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.

Articles by David Petch

Back in April 2016, after being a part of TreasureChests for 13 years I decided to hang up my pen and pursue other things. As many know or do not know, TreasureChests is shutting the doors at the end of this month. It was a pleasure...
The US Dollar has gone gang busters after breaking above 81.7 and clearly has broken out. This has implications for everything else. As the US Dollar is a Reserve Currency, everything that has an inverse relationship to it will fall, such...
The S&P 500 Index is most likely to be in a topping pattern with an upside bias that lasts for at least another 18 months. This provocative thought is based upon the collective technical analysis of  the S&P  charts at...
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...
Gold prices fall by Rs 50 on low demand