Is The S&P 500 Forming A Bearish Rising Wedge Pattern?
Technical analysis of stocks and other financial markets is admittedly a "fuzzy" craft.
Identifying technical patterns is not that dissimilar from gazing at the clouds:...
Is The NYSE Composite Index Topping? Watch That Divergence
The markets have been choppy for several weeks and this has made it difficult for traders and investors to figure out the market's next...
S&P 500 Update: Wedge Pattern Keeping Market Bulls In Check
The past several weeks have been an adventure for active investors. To be honest, I've been itching to be more active, but my experience...
S&P 500 Within Reach Of Major Fibonacci Level
It's inevitable, every time investors start to "look" higher, the market reverses and punishes them. This has happened several times in 2015 as the...
Why The SP 500 May Be Targeting Higher Prices Yet
The current rally on the S&P 500 may be targeting higher prices yet. Why do I say that? Because that's what my Fibonacci method...
German DAX Chart Says Pullback, Then Final Thrust Higher
As the German DAX approached 10,000 last year, the PATTERNS at play were very important. The all-all time low in the German DAX was...
S&P 500 Support Levels: Why 2040 and 1970 Are Important
The S&P 500 (SPX) has been in consolidation mode since early March, forming a wedge pattern. Since the longer-term trend is higher, a breakout to the...
S&P 500 Update: Is The Market Running To Stand Still?
Over the past several months, the S&P 500 has managed to climb higher while momentum is slowing and volatility is re-emerging. As we've noted several times,...
Dow Jones Industrials Testing Confluence Of Price Resistance
Sometimes stepping back the day to day price movements can help us get a better perspective on the markets. When we look at a...
Dow Theory Non Confirmation Signal: Spring 2012 Repeat?
Dow theory can be a valuable tool to have in your toolkit. Especially if you keep the confirmation and non-confirmation signals in perspective of...
