Interesting charts April 27th 2015
Comment of the Day

April 27 2015

Commentary by Eoin Treacy

Interesting charts April 27th 2015

Eoin Treacy's view

Platinum – posts an upside key day reversal from above the psychological $1100 area. A clear downward dynamic would now be required to question potential for additional rebound. 

India Nifty – posts another lower low in what remains a medium-term corrective phase. It will need to find support in the current area and sustain a move above 8800 to confirm a return to demand dominance.

Netherlands – continues to hold a progression of higher reaction lows as it rallies to post a new high. A sustained move below 490 would now be required to signal mean reversion. 

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