Chartology: Bank Index (BKX) Eyeing Important Resistance Band
The financials are facing an important crossroads of time and price. The Bank Index (BKX) has rallied back to the 50 percent fibonacci retracement of the March...
Chartology: Chipotle (CMG) Daily DeMark Buy Setup 9
Spiking Corn prices, a weak technical construct, and poor earnings proved to be a powerful bearish formula for Chipotle (CMG) stock. The gap lower following Chipotle's...
Chartology: Volatility (VIX) Index Nearing Turning Point?
The Volatility Index (VIX) broke out of its recent downtrend last week and into a mini fractal of that downtrend. That fractal assisted in...
Chartology: Russell 2000 (IWM) Technical Update
This is a quick chart update to my previous chartology blog on IWM. Keep an eye on the confluence of resistance around 80. As...
Chartology: EBAY Above Bullish Channel, Nearing 2006 Highs
After a quick post earnings report surge higher, eBay, Inc (EBAY) stock finds itself in an interesting position: a bit extended and sitting above...
Chartology: Apple vs Starbucks, Staggering 3 Year Chart Comparison
This is just food for thought... a little weekend fun. Below is a comparison of the recent run in Apple (AAPL) with that of Starbucks...
Chartology: Russell 2000 (IWM) Powers Into Important Resistance
By Andrew Nyquist
After breaking the June to early July uptrend line, the Russell 2000 iShares (IWM) slipped to backtest the June breakout above the March...
Chartology: Starbucks (SBUX) Falls Back in the Channel
After a parabolic like move early in the year, Starbucks (SBUX) has spent the better part of the past 4 months hanging out above...
Chartology: Unitedhealth Group (UNH)
After touching up near all time highs around 60 dollar resistance, Unitedhealth Group (UNH) stock took a breather. It's multi-year run has been quite...
Chartology: Russell 2000 iShares (IWM)
The Russell 200o iShares (IWM) broke its near-term uptrend line, eliciting a big drop and leading the major indices lower. Support resides at the intermediate...
