Tag: fibonacci support levels
Apple (AAPL) Stock Chart: Why Bulls Need $151 To Hold
Back in mid-August, I discussed why Apple (NASDAQ:AAPL) may be nearing a top. I offered a big picture look at Apple's chart along with...
Chipotle Stock (CMG) Update: Long-Term Price Target At $257
Chipotle’s stock price (NYSE:CMG) broke key price support recently and this should open up a new wave lower.
But traders should use caution on the...
S&P 500 Update: Navigating The Choppy Price Action
The choppy price action on the S&P 500 (INDEXSP:.INX) continues... Prices reversed higher today following a rough week that saw the index close on...
Gold Update: Can The Yellow Metal Get Up Off The Mat?
Since the presidential election, there has been relentless selling going on in the gold market. Last Thursday, I highlighted Gold as being oversold and...
S&P 500 Technical Update: Are You Confused Yet?
My hiatus from writing is officially over. Â And I can't say that I missed a lot. Â At least from a price perspective. The S&P...
Crude Oil Looks Lower: New Downside Price Target
The Crude oil market has garnered a lot of interest over the last year. Â Much of it has to do with its steep and...
Stock Market Update: $SPX Fibonacci Price Levels To Watch
Less than a month ago, I pondered the question "Is It Time To Wave Goodbye To the Bull Market In 2016?". Â Â In that post,...
Crude Oil Declines Into Major Fibonacci Price Target, Rallies
Crude oil futures prices dipped below $27 per barrel last week before recovering with a late week rally that recaptured the psychological level of $30.
That...
Will Investors Say Goodbye To The Bull Market In 2016?
Hello 2016, goodbye bull market. Or is it just another market correction?
Markets move in 3 directions:  up, down and sideways. Let’s go take a...
S&P 500 Update: The Troops Are Lagging The Generals
During the first week of November, with the S&P 500 in a resistance area (2,100 – 2,135) that has produced many, many failures, I...