Today, let's look at what is called "time frame continuity". It basically means that we want to see the price moving in the same direction across various time frames. The most common times frames are monthly, weekly and daily. Let's start with the longer term and then move towards the shorter ones. Here's the monthly chart of International Game Technology ($IGT). The old resistance (red arrow) has now become support (blue arrows) on multiple occasion. Right now, being one of

As mentioned yesterday on Twitter (here), the U.S. listed ETF tracking the Singapore market has been on an uptrend since early 2017 and on a relative basis, has recently started to outperform the general market, tracked via the ACWI ETF. While going through all the components of the Singapore Straits Times index, I found the long-term (monthly) chart of Confort Delgro rather interesting: The price is turning around (from a downtrend to an uptrend) at the 61.8 Fibonacci retrac