This week we are looking at two European sectors that seem ready to breakout. The Media as well as the Chemical sector. The Media sector has been in a 4+ years long basing pattern. The right end of a basing pattern is formed by the sellers keeping their supply at the same level, while the buyers, on the other hand, are always coming at an earlier stage, higher level, to buy, showing increasing demand, which in turn, is bullish. Here's the Lyxor Stoxx600 Media sector: The pr

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Conglomerates and Energy are rolling over. ​Financials bounced from a strong support at the 61.8% Fibonacci retracement of the 2016 to 2018 advance.​ Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Conglomerates are showing strong Relative Strength even-though the absolute price shows some weakness. ​ Financials are outperforming on a Relative Strength basis and, on an absolute price basis, could be finding some support at the 61.8% Fibonacci retracement of the 2016 to 2018 advance. ​ Technology and Services are currently the weakest sectors. Interesting week ahead! Jay #HongK

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Utilities have a strong Relative Strength and near its support level from a rising channel. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy, Telecom and Financials have currently the strongest Relative Strength. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy and Telecom, are still the two strongest sectors, while Technology is at a make or break junction, i.e. bouncing off it's long term uptrend line or breaking down. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Energy and Telecom, are currently the two sectors with good momentum, rising absolute price and relative strength. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'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

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The expected bounce in Financials, Consumer & Industrial Goods, Materials and Services sectors happened. Important to see which one(s) will be able to follow through this coming week. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInterpretation

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: Telecom and Energy remain the sectors with the strongest trend in relative terms. ​The past week's price action in Financials, Consumer & Industrial Goods, Materials, and Services sectors have produced a hammer at respective key levels, i.e. a bounce within the ongoing downtrend could be expected. Interesting week ahead! Jay #HongKong #Relative #Sectors #Weekly #ranking #ChartsInter

We'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

We'll start off with the overall weekly ranking: Now let's dive into some sectors of interest: The Telecom sector is an outperformer in relative terms. In absolute price it has broken out of a falling wedge with strong momentum.​ he Technology sector is one to follow closely in the next few days/weeks. Will the price be able to bounce off its uptrend line from the 2011 low or will it break down? In relative terms, it broke down vs. the HSCI about a month ago... or is that j

We'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,