The local market on the weekly chart shows that things have stalled for a while.
This shows that the US SPY ETF daily chart is also in a sideways consolidation pattern. US company earnings season has started and good earnings could influence the way the market moves along with any unexpected announcements President Trump makes.
This is a chart of gold on a monthly time frame showing a consolidation pattern. Which way will it go?
Junior gold stock Saturn Metals has moved above a resistance zone and formed a rounding bottom type pattern.
Neuren Pharmaceuticals looks to be building up for a possible move higher.
Telstra looks to be consolidating the recent move higher.
Whitehaven Coal has made a higher low and is back above a support and resistance zone and broken a down trend line.
GR Engineering is moving higher after a re-test of the break- out zone.
Challenger looks to have finally moved out of the long-winded sideways pattern. An equal range move would give a $9.50 target.
National Australia Bank has made a lower top for now.
Chalice Mining could be forming a bullish flag pattern just below the resistance zone.
Could Bitcoin be in for another big move higher?
Some impressive returns from active equity managers over the past year.
This very long-term chart of silver shows price is getting close to a big resistance zone where price has retreated from in the past. It could also be forming a massive cup and handle type pattern.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column. Cheers Charlie.
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