Chartology

Global Market Trends: 5 Charts Investors Need To Watch

Today I want to share 5 macro technical charts that bear importance here for the broader markets. In my chart review, I sift through individual commodities, currencies, bonds, and sectors, as well as the rest of the major indexes and benchmarks. This chart review strictly looks at technical price developments.  Even if…

S&P 500 Futures Trading Outlook For December 7

Stock Market Outlook for December 7, 2016 – Though the S&P 500 (INDEXSP:.INX) is creeping higher, it is doing so under lighter volume. As I said yesterday, a lighter news flow may keep the stock market range bound into next week’s FOMC announcement. The line in the sand for buyers today…

3 Stocks That Are Breaking Out ($DKS, $AA, and $POT)

With the US equity markets back on the rise today, it’s time to review the watch-list for some quality trading setups and long ideas. The following stocks are a sampling of what we’re watching over at The Trade Risk. Each of these stocks is attempting to breakout above key levels: Dick’s Sporting…

Energy Sector (XLE) “Running” Into Price Resistance

The Energy Sector (NYSEARCA:XLE) has been hot of late for investors. The bulls have taken control and driven prices higher into December. But there may be reason to turn cautious here over the near-term. Is a pullback for the energy sector on the horizon? Timeframes are always important when defining…

Natural Gas Technical Analysis & Weather Outlook For December

Natural Gas Technical Analysis Prompt-month Natural Gas held the $2.52 support level in mid-November then rocketed to fresh 2-year highs above $3.50 last week. The January contract has not surpassed its October highs in the $3.60s, however. It now finds itself at a point of resistance from two main chart…

Facebook Stock (FB): Bearish Short-Term, Bullish Long-Term

The FANG stocks (tickers FB, AMZN, NFLX, GOOGL) have lost their bite since the election, but they may be getting ready to bounce back. Facebook (NASDAQ:FB) has been particularly hard hit due to issues surrounding fake news items showing up in users news feeds. Some users also reported a bug…

S&P 500 Futures Trading Outlook For December 2

Stock Market Outlook for December 2, 2016 – The job numbers are released today at 8:30am ET and will provide volatility. Critical price support levels for the S&P 500 (INDEXSP:.INX) were broken yesterday. And this morning we tested our final target of the short for the setup in yesterday’s blog….

US Dollar Index Overbought: Is A Recharge In Order?

The US Dollar Index (CURRENCY:USD) is starting to catch traders’ eyes again.  The recent rally has been relentless, hitting Gold and Emerging Markets over the head. However, the US Dollar rally is now extremely overbought and looks due for a pause. Using the US Dollar Index Bullish ETF (NYSEARCA:UUP) as…

Gold Update: Can The Yellow Metal Get Up Off The Mat?

Since the presidential election, there has been relentless selling going on in the gold market. Last Thursday, I highlighted Gold as being oversold and a potential trading setup to watch. Gold futures prices have fallen a bit further, demonstrating just how weak the yellow metal has been in November. One thing I stated…

S&P 500 Futures Trading Outlook For November 30

Stock Market Outlook for November 30, 2016 – Stock market futures charts look poised to expand as S&P 500 futures held price support near 2198 for a couple of days. S&P 500 futures are now holding just above price resistance as news sits slightly bullish all around. Pullbacks on the S&P 500 (INDEXSP:.INX) should…