ARTICLE SYNOPSIS...The Nasdaq composite broke down from a bearish head and shoulders pattern on both the daily and weekly pattern. It has returned from the upper end of its weekly range to continue trading in a consolidation range.
ARTICLE SYNOPSIS...When the daily chart shows a downleg, it's prudent to consult a longer-term chart (say a weekly one) for further insight.
ARTICLE SYNOPSIS...Atlanta-based Suntrust Banks (with assets of $180 billion), one of the nation's largest and strongest financial holding companies, is testing support.