Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...After forming a massive head & shoulders pattern, the Gold Miners ETF broke support to confirm the reversal and establish a long-term downtrend.
ARTICLE SYNOPSIS...A fracture of the lower channel line on the daily S&P 500 may be nothing more than an attempt to shake out weak longs -- or does this trend break signal more downside to come?
ARTICLE SYNOPSIS...Texas Industries broke rectangle support for the second time in six months, signaling yet another continuation of the long-term downtrend.
ARTICLE SYNOPSIS...Best Buy is tracing out an ascending triangle on the daily chart, but the weekly chart suggests that this could just be a reaction rally within a larger downtrend.