ARTICLE SYNOPSIS...The NASDAQ has broken down below its upsloping trendline, signaling that the upward rally off the March low has come to an end and a new trend has begun. Is this new rally a trading range, a more shallow upward rally, or a major trend reversal?
ARTICLE SYNOPSIS...Hewlett Packard had a tough time from 2010 through early 2013 but since then it has shown steady gains. It's recently flashed an impressive bullish chart pattern that's worth examining.
ARTICLE SYNOPSIS...XLU is undergoing a pullback rally in a highly bearish trend. The size of candlesticks along with the indicators on the chart of the stock will help identify the strength in the rally.