How would you describe your job?

My job is to provide technical research to institutional clients, including mutual funds and hedge funds. My focus is primarily on U.S. equities, although inter-market analysis is a big part of my discipline. I always have a stance on crude oil, gold, the U.S. dollar and the 10-year Treasury yield, among other things. Indicators are essential to my work because they allow me to take an objective approach to the market, which helps our clients manage risk and generate alpha. My typical day starts early with our morning firmwide call, followed by the creation of a pre-market report called Morning Technicals. The balance of my day is dedicated to client projects, preparing the next day’s research and keeping our trading desk abreast of important technical developments in a large universe of stocks, indices and ETFs. Of course, I am on the road from time to

Editor’s note: The blogs on the members’ section of the MTA web site are a valuable source of short-term trading ideas as the first reprint below demonstrates. They are also a resource for those managing portfolios with examples of how to apply technical analysis beyond price charts as the second example reprinted below highlights.

Spot Gold: Looking for $1768 on a Pattern Breakout by Bhaskar Radadiya

The price of spot gold has been trading based on the effects of an inverse Head & Shoulders (H&S) formation since reaching the last pullback level of $1735, a price that was also equal to 78.6% of the previous wave. A clear picture of the pattern can be seen on the 1-hour chart which highlights the $1768 target and expected resistance.

Chart of 1-hour price data

We can see