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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
29/07/2015
  • WTI Crude
    29/07/15
    WTI Crude is too risky to run shorts any further. Yesterday's positive signal in severely oversold conditions means a short term recovery looks likely. To confirm we need a break above first resistance at 4840/45 to target 4900/05 then resistance at 4945. A good chance of a high for the day here but selling in to shorts is risky & would need stops at 4975. If we continue higher this week look for 5030/35 then a selling opportunity at 5085/90. First support at 4730/20 could hold the downside & it is worth buying in to longs on weakness. However further losses risks a retest of 4668. Longs need stops below 4650 as this would kill the positive signal & keep bears in control to target 4595/90 & perhaps as far as 4540/35.
Reports for
27/07/2015
  • S&P
    27/07/15
    Emini S&P oversold short term now & has staged a recovery to minor resistance at 2077/78. A dip from here back to strong support at 2073/71 for another buying opportunity is possible this morning. However further gains meet stronger resistance at 2082/83. If we manage to beat this level look for a selling opportunity at 2090/91, stop 2096. Target1 @2084, T2 @2078. Strong support at 2072/71 but longs need stops at 2067. Be ready to sell a break below here, with 2071/72 then acting as resistance to target 2061/60. If we continue lower look for 2054/53.
Reports for
24/07/2015
  • Dax
    24/07/15
    Dax broke support at 11,500 to target 11,440/435 & we bottomed exactly here. Outlook remains negative so be ready to sell a break below here today to target strong support at 11,370/365, with a good chance of a low for the day. Buy here, stop 11,320. Target1 @11,430 (trail stop to entry), T2 @11,470 then 11,520. However a break below 11,320 is quite a strong sell signal to target 11,295/290 then 11,230. First resistance at 11,535/530 is a selling opportunity with stops at 11,565. If we continue higher look for a selling opportunity at look for a recovery to 11,620/630, but shorts need stops at 11,660.
  • S&P
    24/07/15
    Emini S&P first resistance at 2106/05 is a selling opportunity, stop 2111. Target1 @2100, T2 @2095. An unexpected break higher targets resistance at 2118/19. A good chance we will fail to beat 2099/2100 today for a retest of 2093/91. This is still good support but not as strong as yesterday so be cautious. Longs need stops at 2087. Target1 @2099 (trail stop to entry), T2 @2106. However be ready to sell a break below 2089 to target the next support is at 2083/82. A bounce from here possible on the first test at least, but we could eventually continue lower to strong support at 2073/71 in to next week for a buying opportunity.
  • E Mini Nasdaq
    24/07/15
    Emini Nasdaq outlook is less positive in overbought conditions. First support at 4600/4590 but sustained break below here targets strong support at 4555/50 & a good chance of a low for the day. Buy here, stop 4535. Target1 @4575 (trail stop to entry), T2 @4600. Holding support at 4600/90 triggers a recovery to 4625/30, perhaps as far as 4655/60 with a good chance of a high for the day here. If however we unexpectedly continue higher, look for a retest of this week's high at 4683/86 for a selling opportunity.
  • Emini Dow Jones
    24/07/15
    Emini Dow Jones first support at 17,635/625 is key to direction. Outlook is negative so be ready to sell a break below 17,610 to target 17,580 then 17,540/530. If we continue lower look for support at 17,490/480. Holding first support at 17,635/625 allows a short term recovery to 17,715. Sell here, stop 17,750. However on a break higher look for the next selling opportunity at 17,800/810.
Reports for
23/07/2015
  • Dax
    23/07/15
    Dax overbought & held below the 100 day moving average yesterday which could add pressure today. Be ready to sell a break below support at 11,500 to target 11,440/435 then strong support at 11,370/365. Buy here, stop 11,320. Target1 @11,430 (trail stop to entry), T2 @11,470 then 11,520. If we do manage to hold support at 11,535/530 look for a recovery to 11,590/600. Watch for a high for the day but shorts need stops at 11,650. An unexpected break higher targets 11,700/710, perhaps as far as strong resistance at 11,750. Further gains this week target resistance from 2 week highs at 17,791/11,807.
Reports for
22/07/2015
  • E Mini Nasdaq
    22/07/15
    Emini Nasdaq collapsed towards an excellent buying opportunity at 4605/00. Buy here today, stop 4685. Target1 @4625 (trail stop to entry), T2 @4650. However be ready to sell a break below 4690 to target 4555/50 & a good chance of a low for the correction here. Buy here, stop 4535. Target1 @4575 (trail stop to entry), T2 @4600. Holding support at 4605/00 triggers a recovery to 4625/30, perhaps as far as 4555/60 with a good chance of a high for the day here. If however we unexpectedly continue higher, look for a retest of this week's high at 4683/86 for a selling opportunity.