David Petch
David Petch is a cofounder of www.treasurechests.info which has been in existence since 2003. His technical analysis focuses on Bollinger bands, stochastics (using daily, weekly and monthly charts), as well as extensive Elliott Wave analysis. His recent discovery of the Contracting Fiboancci Spiral the broad stock market indices are trapped in has indicated every major top since its inception in 1932. The CFS cycle also identifies expected major tops between now and 2020. David holds a BScH and MSc in Microbiology.
David Petch Articles
When volatility spikes the economy in certain ways, it can cause some leveraged positions to implode which can, through paper markets collapse the price of a given commodity etc. Some event is looming that will serve as a trigger for the...
It is nearing two years since I first published an article describing a theory titled “Contracting Fibonacci Spiral”. For further information, simply Google “Contracting Fibonacci Spiral” and a plethora of articles should be listed to...
This article was published for the benefit of subscribers on January 7th, 2013. The purpose of this article is to discuss what lies ahead in 2013. Areas not discussed are prior articles relating to 9 healthcare stocks in uptrends or the...
Sometimes a very simple picture can replace 1000 words, so as such, this brief update will illustrate what is driving the market. There was a minor shooting star doji put in place yesterday, which suggests weakness into the start of next...
The daily chart of the Gold miners bullish percentage index (BPGDM) is shown below, with the HUI shown in green. In the past whenever the BPGDM reached 85 or higher, it was often associated with a top. At present the BPGDM has declined...
This article was originally posted on Sunday September 30th for the benefit of subscribers.
