Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...After a decline in the first two weeks of January, MasterCard became oversold and then firmed at support. Look for a range breakout to trigger a rally.
ARTICLE SYNOPSIS...QLogic Corp. formed a bullish engulfing pattern at support, and an upturn in the stochastic oscillator would argue for a retracement of the prior decline.
ARTICLE SYNOPSIS...The US Dollar Index remains in a clear downtrend, but the index is firming near oversold territory and looks ripe for at least a bounce.
ARTICLE SYNOPSIS...After a sharp decline to support, Wal-Mart formed a triangle consolidation, and traders should watch these boundaries for the next signal.