by SITM | Jul 13, 2022 | General Newsletter, Gus Hingeley
Coffee’s Up! Firstly, a shout out to Josh M from Victoria. After reading last month’s article on the SPI200, Josh recreated all of the charts, worked out what made up the cluster and sent it in. It was a great example of learning something new from the clues...
by SITM | Jun 22, 2022 | Gus Hingeley, Platinum
Simplicity Over Complexity Technical analysis tools remain ‘just a tool’ until you’ve applied thorough testing on a market, by which stage they really start to feel like one of your own tools. Often what once seemed complicated can be added to your trading with...
by SITM | Jun 15, 2022 | General Newsletter, Gus Hingeley
Swings and Roundabouts Inflation and interest rates certainly seem to be the flavour of the month for the SPI200 as traders reacted negatively to the RBA’s decision on 7 June 2022 to raise the cash rate by 0.5%. The market dropped around 1.5% on the day and has gone...
by SITM | May 19, 2022 | Gus Hingeley, Platinum
Tricky Triple Tops? There has certainly been some movement across markets of late, although not at the front and centre of the news as it often is. Other events like the upcoming Australian federal election is getting its fair share of coverage. Chart 1 below...
by SITM | May 11, 2022 | General Newsletter, Gus Hingeley
A Westpac Trade On 23 March 2020, Westpac made big double bottoms 11 years and 2 months apart. Out of a cluster we can expect to see an overbalance in price as an indication the trend has changed. The run up into 17 June 2021 was a near perfect 200% overbalance in...
by SITM | Apr 21, 2022 | Gus Hingeley, Platinum
Power Ranges I’m not referring to the American superhero franchise, although the power of ranges never ceases to amaze me. Ranges, combined with Gann’s Sections of the Market can be a powerful trading combination. Take for example the run up into the 21 September...