Mario Valentino Guffanti, (Vice President – SAMT), CFTe (Certified Financial Technician) is a financial advisor and researcher. Vice-president for the Swiss Italian Chapter of SAMT, Swiss Association of Market Technicians, supervising editor of the technical journal. Among his interests, financial coaching through NLP techniques (Neuro-linguistic programming). Teacher in technical analysis, of which he is author of several articles and conference speaker.
E-mail: mario.guffanti@samt-org.ch
While Yields and Commodities are accelerating up, Equities are struggling. Such cross asset developments, especially following the recent surges in risk assets (since early 2016, and then more generally since […]
At the beginning of April, I wrote about short term patterns on the S&P 500 Index and the Stoxx 600 Index. With regard to the stoxx 600 index, I had […]
Triangles are one of the most commons price patterns in Technical Analysis. A symmetrical triangle is formed by a series of price fluctuations, each of which is smaller than its […]
In an almost unnatural situation, with the S&P 500 Index going up whatever happened, at the end of January the correction arrived and the excesses were finally eradicated. But while professional traders had some relief with the arrival of this event, they were also concerned about the way the fall occurred: unexpectedly too fast and deep, almost -12% in a couple of weeks, and with an unthinkable increase in volatility.
The term "Black Monday" is used in finance to indicate Monday October 19, 1987, a day when all the world’s stock markets fell sharply.
At the end of September (1), I wrote an article about the Stoxx 600 Index, indicating several factors of a potential bullish construction, although the relative strength signals versus the MSCI World Index and a weakness of the dollar did not favour the strength of the short-term trend.
After concluding an excellent 2017 and starting the new year on a positive note, Wall Street confirms its strong momentum and the bulls are still controlling the market. Prices move into unexplored territory, there is a plenty of bulls around, the chart pattern of the major indexes reflects a typical sustained trend. As always happens in similar cases, concerns are mounting about the risk of an exhaustion driven market meltdown.
Looking to the financial markets it is always a human game. Fear and greed are always present. In these last periods we can note two human sentiments facing each other: on the one hand, increasing optimism, which is an anticipation of future greed: stock markets continue to rise steadily with such low volatility that the market’s fractality has been temporarily replaced by an incredible linearity.
