S&P 500 Index Displaying Bullish RSI Pattern
Welles Wilder first unveiled the Relative Strength Index in the 1970s as a way to measure price momentum for commodities. Connie Brown and Andrew Cardwell...
2-Year Business Cycles Matter in This Market
Some of you might have already heard us speak about the monthly moving averages or have read our commentary about their significance.
Monday we asked,...
US Dollar Strength: Does This Rally Have Legs?
The US Dollar Index (DXY) turned up from a MOB band target around the 101 area.
I am currently bullish the US Dollar and looking...
Nasdaq Composite Rally Starts From Important Trend Line Support!
New year, new start. Tech stocks are finally showing signs of life and stock market bulls couldn't be happier.
And it couldn't come at a...
Stock Market Stuck with a Plethora of Mixed Signals
If you are having a hard time figuring out the market’s next moves, here's a recap:
On the one hand, finally, the high yield bonds...
McClellan Oscillator Confirms Bullish Thesis
An indicator based on advance-decline data can be an ideal way to measure the underlying strength of market trends by gauging participation. One such...
Broad Stock Market Index Testing Important Breakout Resistance!
The Value Line Geometric Index is one of the broadest stock market indices. So when its price records a notable reversal, breakout, or breakdown,...
Whipsaw Stock Market With Federal Reserve Meeting On Tap
Today we are sharing a quick snapshot of a basket of indices that appear to be trading near important resistance zones.
The S&P 500 Index...
Inflation, What Inflation?
We typically have a song or two in my head. After all, watching ticks is musical and has a lot of different beats. And...
Tech Bulls Eye Potentially Explosive Stock Market Pattern!
Investors are hoping that a strong January is just the start to a strong recovery for stock prices. Particularly, tech stock prices.
The selloff hit...
