Mark W.

Wednesday Outlook: Commodities, Emerging Markets

You comment about the XLF and the prior retracement higher, compared to the current one, omits one important difference: volume. Volume declined on the prior retracement higher, as would be expected of a bear flag. Volume on the recent move higher, no doubt fueled by government intervention, shows higher volume as price forms a bear flag.

Thursday Market: Commodities, Emerging Markets

David, I enjoy your column, but could you explain what you look at to draw your support and resistance lines? I draw mine using prior swing highs and lows. Yours seem to be based on other criteria. /Thanks

Thursday Market: Commodities, Emerging Markets

David, Can you explain what you're looking at in drawing your support and resistance lines? They don't correlate to how I draw mine, based on previous swing highs and lows.

Thursday Outlook: Commodities, Emerging Markets

I love this column. Great daily review of where things stand technically. Fry makes his point of view clear but mostly lets the charts speak for themselves. Unlike some critics, I'm not looking for him to tell me how to trade. That's my job. But kudos to him for these compilations and I enjoy the pithy comments too.