded to "Strong". The Gold sector is finding some support at the 38.2% Fibonacci level of the December 2016 - July 2018 advance. The Real Estate sector is acting well (strong) in relative terms. The Energy sector was downgraded to Average,

JaySep 1, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The A-REIT sector needs to break above its current resistance (~1465) in absolute terms, as well as breakout of its relative range, to be upgraded to "Strong". The Energy sector is still stalling at the 50% Fibonacci level of the 2003-2008 advance, with momentum making lower highs, known as a bearish divergence. The Health Care and the Technology, are the two sectors that have t

JayAug 25, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Consumer Discretionary sector continues its uptrend in both absolute & relative terms, with strong momentum. The Energy sector is currently stalling at the 50% Fibonacci level of the 2003-2008 advance, with momentum making lower highs, known as a bearish divergence. The Industrials have been upgraded to "strong" after new highs in absolute and especially a breakout in relativ

JayAug 18, 2018Charts Interpretation - AustraliaWe'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Consumer Staples and Health Care are still the strongest sectors in Australia, on a relative as well as on an absolute price basis. The A-Reit sector has been moved to the watch-list for an upgrade. On an absolute basis, the sector has been very strong and near a new price breakout, with good momentum, while the relative strength is on track to outperform the S&P/ASX200. The Rea

JayDec 5, 2017Macro to MicroHere's another example of the top down approach. Remember, the idea, in equities, is to look at strong (outperforming) sectors, then drill down into their respective strong industries and end up with single stock names that have interesting (bullish) chart patterns. During the last weekend of November, I've updated the following chart on Twitter: ...with the following comment: "The S&P/ASX 200 Telecom Services Index (XTJ) bounced at the 78.6 retracement from its 2011 low to 2