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

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

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

BOC Hong Kong (BOC HK) / Technical Analysis

<p>Daniel Tabbush (Tabbush Report) published an <a href="https://www.smartkarma.com/insights/quantifying-markdowns-for-china-s-banks" target="_blank">interesting note on the Chinese banking sector</a> on 12 May 2016. I was interested to run my technical analysis process over BOC Hong Kong Holdings Ltd to see how it stacked up on the charts. Results confirm material change in the past month.</p><p>Technical Analysis View: Renewed multi-month downtrend bias implies a minimum 10% decline (20.00) in the next 3 month.</p><ul><li> Price Action: Impulsive bearish MT reversal pattern produced at key Fibonacci resistance level in April 2016. </li><li>Momentum: Comprehensive negative MT/LT momentum bias confirmed with the recent negative shift in MT momentum.</li><li>Key Levels: 38.2% Fibonacci retracement of the May 2015 to February 2016 decline rejected at 24.50 in April 2016.</li></ul>

Daniel Tabbush (Tabbush Report) published an interesting note on the Chinese banking sector on 12 May 2016. I was interested to run my technical analysis process over BOC Hong Kong Holdings Ltd to see how it stacked up on the charts. Results confirm material change in the past month.Technical Analysis View: Renewed multi-month downtrend bias implies a minimum 10% decline (20.00) in the next 3 month. Price Action: Impulsive bearish MT reversal pattern produced at key Fibonacci resistance level in April 2016. Momentum: Comprehensive negative MT/LT momentum bias confirmed with the recent negative shift in MT momentum.Key Levels: 38.2% Fibonacci retracement of the May 2015 to February 2016 decline rejected at 24.50 in April 2016.

Chinese Banks: BOC Has Minimum 10% Downside Potential - 3 Month View