CMT

Peter is an independent trader and author of the Talking Technicals blog that focuses on technical analysis of the global financial markets.

Prior to becoming a full-time trader and founding Contrarian ... more

ALL CONTRIBUTIONS

Yen Sentiment Takes A Nose-Dive
According to the most recent Commitment of Traders (COT) report, as of last Tuesday's trade (April 9th) large speculators continued to reduce exposure in US treasuries and the Japanese yen.
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Indices Outpace Large Cap Stocks
The major US equity indices continue to technically outpace some the larger cap names like Apple, Amazon and Alphabet with the one exception being Microsoft, which like the Dow, seems poised to retest last years highs.
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Equity Indices: Key Levels To Watch
The DJIA has retraced more than 38.2% of the latest decline in two strong thrusts and is consolidating the second 4-day wave up.
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VIX: Watch The 200-Day Moving Average
Volatility has settled substantially since Christmas and has just dipped below its 50-day MA to probe the 20 threshold.
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Getting Closer!
Stocks are quickly getting close to that area (-3 standard deviations or 20% above their 200-day) which helped the bottoming process back in 2016.
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Oil Speculators Reduce Net Long Exposure For 10th Straight Week
According to the latest Commitment of Traders (COT) report, large speculators continue to expect weaker oil prices, reducing net long positions for the 10th straight week.
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Comments

Latest Comments
Watch These Key Fibonacci Retracement Levels
5 months ago

S&P 500 closed right at 2812 and left behind a possible short-term exhaustion candle...Now stocks are likely to consolidate here, but watching closely for confirmation of momentum shift...

In this article: QQQ, SPY
Watch These Key Fibonacci Retracement Levels
5 months ago

The Nasdaq Composite level to watch is 7669/70 and the 50-day MA @ 7723

In this article: QQQ, SPY
1 to 2 of 2 comments

STOCKS I FOLLOW

SPY SPDR S&P 500
UDN PowerShares DB US Dollar Index Bearish Fund
USDU WisdomTree Bloomberg USD Bullish ETF Fund
UUP PowerShares DB US Dollar Index Bullish Fund

TWEETS

PERSONAL BLOG

Latest Posts
Euro Ends 2-Month Short-Covering Trend As Gross Shorts Increase By Nearly 50% ; Aussie Specs Add Very Bullish Position
Latest positioning data from CFTC reveals significant moves in euro, aussie and oil.

Work Experience

Technical Analyst
Contrarian Analytics LLC
April 2016 - Present (3 years 1 month)
Technical Analyst
IGM
June 2006 - April 2016 (10 years)

Education

University of Connecticut
Bachelor's of Science
1995 / 1999
Finance

Publications