Chartology: McDonald’s (MCD) Clinging to Trend Line
2012 has been a rough year for McDonalds (MCD) stock. Further, when one considers and compares performance metrics to the overall market YTD, its...
Chartology: Exxon Mobil (XOM) Attempting to Break Out
For Exxon Mobil (XOM) stock, "V" stands for volatility and V-shaped moves. The volatility part is due in part to the previous two bouts...
Chartology: Corn Nearing Exhaustion?
After a dramatic 50% move higher due to drought conditions, Corn prices may be ready to take a breather. A close above 796 on...
Chartology: Google (GOOG) Technical Update
Here is an update to last week's chartology pointing out Google's impending thrust higher into a parallel DeMark weekly sell setup count. Hopefully some...
Chartology: Mastercard (MA) Uncertain, Watch Action Around 50 Day MA
For the past week or two, Mastercard (MA) has been hanging around the 50 day moving average. Watch the action here and now. A...
Chartology: Flour (FLR) Nearing Confluence of Resistance
Fluor (FLR) formed a nice rounded bottom during a two month basing process in June and July. The stock then rocketed higher, and is...
Chartology: Salesforce (CRM) Bounces Hard Off Key Fibonacci Level
After a big 60% run from December to April, Salesforce (CRM) sold off hard with the market, before developing a descending channel and stair...
Chartology: Silver (SLV) Basing on Long Term Trend Line?
Silver (SLV) has spent the better part of the past 3 months attempting to form a bottoming base. 27.50 and 28.00 appear to be...
Chartology: Apple (AAPL) On Breakout Watch
After breaking out above the downtrend line, Apple (AAPL) may look for a quick retest of the breakout area and downtrend line. This may...
Chartology: Google (GOOG) Higher Into DeMark Sell Setup?
Yesterday I was scanning charts from the outside in (long term to short term) when I came across Google's (GOOG) weekly chart setup.
In short,...
