ARTICLE SYNOPSIS...The FTSE has gone nowhere for over a year and a big double top is taking shape. Waning momentum suggests that this pattern will soon be confirmed.
ARTICLE SYNOPSIS...The 30-year Treasury bond yield is testing support from a large double top, and further weakness would increase the chances of a Fed pause.
ARTICLE SYNOPSIS...This home-builder stock is testing support from its October 2005 lows, and a break below this level would confirm a double-top formation.
ARTICLE SYNOPSIS...The share price of a double top is characterized by two peaks.
ARTICLE SYNOPSIS...The Dow transports met resistance around 5000 twice in the last three months, and a rather large double top is brewing.
ARTICLE SYNOPSIS...The utility SPDR failed at resistance, and a break below the February low would confirm a double top.
ARTICLE SYNOPSIS...The payoff was swift for bears circling around the double top in lean hog futures.
ARTICLE SYNOPSIS...The North American Telecom Index is challenging its prior high, but a big negative divergence in the moving average convergence/divergence means traders should also be on guard for a double top.
ARTICLE SYNOPSIS...The continuous contract on crude oil is now showing signs of weakness after failing to rise above the peak made in mid-June. The seasonality cycle of crude oil usually causes prices to rise in the summer months. Could crude oil prices have already peaked
ARTICLE SYNOPSIS...The short-term future for Siebel Systems Incorporated looks weak.
ARTICLE SYNOPSIS...American Express (AXP) formed a double top in 2006, but support is refusing to go quietly and the pattern has yet to be confirmed.
ARTICLE SYNOPSIS...After a short, sharp rally at the beginning of May, wheat futures are headed back down.
ARTICLE SYNOPSIS...The latest offering from Steve Jobs & Company has critics and fans buzzing. But the stock market seems less than impressed.
ARTICLE SYNOPSIS...As the markets bounce, many stocks will try to follow, including Best Buy Co.
ARTICLE SYNOPSIS...CH Robinson broke double-top support on big volume, and the forecast is for lower prices in the coming months.
ARTICLE SYNOPSIS...An Adam & Adam double top over the summer leads to declines near season's end.
ARTICLE SYNOPSIS...How effective is a double top and a double bottom?
ARTICLE SYNOPSIS...The Philadelphia Bank Index responded very well to a previous double bottom and is now looking to possibly repeat with its bearish counterpart - a double top.
ARTICLE SYNOPSIS...After a spectacle run, Qualcomm (QCOM) recently ran into resistance at 70 twice this year, with the indicator flashing a yellow light.
ARTICLE SYNOPSIS...This information technology player has enjoyed a huge run since its October bottom of $6 to a recent high of $11.50. Now it's showing a potential double top formation on its daily chart.
ARTICLE SYNOPSIS...April proved to be a tumultuous month for the technology-based Nasdaq Composite Index. From a charting standpoint, the sharp April sell-off within the index followed a picture-perfect double top formation.
ARTICLE SYNOPSIS...When a share price forms a double top and a double bottom, which one do you follow?
ARTICLE SYNOPSIS...XOM has formed a strong complex double-top trend reversal pattern. A decisive close below the pattern's confirmation line will signal a major trend reversal from up to down.
ARTICLE SYNOPSIS...Gapping down past a confirmation level, shares of Federated Department Stores may become the victims of an early spring/early summer double top.
ARTICLE SYNOPSIS...After almost doubling since Mar-03, the German DAX Index ran into a wall of resistance and formed a potential bearish reversal pattern.
ARTICLE SYNOPSIS...Cadence Design Systems is the world's leading electronic design automation technologies and engineering services company.
ARTICLE SYNOPSIS...Microsoft has hit a previous resistance level just above $31. A confluence of candlesticks, symmetry, and indicators suggests a possible early warning of potential double top on this 17-month weekly chart.
ARTICLE SYNOPSIS...On December 3rd the Nasdaq touched 2000 for the first time in nearly two years. But instead of a bullish milestone, a poor close and warnings from several indicators spell the beginning of a likely downleg.
ARTICLE SYNOPSIS...Negative divergences may drive this index down again.
ARTICLE SYNOPSIS...Novice Trader's Notebook -- The Double Top Consider a security or a futures contract that is in an uptrend. The price reaches a point at which all of the buyers' demand is met, and the sellers, whether traders taking profits or aggressive short sellers,
ARTICLE SYNOPSIS...The long-term trend remains up for P.F. Chang's (PFCB) as the stock is trading comfortably above the September 1st trendline. However, a recent double top support break projects at test of this important support line and volume patterns are bearish.
ARTICLE SYNOPSIS...A topping pattern may be in for this freight transportation company owning the largest rail network in the eastern United States.
ARTICLE SYNOPSIS...The homebuilders have been leading the market for some time, but signs of distribution are starting to surface in one of the leaders.
ARTICLE SYNOPSIS...See why this stock could be a bearish signal for the US stock market.
ARTICLE SYNOPSIS...How do you tell the difference between a correction and a reversal at the top before it's too late? Being able to recognize the double top pattern could be to your advantage.
ARTICLE SYNOPSIS...The Regional Bank HOLDRS (RKH) have performed exceptionally well over the last few months, but a potential double top with waning momentum and poor breadth could stymie further upside.
ARTICLE SYNOPSIS...Staples is at a crucial point here, with pattern analysis suggesting a tradable move.
ARTICLE SYNOPSIS...The Dow Jones Industrial Average is currently trying to find support from its 50-day moving average. This coincides with a possible double-top formation.
ARTICLE SYNOPSIS...The double top formation can be an early warning of ID (impending doom) to come. A few recent examples of this formation can be seen on the charts of Cisco (CSCO) and Broadcom (BRCM).
ARTICLE SYNOPSIS...One of the common point and figure signals is the double top breakout. This is when a column of X's break above a prior column of X's separated by a middle column of O's.This short article shows how to spot this signal and some ways to inc
ARTICLE SYNOPSIS...All is not lost when a reversal chart pattern like a double top fails to materialize.
ARTICLE SYNOPSIS...Getting nailed by long tech positions in a Nasdaq nearing 2000? The double top in Veritas Software may help put a hedge between you and the hammer.
ARTICLE SYNOPSIS...Even though it is far from confirmed, the early signs suggest a double top for Yahoo. Yahoo (YHOO) and a host of internet stocks have been star performers over the last 9-12 months.