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

Nippon Light Metal (5703 JP) Is On The Verge Of Confirming Bullish MT Trend Change

Nifty Index (NIFTY INDEX) Has Confirmed Multi-Month Downtrend Risk

Hang Seng CEI (HSCEI) - High Probability Target at 9450/70 in 2023 (+20%)

Introducing Our Tactical Trend Reversal Methodology: TSS (Trend Sustainability Score)

Smartkarma Webinar | Is There Still Hope for Crypto in 2023?

Weekly Close Is Likely To Confirm Sustainable Bitcoin and Ethereum Uptrends

PayPal Holdings Inc (PYPL US): TSS Target Achieved in 12 Days (+12.5%)

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

<ul>
<li>On 12 January we published a bullish tactical recommendation in Bitcoin (XBTUSD).</li>
<li>We determined that Bitcoin at 18281 was evolving into a sustainable multi-month uptrend and was likely to initially target a 17.4% upswing to 21469.50.</li>
<li>•Bitcoin achieved our initial target at 21469.50 (+17.4%) on 17 January 2023.</li>
</ul>


On 12 January we published a bullish tactical recommendation in Bitcoin (XBTUSD).
We determined that Bitcoin at 18281 was evolving into a sustainable multi-month uptrend and was likely to initially target a 17.4% upswing to 21469.50.
•Bitcoin achieved our initial target at 21469.50 (+17.4%) on 17 January 2023.


Bitcoin (XBTUSD): Target Achieved in 5 Days (+17.4%)