Dr. Duru | TalkMarkets | Page 52
Sole Proprietor, Ahan Analytics, LLC
Dr. Duru Ahanotu is a graduate of Stanford University with over twenty-five years of experience doing analytic modeling, executing pricing strategies through price optimization, and implementing, developing, and selling enterprise software. He adds to this industry experience another five ...more

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The U.S. Dollar And The British Pound Fail At Important 2015 Milestones
The U.S. dollar index has danced around the downtrend line in what looks like a growing failure at resistance. The main driver of this failure is a sharp relief rally in the euro. The pound has finally cracked the 0.70 support level against the euro.
The U.S. Dollar Regains Momentum Against The Turkish Lira As Regional Tensions Escalate
The U.S. dollar index failed this week (so far) to break out of its short-term downtrend. However, it is picking up momentum against select currencies. One case in point is the Turkish lira (USD/TRY).
T2108 Update - Follow-Through On Bearish Divergence
During the thick of earnings season, I prefer to avoid reading deeply into the technical signals. One day’s celebration can quickly turn into the next day’s lamentations. However, the first two days of this week have delivered signals strong enough..
Constraints Still Weigh Heavily On The Housing Industry
In several posts over the past few years, I have written about the many constraints binding the housing market.
Memorial Production Partners: If You Liked It At $15, It Is A Steal Now
Starting July 13th, MEMP has sold off hard and fast along with the renewed decline in oil prices. A break of all-time lows will not push me out the stock; instead, I will be looking to make my second purchase at that point.
T2108 Update – Another Completed Cycle Of Fear
Yet another cycle of fear has come to an end. Yesterday,the volatility index, the VIX, cratered for the fourth day of the last five. At 12.1, the VIX is back to levels last seen in December, 2014.
Breakout Charts With Caveats: Google And Amazon.com
Google has alternated between vindication and disappointment as a big breakout in March eventually gave way to a choppy slide below a declining 50-day moving average. Amazon has slowly boiled since last earnings in a well-defined trading range.
T2108 Update – A Market Springboard Or Bookends?
T2108 has now almost reversed all its losses from the start of the latest Greek drama, and the S&P 500 (SPY​) has completely reversed those same losses.
T2108 Update – A Light Appears Behind The Pressure Cooker
T2108 ended the week with a tremendous and encouraging surge. This is the kind of move that typically signals the end of an oversold period or, in this case, the test of oversold conditions.
Apple Finally Flips To Oversold
Apple (AAPL) was stuck in a trading range for the past five months. For much of that trading range, AAPL neatly pivoted around its 50-day moving average (DMA).
T2108 Update – Dancing Around Oversold As China Flirts With Dysfunction
T2108 has matched the sharp churn in the market and creeps ever closer to oversold levels. Volatility is on the edge of making a fresh run-up and threatens to kill off my fade on volatility.
The British Pound Suddenly Reverses Course
Perhaps as a great irony, the British pound (FXB) is suddenly losing favor even as the euro appears to stabilize in the wake of the latest drama in Greece.
T2108 Update – A Rattling Lid Remains On The Pressure Cooker
While Greece held support, China could not as announced government interventions failed to stem the selling. Traders are clearly quite happy to sell to the government.
T2108 Update – A Persistent Unease
Chine and Greece are making for an uneasy market are shown by the moving day averages.
The United States Oil Fund Flirts With A Breakdown
OVX is now on the edge of breaking out above its 50-day moving average. The move was led by a huge surge on Monday.
T2108 Update – A Greased Market Skids Toward Oversold Conditions
T2108 closed at 26.2%, its lowest close since the rebound from last October’s big oversold swoon. It is very tempting to declare the market “close enough” to the oversold threshold of 20%.
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