Breaking News
0

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 past few days have seen markets shape narrow mini-trading ranges, each following breakouts from larger consolidations. Large Caps show this best The S&P cleared a dual 4-month and 6-week...
Monday offered the bearish doji / swing high set-up which had looked like it was going to create a 3-day bearish evening star set-up across markets. This pattern did present itself Tuesday with the...
Friday's action was a case of status quo, but Monday pushed things more toward the bear's favor; the series of doji and one gravestone doji are more in line with a swing highs. It does give the bulls...
Not every day can be a headline day and Friday was one of those days. The only action of note was the breakout in the NASDAQ Summation Index. Technicals aren't fully bullish but the consolidation...
The S&P, Dow Jones Index and Russell 2000 all delivered clean breakouts on bullish technicals yesterday. Best of the breakouts was probably the Russell 2000. The only disappointment was the...
Despite the exit of U.S. from the Iran deal yesterday there was no real damage done to the market. In fact, some indices are well positioned to benefit. Best of these looks to be the Russell 2000....
A solid close to the week helped advance Thursday's recovery. Tech Averages had the best of the action. Any short trades should be covered as the nature of the price action has shifted more...
Tuesday's round of buying didn't last long as sellers took another swing at pushing prices lower on Wednesday. However, Thursday's buying was a little more appetizing for bulls. The S&P generated...
Since the breakdown in wedge support it had looked easier for bears to push indices down to 200-day MAs or lower channel support, but action over the last week with two bullish hammers suggests longs...
Markets started Friday strong - challenging resistance - but were unable to press this advantage. Many indices closed lower, leaving 'black candlesticks' which are typically bearish when formed at...