ARTICLE SYNOPSIS...Burlington Northern Santa Fe recently broke channel support, signaling a continuation of a downtrend that started this summer.
ARTICLE SYNOPSIS...After breaking channel support with a gap, Brinker International is now challenging head & shoulders support, and a break here would extend the long-term downtrend.
ARTICLE SYNOPSIS...After failing at a key resistance point, the Dow Jones Industrial Average broke a key support level to reverse an uptrend that started in mid-March.
ARTICLE SYNOPSIS...After meeting stiff resistance from its March high, the Nikkei gapped down and broke support to reverse a 12-month uptrend. At the very least, we can expect a retracement of this big rally.
ARTICLE SYNOPSIS...The German DAX Index held out longer than most, but finally succumbed to the bear with a breakdown and major trend reversal.
ARTICLE SYNOPSIS...The transports signaled the possibility of a breakdown in late October, but a retreat from shooting star candlesticks turned into a reversal to the upside.
ARTICLE SYNOPSIS...Entry discipline avoided the nonbreakdown and provided an opportunity to join the ride higher.
ARTICLE SYNOPSIS...Amgen (AMGN) has formed a bearish descending triangle pattern on the weekly chart, very similar to the Nasdaq composite, while the daily chart seems to be consolidating. When two time frames support each other, the signal is confirmed.
ARTICLE SYNOPSIS...To successfully identify a break down as it begins to happen, it is essential to learn to look for signs of technical weakness on the chart.
ARTICLE SYNOPSIS...There are many tools that the technician can use to help identify technical weakness on a price chart. Indicators used correctly can provide invaluable information.
ARTICLE SYNOPSIS...A strong medium-term correction in Coach was accompanied by a substantial increase in trading volume. This highly bearish pattern, combined with a long-term triple top, forecasts lower prices for the stock.
ARTICLE SYNOPSIS...The S&P 600 Small-Cap Index are full of bearish indication after past weeks' correction on credit issues.
ARTICLE SYNOPSIS...After failing at long-term resistance, Bed Bath & Beyond broke pennant support to signal a continuation of the May decline.
ARTICLE SYNOPSIS...A head & shoulders top threatens to send shares of Panera Bread Co. lower.
ARTICLE SYNOPSIS...Has the upside in the Dow Jones Transportation Average all but run its course?
ARTICLE SYNOPSIS...Verizon Communications is unable to sustain its new high.
ARTICLE SYNOPSIS...The price of Chemed has gapped down from the lower ascending trendline. Will this breakdown open fresh short-selling positions?
ARTICLE SYNOPSIS...Having recently breached the downside of a three month old trading range pattern, shares of Discovery Communications appear to be setting up for yet another leg down.
ARTICLE SYNOPSIS...The New York Composite Index still has a number of bearish technicals holding it back, but a few rays of hope are shining through.
ARTICLE SYNOPSIS...3M's recent price action led to a breakdown from a small, short-term congestion pattern. At the same time prices also completed a long-term double top pattern.
ARTICLE SYNOPSIS...When a well-defined, major consolidation fails to result in a continuation of the previous trend, look for a high probability move in the opposite direction.
ARTICLE SYNOPSIS...Despite no change in the Fed's $85 billion monthly bond purchase plan, the US dollar surges and the Euro heads south.
ARTICLE SYNOPSIS...As the fund with the weakest overall relative strength ranking in the Select Sector fund complex, FSNGX looks to be headed to even lower levels in the wake of a major break of weekly support.
ARTICLE SYNOPSIS...Market breakdowns occur as fast as you can blink, but if you know the signs of a breakdown, you can emerge a winner.
ARTICLE SYNOPSIS...Shares of Hess Corporation appear to be at or very near a major high, with at least a 10-15% correction coming afterward.
ARTICLE SYNOPSIS...Silver spent April going down in nearly a straight line. Will silver spend June moving back up?
ARTICLE SYNOPSIS...Shares of Michael Kors Hldg. Ltd. (KORS) have staged a powerful bearish breakdown, one confirmed by multiple technical dynamics.
ARTICLE SYNOPSIS...After two months of appreciation against the yen, the USD/JPY took a hard hit in February going into March.
ARTICLE SYNOPSIS...After consolidating for a few weeks, Diamond Offshore broke support to trigger a point & figure sell signal.
ARTICLE SYNOPSIS...Shares of Qualcomm, Inc. look ripe for another spike lower to a key support level.
ARTICLE SYNOPSIS...Another day, another look at a setup gone awry.
ARTICLE SYNOPSIS...The flag formation for SSRI has failed and signals that the SSRI will continue to trade lower in the short term. However, the short-term upward trend for SSRI should resume once this correction is complete.
ARTICLE SYNOPSIS...When you trade a trend-following system, it's usually best to wait for follow-through before initiating your position.
ARTICLE SYNOPSIS...If you found yourself missing the glory days of greenback gloom and doom, then have I got a symmetrical triangle for YOU!
ARTICLE SYNOPSIS...A negative stochastic divergence confirms a breakdown from a rising wedge.
ARTICLE SYNOPSIS...Though the S&P 500 has been resilient in recent months, the index is showing signs of vulnerability.
ARTICLE SYNOPSIS...Pattern perfection is sometimes not all it's cracked up to be.
ARTICLE SYNOPSIS...Another new low in the CBOE Volatility Index suggests the market is in the mood for a move higher.
ARTICLE SYNOPSIS...Shares of Wal-Mart Stores have enjoyed a sizable rally since late April 2012, and now, cycle studies suggest a pullback is due.
ARTICLE SYNOPSIS...Rowan recently breached key support around the $23.00 level but the long-term technicals still point to higher prices.