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

Taiwan Semiconductor Manufacturing Co Ltd (TSM US): TSS Target Achieved in 3 Days (+13.4%)

Oracle Corporation (ORCL US): TSS < 10 - Target Tactical 4.0% to 5.5% Decline

Oracle Corporation (ORCL US): TSS Recommendation Closed After One Week (-4.5%)

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

CME Group Inc (CME US): TSS < 10 - Next Low Likely to Fail and Reverse 3-5%.

CME Group Inc (CME US): TSS Target Achieved in 3 Days (+5.8%)

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

Taiwan Semiconductor (TSMC) - ADR / Technical Analysis

Taiwan Semiconductor (TSMC) - ADR (TSM US)

<ul>
<li>TSM US has declined 35% since mid-August 2022 and 59% from its January 2022 peak. </li>
<li>A new 2022 low of 59.43 was produced on Thursday 3 November amid extreme bullish ST momentum failure.</li>
<li>Our TSS methodology triggered a TSS &lt; 10 at the low and justifies a further 6-8% upside in the coming 1-2 weeks.</li>
</ul>


TSM US has declined 35% since mid-August 2022 and 59% from its January 2022 peak. 
A new 2022 low of 59.43 was produced on Thursday 3 November amid extreme bullish ST momentum failure.
Our TSS methodology triggered a TSS &lt; 10 at the low and justifies a further 6-8% upside in the coming 1-2 weeks.


Taiwan Semiconductor Manufacturing Co Ltd (TSM US): TSS < 10 - Target Tactical 6-8% Upswing