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

Oil has hit a slick recently with price sliding over 30% in the last five months. There are now calls for price to potentially test the 2009 lows. While I think this is a bit extreme, let’s investigate the charts to see what the...
Silver Wheaton Corp (SLW)

Silver Wheaton Corp (SLW) is the largest precious metals streaming company in the world and is listed on the Canadian Stock Exchange (TSX) with a market capitalisation of over CAD$6.5b. The company generally...
I’ve been calling for one final high in the Dow to put an end to this most awesome bull market. This can be quite the mental challenge in the face of declining prices with many market commentators already calling the top in. But I remain...
The Volatility Index (VIX) seems to be indicating something big is brewing. Let’s investigate taking a bottom up approach beginning with the daily chart.

VIX DAILY CHART



Since the low back in July 2014, price has developed a...
The final move into top on the Dow now looks to be underway. Let’s investigate using the daily, weekly and monthly charts.

DOW DAILY CHART



Many analysts seem to calling the final bull market top to be in but it is my considered...
Silver has just kept tanking and tanking over the last couple of months. And taking my silver longs with it. It’s been painful stuff. That will teach me to trade against the trend. It’s certainly a different picture to all the hooting and...
The Dow hit an all time high today of 17221 which occurred shortly after the Fed meeting. Many readers will know that I have been looking for a pop into top around 17200 which flushes out all the stops that had built up above the 17th July...
The wait for the next leg up in both gold and silver has been excruciating. Many bulls are losing hope and the number of bears appears to be increasing. As for me, I remain rock solid. I hold long silver positions and I must say I am...
In this analysis, we will examine both the small picture and big picture using the daily and monthly charts.

Dow

What a difference a week makes! In my last report I thought that the Dow would correct before embarking on one final...
Price is now at the key resistance area flagged in my last USDJPY report. So is it likely to turn back down or bust higher? Let’s have a look at the charts.

DAILY CHART



We can see price has been trading in a range for most of...

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The melting point for silver is 961.93 °C - 1235.08 °K

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