Declan Fallon's Opinion & Analysis
A complete archive of Declan Fallon's articles, including current analysis & opinion.
It's still a little too early to say, but the bounce is in play and "long" is the place to be. There is a huge amount of overhead resistance and the risk:reward remains tight with moves back to...
Sellers have to tire at some point and yesterday could have been that day. I'm not a huge fan of 'black' candlesticks (higher open, lower close - but a close above the prior day's close), but they...
Looking for the positives when there aren't many. The Russell 2000 (IWM) was able to recover some of its intraday losses, finishing on the measured move target derived from the December-January...
I know there is the smell of fear in the air when I see my readership double as we reach a point where weekly chart factors come into play. Up until last week, markets have enjoyed steady advances...
There was some modest buying today from the open, but volume was light and markets are below trading range support established during the latter part of 2024. It's hard to see where the buyers are...
Sellers whipped bulls with an undercut of Friday's lows on higher volume distribution. There was no denying which side of the market traders were sitting at.
The Russell 2000 (IWM) moved away from...
Friday's Oval Office meltdown points to a future of nuclear proliferation. How markets react to this and the long-term prospects for the U.S. remain to be seen, but it's not good for either nation if...
There was not much positivity to yesterday, even though the supports for key indexes managed to hold.
The Russell 2000 (IWM) showed this best with the undercut of the 200-day MA, then a (double)...
The S&P 500 had started to clear resistance, posting new all-time highs before sellers struck with a vengeance.
The selling was bad, similar to that seen in December, which markets had only...
The S&P 500 ticked all the boxes as it closed above the 'bull trap' in a fresh breakout that came with a higher volume accumulation. It was a solid statement of intent for bulls.
The Nasdaq...