Tag: price pivots
Dow Industrials Nearing Yearly Pivot: Time To Reduce Risk?
The Dow Jones Industrial Average (DJIA, INDU) is back near the high of the year at the Yearly R1 Pivot Points.
Last February, the Dow...
US Dollar ETF (UUP) Should Find Sellers At $25 Yearly Pivot
The US Dollar is bouncing higher and showing some relative strength lately.
How far will the rally carry the Dollar?
In the chart below, I highlight...
Apple Stock (AAPL) Forming Head & Shoulders At Yearly Pivot
Today I am going to take a look at Apple's stock (AAPL) and discuss the recent price action... along with the AAPL yearly pivots.
The...
Dow Jones Industrials: The “Line In The Sand” Support!
The Dow Jones industrial average index (INDU/DJIA) is near KEY price support.
That support resides at its Yearly Pivot (YP) at 23,090.
The high this year...
Chart Spotlight: S&P 100 Index (OEX) At Major Price Resistance
The S&P 100 Index (INDEXSP:SP100) touched its Yearly Yr2 Pivot around 1133 on Wednesday... and its testing it yet again today (at the time...
Ready For A Stock Market Correction? Time & Price Are Converging
This week the S&P 500 Index (INDEXSP:.INX) and the Dow Jones industrial Average (INDEXDJX:.DJI) both went up and tested a confluence of strong yearly...
US Dollar Index Forms Double Bottom Pattern At Yearly Pivot
The US Dollar Index (CURRENCY:USD) and Bullish Dollar ETF (NYSEARCA:UUP) are forming a double bottom price pattern on their respective trading charts.
As well, both patterns are taking...
