Technical Analysis / Chartered Market Technician, The Markets Academy

David Coloretti, CMT

David Coloretti is a Chartered Market Technician (CMT) and a full member of the Market Technicians Association of New York. David is the Managing Director of The Markets Academy Pty Ltd (TMA), an independent research firm based in Australia.

TMA delivers a technical analysis / strategy subscription service in G10 and Asian financial markets, primarily to Asia's leading hedge funds and banks. Technical analysis of individual stocks and Cryptocurrency markets is delivered exclusively via SmartKarma. 

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

David's career spans 30+ years as a technical analyst across senior trading, sales and strategy roles. Prior to establishing TMA in 2013, David worked for BP, Credit Suisse, Citi, Barcap and RBS in Australia and Singapore.

The Markets Academy Pty Ltd is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services License (AFSL 431904).

Technical Analysis / Chartered Market Technician

The Markets Academy

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

Technical Analysis

<p>Technical Analysis View: Weekly close at new 2015/2016 low confirms that the interim downtrend is accelerating, targeting a further multi-week decline . Minimum target at 85.40, below which we must consider a more sustainable downtrend.</p><ul><li> Price Action: Series of lower highs / lower lows since mid-2015 confirms the interim downtrend. </li><li>Momentum: Comprehensive negative ST to LT momentum bias. Notable new negative MT trend trigger.</li><li>Key Levels: 61.8% Fibonacci retracement of the 2013 to 2015 uptrend at 85.40. </li></ul>

Technical Analysis View: Weekly close at new 2015/2016 low confirms that the interim downtrend is accelerating, targeting a further multi-week decline . Minimum target at 85.40, below which we must consider a more sustainable downtrend. Price Action: Series of lower highs / lower lows since mid-2015 confirms the interim downtrend. Momentum: Comprehensive negative ST to LT momentum bias. Notable new negative MT trend trigger.Key Levels: 61.8% Fibonacci retracement of the 2013 to 2015 uptrend at 85.40. 

Apple Inc. (AAPL US) - Weekly Close / Momentum Indicators Imply Further Decline