Technical Analyst and Global Market Strategist
Contributor's Links: Chronos Futures

Bruce Powers, CMT has been involved in the financial markets for over 20 years, as an analyst, trader, educator and writer. He is currently Head of Trading Strategy Development for Relentless 13 Capital, and Corporate Advisor to Chronos Futures, a systematic trading strategy developer. ... more


Saudi Stock Market (Tadawul) At Pivotal Juncture
Saudi Arabia market reaches highest daily close in over 3 year.
Dubai Stock Market Faces Potential Bullish Reversal
Potential inverse head & shoulders bullish reversal setup in daily chart for the Dubai Financial Market General Index (DFMGI). Exposure can also be accessed via iShares MSCI UAE ETF (UAE), traded in the U.S. Although average volume is relatively low.
Further Weakness Will Confirm Bearish Outlook For The Tadawul All Share Index (TASI)
TASI (Saudi Arabia stock market) is poised to breakdown from a large bearish Ascending Wedge pattern. Weakness is apparent over the past couple of months and follows a prior advance. Early bearish signs are already triggered.
Technical Update: Tadawul All Share Index (TASI)
Tadawul All Share Index (TASI) (Saudi Stock Exchange). Larger advance stalls at the 50% retracement zone.Deeper short-term pullback may occur. Followed by advance to new highs.
Following Breakout Of Bull Pennant, Dash Pulls Back To Second Entry Zone
Dash (DASH-X) breaks out of a bullish pennant and subsequently pulls back to test the top trend line of the pattern and the 50-period moving average as support.
Short-Term Trading Outlook For Bitcoin
Potential double bottom trend reversal pattern forms around the 61.8% Fibonacci retracement of the uptrend starting from the September swing low.


Latest Comments
Brent Crude Technical Update: Low Volatility Leads To High Volatility
1 year ago

Oil - Bearish breakdown triggered. Targets lower.

Gold Due For A Bounce, But Remains In Long-Term Bearish Trend
2 years ago

First target hit last week!

In this article: XAU
Uptrend In Silver (XAG/USD) Continues To Strengthen
2 years ago

First target hit last week.(18.34-18.41)

1 to 3 of 3 comments




Bruce Powers CMT
Tom DeMark current market commentary on Bloomberg. Is a top near for US equities? #MarketTiming #MarketTiming #technicalanalysis less
Bruce Powers CMT
RT YahooFinance: LIVE: "The Fed has kind of lost its way in terms of having an articulated direction," DoubleLine CEO YahooFinance: LIVE: "The Fed has kind of lost its way in terms of having an articulated direction," DoubleLine CEO TruthGundlach says,… less
Bruce Powers CMT
RT daChartLife: Much has been made of the S&P and its 200-day MA. But it's worth noting that despite a 20% move off the low the R2000 hasn…
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Work Experience


Eller College of Management
/ 1998