Austin Galt
Austin Galt is The Voodoo Analyst. I have studied charts for over 20 years and am currently a private trader. Several years ago I worked as a licensed advisor with a well known Australian stock broker. While there was an abundance of fundamental analysts, there seemed to be a dearth of technical analysts. My aim here is to provide my view of technical analysis that is both intriguing and misunderstood by many. I like to refer to it as the black magic of stock market analysis.
My website is www.thevoodooanalyst.com
Austin Galt Articles
I am very bullish on the gold price in 2017. Since the year has got off to a cracking start, I believe we need to see a test of the recent low to lay a stronger foundation from which to launch even higher.
We are looking for a final top to the massive bond bull market that began in 1981. While it is possible the final top is in place, I am leaning to one final marginal high before everything goes belly-up. Let’s review the quarterly and...
The Euro remains locked in a big consolidation phase and with the Brexit vote coming up I thought I’d take another look. Let’s look at one scenario on the daily chart that I think has some good potential going forward.
The gold price saw some volatile price action today after hitting upside resistance and reversing back down impulsively. Let’s check out the daily and monthly charts and see the bearish pattern that has formed.
The Dow Index just keeps plugging higher…but all good things must eventually end. So let’s review the daily chart to see where the good times are likely to end.
Ahhhh, the Ides of March. This is a time when stock market participants get the heebie-jeebies and it is my expectation that the first part of the month will play into this superstitious claptrap. However, once an expected higher low is in...
The Chinese stock market (the SSEC Index) has tanked out of the block in 2016 -- and has investment professionals across the globe running around like headless chickens. So, let's take a deep breath and check out the charts. We'll take it...
Price recently traded down to support outlined in previous analysis before reversing and trading higher in impulsive style. While a turn back up was expected in order for the bear rally to embark on the final leg higher, this move was on...
The US Dollar index has made marginal new highs which I believe will turn out to be a false break top. Let's take a top down approach beginning with the monthly chart.
The UK stock index (commonly known as the FTSE) has been trending down textbook style ever since the all-time high set at 7122 in April 2015. This current rally has all the hallmarks of yet another bear market rally with many starting to...
