Technical Analysis / Chartered Market Technician, The Markets Academy

David Coloretti, CMT

David Coloretti is a Chartered Market Technician (CMT) and a full member of the Market Technicians Association of New York. David is the Managing Director of The Markets Academy Pty Ltd (TMA), an independent research firm based in Australia.

TMA delivers a technical analysis / strategy subscription service in G10 and Asian financial markets, primarily to Asia's leading hedge funds and banks. Technical analysis of individual stocks and Cryptocurrency markets is delivered exclusively via SmartKarma. 

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

David's career spans 30+ years as a technical analyst across senior trading, sales and strategy roles. Prior to establishing TMA in 2013, David worked for BP, Credit Suisse, Citi, Barcap and RBS in Australia and Singapore.

The Markets Academy Pty Ltd is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services License (AFSL 431904).

Technical Analysis / Chartered Market Technician

Silvergate Capital Corp (SI US): TSS Target Achieved in 3 Days (+10.69%)

PayPal Holdings Inc (PYPL US): TSS < 10 - New Multi-Month Low Risks Imminent Failure and Reversal

PayPal Holdings Inc (PYPL US): TSS Target Achieved in 12 Days (+12.5%)

Taiwan Semiconductor Manufacturing Co Ltd (TSM US): TSS Target Achieved in 3 Days (+13.4%)

Introducing Our Tactical Trend Reversal Methodology: TSS (Trend Sustainability Score)

Taiwan Semiconductor Manufacturing Co Ltd (TSM US): TSS < 10 - Target Tactical 6-8% Upswing

CME Group Inc (CME US): TSS Target Achieved in 3 Days (+5.8%)

The Markets Academy

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

Technical Analysis

<ul>
<li>SI US declined 78.5% from its August 2022 high of 108.11 to its November 2022 low of 23.20. </li>
<li>Our Trend Sustainability Score (TSS) methodology has triggered a TSS &lt; 10, highlighting extreme short-term momentum failure.</li>
<li>A new downtrend low, below 23.20, in the coming 1-2 days will likely fail quickly and deliver a 10% to 20% reversal in the coming 1-2 weeks.</li>
</ul>


SI US declined 78.5% from its August 2022 high of 108.11 to its November 2022 low of 23.20. 
Our Trend Sustainability Score (TSS) methodology has triggered a TSS &lt; 10, highlighting extreme short-term momentum failure.
A new downtrend low, below 23.20, in the coming 1-2 days will likely fail quickly and deliver a 10% to 20% reversal in the coming 1-2 weeks.
