Technical analysts at Barclays report the Dow Industrials is putting a double top on price charts.
The Chartist believes a significant rebound may be on the cards for the Shanghai stock index, although not tomorrow.
Michael Gable of Novus Capital sees a great buying opportunity in United Group on a technical basis.
The TechWizard reports AUD/USD is sitting above key technical support.
The Chartist suggests the banks may be ready to run higher although caution is required in the near term.
Michael Gable of Novus Capital believes the ASX 200 is likely to see a pullback later in the week.
The Chartist is very bullish gold in the medium term, from a technical perspective.
Market analysts at FXCM suggest gold’s recent consolidation may form a short-term bullish triange, which indicates an upside breakout.
The Chartist reports that while the Dow Jones Industrials appears to have broken up, confirmation (under Dow Theory) requires the Transports index to follow suit.
Market analysts at FXCM note the S&P 500 is trading near a possible reversal point, while the oil price has fallen through a previous support level. Gold and currencies also examined.