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Declan Fallon

Joined: Mar 19, 2010
  • Analysis & Opinion

Declan Fallon's Opinion & Analysis
A complete archive of Declan Fallon's articles, including current analysis & opinion.

The developing (major) swing low got a big boost with another sizable wide range, bullish piercing pattern - similar to the bullish reversal candlestick from October 31st. Again, cautious investors...
The initial bounces off spike lows yesterday encountered their first major test of supply with pushes into newly drawn channel resistance. All indices are mapping this price action. First up is the...
Intraday ranges were wide yesterday, as indices struggled between building swing lows or selling off even more. By the close of business yesterday, indices were indicating lows were not in place and...
Friday was ugly but could have been a whole lot worse. What was particularly worrying was that certain indices were unable to defend either Thursday's close or open and were left set up for another...
Yesterday it was 2001 all over again, as lead indices registered 3% losses on a day of solid selling and registered distribution. The 'bear flags' are history but their effects are still very much in...
There was no acceleration in losses for the Russell 2000 and Semiconductor Index yesterday, instead it was the S&P 500's turn to break from its 'bear flag'. It was more of a technical break than...
There was no reversal on the 'bear flags' on Friday, but in the case of the Semiconductor Index and Russell 2000 there were breakdowns from those same 'bear flags'. The Russell 2000 broke the 'bear...
Since the last update, indices got their bounce but the last couple of days have seen these gains gradually erased. Over the course of the week, the entire bounce has the look of 'bear flags' as part...
No real surprise yesterday to see the gains from Friday come back a little as Thursday's lows play a siren song. The most likely outcome is a consolidation pennant as prices focus off last week's...
Last week's selling put pressure on markets not seen since 2016, but the run of good form has meant Tech and Large Cap Indices are only now testing 200-day MAs. There was a brief overshoot on Thursday...