Nasdaq 100 Index Hits Support; Will It Reverse Higher?
Our projected downside price target zone for the Nasdaq 100 Index futures was 14178-14100. The overnight low came in at 14184.25. Call it close...
Taking Profits While the Stock Market Tanks
Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) failed to clear key resistance areas this past week. Â
Additionally, the CPI reported that inflation...
Crude Oil Rally Reaches Super Breakout Resistance!
Inflation has been a growing worry for investors and consumers alike. And Thursday's Consumer Price Index (CPI) data didn't help, showing a 7.5% spike...
Stock Market ETFs Trading Price Levels To Watch for Thursday
Two of the major indices including the Russell 2000 (IWM) and the Dow Jones (DIA) have cleared key resistance levels, however, the S&P 500...
Metals GOLD and Palladium Complete The Recovery: Elliott Wave AnalysisÂ
The U.S. equity markets have traded in a range as traders and investors await CPI data tomorrow.Â
Gold made a sharp and strong turn down...
Are Semiconductors Flashing Green Light For Tech Stocks?
When there is bull market in tech stocks, there is likely to be leadership from the semiconductor sector.
In fact, one might argue that the...
Stock Market Rallies But Bulls Have Hurdles To Clear
The S&P 500 Index rallied 0.84% on Tuesday while closing near the highs of the day. As well, oil prices finally cooled off and...
Is Biotech Sector (IBB) Looking for Major Price Move?
The past four trading days have held roughly the same price areas within the major indices.
Specifically, the S&P 500 (SPY) and the Nasdaq 100...
Precious Metals “Cup” Patterns Have Long-Term Bulls Excited!
Each investor has to be aware of what their time-frame is. Are we looking at the coming days, weeks, months, or years. Some are...
Will Stock Market Break Out Above Monday’s Inside Day Pattern
Monday mainly showed consolidation within the major indices.
The Russell 2000 (IWM) spent most of its time within Friday’s price range along with the S&P...
