ARTICLE SYNOPSIS...3M has been a top performer over the last four years, but low volume and a potential bearish reversal pattern could end that streak.
ARTICLE SYNOPSIS...My favorite trend strength indicator, DMI (directional movement indicator), says gold price and the gold index do not have enough power in the short-term so expect a move down.
ARTICLE SYNOPSIS...By watching the reaction of prices in areas of trendline/Fibonacci support and resistance levels, traders can gain extra confidence as they anticipate strong reversal and continuation moves.
ARTICLE SYNOPSIS...After breaking support with the sharp decline, the Dow transports stalled over the last seven days, and it looks like a continuation pattern is forming.
ARTICLE SYNOPSIS...Even the strongest bull market rallies need time to pause and regroup before continuing higher. Is the current action in the broad markets a consolidation or a major top?