David McBain

David McBain

David is a technical strategist at Absolute Strategy Research, with a focus on sentiment, positioning and momentum analysis across global asset classes. David previously worked for 18 years at NatWest Markets / Deutsche Bank as a market strategist in their top ranked UK Strategy team, followed by a spell working for one of Europe's largest hedge Funds. David was ranked among the Top 10 for Technical Analysis in the 2011 and 2013 Reuters Extel surveys.

Latest from David McBain

Chart of the day: Palm oil gets boost from record El Nino
20 Jul 2018 - 2:54PM
Chart of the day: Pessimism persists for global equities oversold on sentiment
20 Jul 2018 - 2:54PM
Chart of the day: Asian equities remain prey to pessimism
28 Jul 2015 - 9:13AM
Chart of the day: Won-yen on the move
2 Jun 2015 - 9:14AM
Chart Book | Chart of the Day: Kospi to test high

In the wake of its 10 per cent rally over the past two months, the Kospi Sentiment Barometer Indicator has moved into an extended optimism condition. 

In the wake of its 10 per cent rally over the past two months, the Kospi Sentiment Barometer Indicator has moved into an extended optimism condition. 

Chart of the Day: Kospi to test high
29 Apr 2015 - 8:29PM
Chart Book | Chart of the day: Investors keep faith in dollar

Chart of the day: Investors keep faith in dollar

Chart of the day: Investors keep faith in dollar

Chart of the day: Investors keep faith in dollar
31 Mar 2015 - 9:26PM
Chart of the day: Kospi eyes ride towards 12-month high
5 Mar 2015 - 9:45PM
Chart of the day: Gold glistens in commodities gloom
13 Jan 2015 - 12:13PM
Chart Book | Chart of the day: Greenback's challenge

The US dollar is ending the year on a high note. This month's ASR-Extel year-ahead survey reveals that a net 73 per cent of respondents believe the trade-weighted US dollar will end next year at higher levels.

The US dollar is ending the year on a high note. This month's ASR-Extel year-ahead survey reveals that a net 73 per cent of respondents believe the trade-weighted US dollar will end next year at higher levels.

Chart of the day: Greenback's challenge
23 Dec 2014 - 4:09PM
Chart Book | Chart of the day: History key to Shanghai's future

Where next for the Shanghai Composite Index is a question best answered by a look at historical performance.

Where next for the Shanghai Composite Index is a question best answered by a look at historical performance.

Chart of the day: History key to Shanghai's future
16 Dec 2014 - 9:34AM
Chart Book | Chart of the day: H shares eye new highs

The H-share index has been living in the shadow of the Shanghai Composite Index. But H-share momentum may be beginning to improve.

The H-share index has been living in the shadow of the Shanghai Composite Index. But H-share momentum may be beginning to improve.

Chart of the day: H shares eye new highs
9 Dec 2014 - 9:08AM
Chart Book | Chart of the day: Signs of hopes for Japan stocks

While yen weakness may help corporate Japan, it has been bad news for US dollar-based investors in Japanese equities.

While yen weakness may help corporate Japan, it has been bad news for US dollar-based investors in Japanese equities.

Chart of the day: Signs of hopes for Japan stocks
25 Nov 2014 - 9:17AM
Chart Book | Chart of the day: Cyclicals make comeback

Cyclicals have stabilised against defensives in Asia, excluding Japan, since the middle of last month.

Cyclicals have stabilised against defensives in Asia, excluding Japan, since the middle of last month.

Chart of the day: Cyclicals make comeback
18 Nov 2014 - 9:07AM
Chart Book | Chart of the day: On the retreat

The yen's sharp reversal has taken centre stage on the foreign exchange front in recent weeks.

The yen's sharp reversal has taken centre stage on the foreign exchange front in recent weeks.

Chart of the day: On the retreat
11 Nov 2014 - 10:07AM
Chart Book | Chart of the day: Sentiment headwinds in Shanghai

Mainland equities enter November on a rising tide of optimism, but the Shanghai Composite Index faces near-term sentiment headwinds as it tries to sustain a break above its 2013 high point.

Mainland equities enter November on a rising tide of optimism, but the Shanghai Composite Index faces near-term sentiment headwinds as it tries to sustain a break above its 2013 high point.

Chart of the day: Sentiment headwinds in Shanghai
4 Nov 2014 - 9:42AM
Chart of the day: Korean stocks set for rally
28 Oct 2014 - 5:42AM
Chart Book | Chart of the day: It's all relative

A torrid week for global equities did not leave the Asia-Pacific region unscathed, though in relative terms the region was almost tranquil.

A torrid week for global equities did not leave the Asia-Pacific region unscathed, though in relative terms the region was almost tranquil.

Chart of the day: It's all relative
21 Oct 2014 - 8:12PM
Chart Book | Chart of the day: Chemical reaction

China's equity market seems to march to its own beat, unaffected by the global growth concerns that have undermined indices elsewhere across the globe.

China's equity market seems to march to its own beat, unaffected by the global growth concerns that have undermined indices elsewhere across the globe.

Chart of the day: Chemical reaction
14 Oct 2014 - 4:48AM
Chart Book | Chart of the day: Sentiment faces testing moment

Optimism towards Asian equity markets has eased in the past week as a number of indices have retreated, leaving the likes of the Shanghai Composite and the Bangkok SET as sentiment bright spots.

Optimism towards Asian equity markets has eased in the past week as a number of indices have retreated, leaving the likes of the Shanghai Composite and the Bangkok SET as sentiment bright spots.

Chart of the day: Sentiment faces testing moment
6 Oct 2014 - 9:18PM
Chart Book | Chart of the day: Sentiment turns sour for won

Sentiment towards Asian equities has broadly weakened over the past two weeks.

Sentiment towards Asian equities has broadly weakened over the past two weeks.

Chart of the day: Sentiment turns sour for won
23 Sep 2014 - 7:25AM
Chart Book | Chart of the day: Dollar faces headwind

Foreign exchange developments have stepped into the sentiment spotlight.

Foreign exchange developments have stepped into the sentiment spotlight.

Chart of the day: Dollar faces headwind
16 Sep 2014 - 3:23AM
Chart Book | Chart of the day: Shanghai faces headwind?

Mainland equities have moved into the sentiment spotlight in the past week, with both the Shanghai Composite and Hang Seng indicators pushing into extreme optimism territory.

Mainland equities have moved into the sentiment spotlight in the past week, with both the Shanghai Composite and Hang Seng indicators pushing into extreme optimism territory.

Chart of the day: Shanghai faces headwind?
9 Sep 2014 - 4:42AM
Chart of the day: Things can only get better
26 Aug 2014 - 1:03AM
Chart of the day: Prepare for a pullback in mainland metals and mining stocks
19 Aug 2014 - 11:50AM
Chart of the day: Equity sentiment gap narrows
22 Jul 2014 - 4:50AM
Chart of the day: Sentiment shifts on Chinese shares
15 Jul 2014 - 8:00AM
Global equity pull-back risks rise
8 Jul 2014 - 12:13AM
Chart Book | Chart of the day: Sentiment at full stretch

Sentiment indicators are at the high end of their historic ranges, with emerging markets and energy-related plays such as Norway and Canada to the fore as liquidity-driven risk trades and geopolitical developments dominated.

Sentiment indicators are at the high end of their historic ranges, with emerging markets and energy-related plays such as Norway and Canada to the fore as liquidity-driven risk trades and geopolitical developments dominated.

Chart of the day: Sentiment at full stretch
3 Jul 2014 - 6:40PM