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 

 

Articles by Austin Galt

The US Dollar Index price action has played out exactly as forecast in recent subscriber analysis. That analysis reduced the price expectation for the bear rally. To be sure the recent high of 97.62 was a bingo hit.

Let’s review the...
What a day! Some extremely volatile action took place that will live on in the memories of all those who witnessed it.

So, what to make of it all?

This analysis will focus on the Dow Stock Index and the Euro Currency. Quite frankly,...
The 30-Year US Treasury Bond market has been trending up since 1981. This massive bull market is set to reach its conclusion next quarter if my analysis is correct.

Let’s analyse the technicals of both price and yield of the 30-Year US...
The USDCAD looks just about ready to head back up, which will be the next leg of the bear rally that commenced in early May 2016. Let's check out the action using the weekly and daily charts.

USDCAD Weekly Chart



The horizontal...
Is the US Dollar in a new bull market or is it about to crash? Opinions seem divided on this issue and mine is a mixture of both, depending which time frame is used.

Let’s begin the analysis with the short term outlook followed by some...
The Dow Jones Transportation Average (DJT) and Dow Jones Utility Average (DJU) indexes are often seen as leading indicator of the overall stock market. With that in mind, let’s analyse the technicals of each index.

The Dow Jones...
The BSE SENSEX is the Indian stock index, which trades out of Mumbai or Bombay for those with a sense of nostalgia. Price hit a low of 22600 on the 12th February 2016 which was just over 24% down from the 2015 high of 30024.

So, is that...
Many years from now, the people of Japan will tell their children and grandchildren of a time long since past when interest rates were negative and you actually had to pay the bank to give them money. The kids will go "Wow" in amazement...
The Japanese Nikkei Stock Index looks like it may have ended its bear market yesterday at the 16017 quote, which was just over 23% down from the previous high. Let’s take a bottom up approach to the analysis beginning with the daily chart...
The 2015 high at 125.85 played out as expected.  We now have a bear trend playing out. Let’s review the daily and monthly charts.

USDJPY DAILY CHART



The first rally in a new bear trend often makes a deep retracement and once...

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Peru became the world’s largest producer of silver in 2012.