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  • G4 Weekly Market Wrap – Bumper Easter Edition!
    By on April 24, 2011 | No Comments  Comments
    Long term readers of my Market Wrap would be aware that I occasionally bring out my 3 favourite Bear Market charts in order to remind readers that they need to look at the larger cycle patterns in play in order to keep individual long term trends in some sort of perspective. I usually do this when ...
  • G4 Weekly Market Wrap, 18th March 2011
    By on March 19, 2011 | 292 Comments292 Comments  Comments
    I found this week’s Chart of the Day article of interest so have added it to the market wrap. “Today’s chart illustrates how the stock market has performed during the average pre-election year. Since 1900, the stock market has tended to perform well during the first seven to eight months ...
  • G4 Weekly Market Wrap, 11th March 2011
    By on March 13, 2011 | No Comments  Comments
    What does it mean when Conti turn cycles and Fibonacci levels of support and resistance at one level are sliced through like a hot knife through butter?  Does that mean that they are no longer useful and are to be thrown on the trash heap?  I answer that with a resounding no.  What it means is th...
  • G4 Weekly Market Wrap, 18th February 2011.
    By on February 19, 2011 | 318 Comments318 Comments  Comments
    Well, just goes to show that you have to follow the price action and not get any preconceived ideas. Wave “c” of the corrective move in the USD completed and then commenced another leg downward.  We have reached a price level that has provided strong support on previous occasions so it wil...
  • G4 Weekly Market Wrap, 11th February 2011.
    By on February 12, 2011 | 3 Comments3 Comments  Comments
    Last week I had labeled the move from the bottom of the USD as a 12345 impulse wave. What transpired since then was an additional wave which made it a 7 wave move necessitating me to re-label the move as a corrective wxy(xx)z pattern instead. For the time being I have labeled that pattern as corre...
  • G4 Weekly Market Wrap, 4th February 2011
    By on February 5, 2011 | 307 Comments307 Comments  Comments
    The US dollar last week gave us a breakout that looked promising for the equity bears but it was short lived. We can see from the chart below how it initially broke out and then capitulated. This led to the continued rallying of the US equity markets. We can see that we have had a more convincing ...
  • G4 Weekly Market Wrap, January 14th 2011
    By on January 15, 2011 | 65 Comments65 Comments  Comments
    The USD index in my view is the key to the future direction of the market at this stage of the cycle. Last week I provided a chart of the USD index that appeared to be making a simple abc corrective wave before resuming its upward trend. The price action in the past week has proven that the correc...
  • G4 Weekly Market Wrap, 7th January 2011
    By on January 7, 2011 | 40 Comments40 Comments  Comments
    The USD index has broken through a blue descending trend line and has the appearance of a WXY corrective pattern forming. If true this would indicate that the USD could rise further which could give downward pressure on commodities and US equities. Wave W took 18 trading days to form and wave Y has ...
  • End Of Year G4 Weekly Market Wrap, 31st December 2010
    By on December 31, 2010 | 41 Comments41 Comments  Comments
    UPDATE: January 1st 2010. I would like to thank those readers who alerted me to the fact that the 66 point drop in the ASX200 futures contract shown on the Bloomberg site is not a true reflection of the likely market action for the XJO scheduled for the market open on Tuesday. Apparently the fut...
  • G4 Weekly Market Wrap, The Early Christmas Edition
    By on December 23, 2010 | 39 Comments39 Comments  Comments
    In spite of discussions about potential inversions taking place in the XJO in my previous Market Wrap it would appear that my original call of a top for the XJO in late December /early January remains the valid call. It is always difficult to time a top exactly especially when you have a ‘creepin...
  • G4 Weekly Market Wrap, 17th December 2010
    By on December 18, 2010 | No Comments  Comments
    Hhmmmm.  The role of a technical analyst is similar to that of a forensic investigator.  You have to gather all the known facts and make an attempt to decipher what the clues are telling you. One of the difficulties that we face is that the market is not a static entity but rather continually cha...
  • G4 Weekly Market Wrap, 11th December 2010
    By on December 10, 2010 | 317 Comments317 Comments  Comments
    I have been publishing this free market wrap for many years now and one of the discoveries that I have made is that in spite of every care taken to specify things as accurately as possible, human nature kicks in and people will read words through the ‘filters’ of their personal experiences and p...

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