In The Crosshairs: 3 Stocks On Breakout Watch (HIG, LMT, and ABT)
I pay attention to specific, price defined levels of support (demand) and resistance (supply), looking for opportunities to trade around these levels based on...
Are Precious Metals Ready To Break Out? Two Ratio Charts To Watch
Gold has been in a persistent downtrend since 2011. Failed rallies have added up and it's taken its toll on precious metals bulls.
2017 has...
US Stocks: Some Perspective On Current Market Leadership
In the past couple of months, larger capitalization stocks (large-caps) have taken the major blue chip indices higher, shouldering a lot of the load.
I...
Stock Market Futures Weekly Trend Outlook – March 6
THE BIG PICTUREÂ
Serious Open Gaps!
For weeks now I have been commenting on how relentless the market has been without any durable pullbacks. Â Even in...
S&P 500 Weekly Review & Technical Outlook – March 3
In this research note, we will look at some key stock market indicators, the health of the S&P 500 Index (INDEXSP:.INX), and a handful...
Gold Futures & Miners Decline Again: What’s Next?
This week the Gold Miners (NYSEARCA:GDX) have been hit hard, and Gold (NYSEARCA:GLD) itself has seen some downside follow through.
So what's next for the...
S&P 500 Index Testing Yearly Resistance Pivots
Yesterday's rally higher saw the S&P 500 Index (INDEXSP:.INX) test important an important resistance area: the confluence of S&P 500 yearly trading pivots for 2017.
And...
S&P 500: Rare Bollinger Band Signal Clears Important Hurdle
Part One: The Squeeze
A November 30, 2016 analysis highlighted a very rare long-term occurrence on the monthly S&P 500 Index (INDEXSP:.INX) chart below (1982-2016)....
Japanese Yen ETF (FXY): Elliott Wave Upside Targets
As a follow-up to Friday's post about Yen futures, here we show some areas for the ETF trader to watch.
Charting the CurrencyShares Japanese Yen...
Rare Stock Market Indicator Flashes Bullish Signal
Only Three Other Occurrences Since 2002
The True Strength Index (TSI) is a momentum oscillator based on a double smoothing of price changes. As shown...
