Tag: stock chart analysis
Gold Setting Up For A Big Breakout Test?
In late April, I wrote a piece of research on Gold and its prospects for a short-term rally.
That was a short-term analysis that hinged...
U.S. Equities Update: Investors Set Aside Worries… For Now
The US equity markets soared more than 4% last week recapturing two-thirds of the more than 6% pullback experienced in May.
That strength is carrying...
NYSE Composite: Elliott Wave Prospects for a New High in Stocks
A few days ago we showed a bullish Elliott wave scenario for the Dow – one that we have been tracking closely for several months and...
S&P 500 Futures Trading Update: Counter-Trend Bounce or Something More?
S&P 500 Futures Chart - June 10
Momentum and short term trend remain bullish -after a weak jobs number that preceded the stock market bouncing...
Tesla (TSLA) Charges Back, But Likely Just A Bear Market Rally
Tesla (TSLA) Daily Chart
Tesla (NASDAQ: TSLA) is amongst the individual stocks that moved significantly last week.
For the week, Tesla's stock price rose 10% last...
Who or What Is Pulling the Stock Market’s Strings?
With a downbeat jobs report, falling yields and U.S. Dollar, gold rallying along with the volatility index, the market ran up another 250-300 points.
The...
Dow Jones Industrial Average: The “Not-Yet” Bearish Elliott Wave Case
In recent months we posted charts at See It Market showing why we think U.S. stock indices are trying to reach a new high....
Ciena’s Stock Price Soars As Strong Earnings Confirm Market Cycle
Ciena Corporation (NASDAQ: CIEN) Stock Chart "weekly"
Ciena (CIEN) soared 26% on Thursday after the company posted earnings that beat Wall Street expectations.Â
Based on its market...
S&P 500 Futures Trading Update: Press and Fade
S&P 500 Futures Trading Chart
In a reflection of yesterday's estimations, the statistic that suggests a bit higher press before a fade seems to be...
GameStop (GME) Declines Sharply: Look For A Bounce Before More Selling
GameStop (NYSE: GME) Stock Weekly Chart
GameStop tanked 35% on Wednesday after the company missed Wall Street expectations for sales and sales guidance.
Poised for a...