Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Thursday, December 29, 2011

AAPL and CRM


























AAPL and CRM were "brothers" ....up to certain a point.Will AAPL follow the ''cloud'' or will it stay above it?

EUR-USD Technical Anlalysis 2011.12.29

Just a short update for the EURUSD cross since last Thursday. As expected, the 1,2900 level was too strong for the market. You can check the previous analysis here: 


Analiza Tehnica Erste Group Bank (EBS) 2011.12.29

Pretul Erste Group Bank ramane de urmarit pe termen scurt si mediu, motivele mentinandu-se aceleasi ca si in analiza precedenta (http://markettechnicalview.blogspot.com/2011/12/analiza-tehnica-erste-group-bank-ebs.html).

In cazul bancilor sunt foarte importante deciziile lor privind banii imprumutati de la Banca Centrala Europeana si recapitalizarea lor in anul 2012.

Din punct de vedere tehnic este necesara o strapungere a rezistentei 60.22 RON pentru a semnala o oportunitate de cumparare. ATENTIE: strapunferea este o conditie necesara dar nu si suficienta. Pentru a minimiza riscul semnalul de cumparare va trebui compus din mai multe elemente.  


Analiza Tehnica SIF Oltenia (SIF5) 2011.12.29

Pretul actiunilor SIF Oltenia a atins in sedinta de ieri suportul precizat, de la nivelul 1,0375 RON iar inchiderea s-a produs in aceeasi zona.

Semnalul de cumparare dat in 9 decembrie (http://markettechnicalview.blogspot.com/2011/12/analiza-tehnica-sif-oltenia-sif5_09.html ) se mentine valid atat timp cat pretul va evolua deasupra zonei de suport 0,9680 - 0,9940 RON. 


Gold weekly


























The breakdown of the uptrend on gold seems to play out. Let`s see just how much pain bulls can endure.
With the quarterly option expiration  coming tomorow, we might see some wild moves.This will be a welcomed pause for a few days, since end of year combined with option expiration is not a comfortable trading environment for me.
Happy New Year Everyone....

Friday, December 23, 2011

S&P 500 Technical Analysis 2011.12.23

Last three days gave a nice bullish scenario on S&P 500 Index, targeting the 1,266 resistance area, representing the early December highs.

The chart is very explicit and needs nothing to add up to now. The most important thing to watch now is a possible bullish failure in the resistance zone. The fail to reach it will prove temporary weakness (at least) of the bulls and can set the market for a correction.

A confirmation in this scenario will appear if the price will break below the T2 trend line.  For those who want to get a second signal, the breach of 1,247 - 1,253 area (strong support) will activate it. 

You can find the original posts here:


Analiza tehnica BET-FI 2011.12.23

Zona de suport 18.630 - 19.030 a functionat foarte bine in aceasta saptamana, iar interventia cumparatorilor a dus la o reversie de 2 zile care are sanse de continuare.

Analiza precedenta  (http://markettechnicalview.blogspot.com/2011/12/analiza-tehnica-bet-fi-20111220.html ) a subliniat importanta zonei de suport inainte de a fi testate iar pe termen mediu (cateva luni) scenariul ramane pozitiv, cu tinta in zona 21.450 - 22.820.