Tag: chart pattern analysis
IBM Stock Update: Is A Breakout Underway?
After IBM's strong close on Monday, I decided to put together an update on IBM's chart and current stock price pattern. For further context,...
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:...
Emerging Markets (EEM) At Critical Juncture: Implications Abound
After a rough 2014 that carried over into early 2015, the Emerging Markets ETF (EEM) have finally begun to show some strong relative strength...
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...
Yahoo Stock Rallies Off Key Support: Next Move Important
On a day to day basis I truly have NO IDEA what the fundamentals are doing. That's because my specialty is advanced charting patterns....
Will Crude Oil Prices and Services Bottom With A USDCAD Top?
In order to fully comprehend the story of the Canadian Dollar (the Loonie), the US Dollar, Crude Oil, and the Oil Services Index, you...
GoPro Stock Oversold, At Tradable Support Level
As many of you are aware, we've been covering GoPro stock (GPRO) pretty closely since its IPO. And in my last GPRO stock update,...
Will A Coffee Futures Rally Be At Starbucks (SBUX) Expense?
As Coffee Futures flirt with the 130 price level, there's a chance that the low for this move is in. In order to understand the...
Will Weakness In Banking Sector Continue To Hurt Bank Stocks?
The banking sector has really underperformed in 2015. And there may be more weakness ahead for bank stocks. Why? Even though the Bank Index (BKX) has...
Will The Dow Jones Restaurant Index Take Stocks Lower?
Dow Jones Restaurant Index is carving out a 5 waves higher move and there are multiple technical indications that this index is topping and...
