ARTICLE SYNOPSIS...CAB reached its previous high by moving out of the symmetrical triangle it had been in.
ARTICLE SYNOPSIS...Markets are actually in sharp up or downtrends only 30% of the time. Seventy percent of the time, they are either in weak trends or "choppy," moving in a sideways consolidation. The US market seems to be going through a weak trending phase and
ARTICLE SYNOPSIS...Ascending triangles are different from other triangles. They give an indication of the direction of their breakout before the event. An ascending triangle breakout on heavy volume is a good reason to be long on a stock and CompuDyne Corporation's c
ARTICLE SYNOPSIS...A breakout of an ascending triangle on good volume gives good reason to be long this stock.
ARTICLE SYNOPSIS...Here is a good example of an inverse head & shoulders formation on the chart for Janus Capital Group (JNS).
ARTICLE SYNOPSIS...The CAC (French index) broke out of the 3720 level to target the next level of 3840. Most European indexes entered a consolidation before the Dow and are breaking out before the Dow completes its consolidation. Looking for such intermarket relationship