Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982 has had over 1,226,237 subscribers from 174 different countries. 37,000 Page Traders’ Archive for $89.99
ARTICLE SYNOPSIS...A bullish flag & pennant pattern failed as MBFI dropped toward its low pivot. If a double bottom is formed, could the stock witness a relief rally?
Energy Select Sector May Undergo Some More Correction
ARTICLE SYNOPSIS...XLE has moved into the overbought area, and the daily price chart has formed a rising wedge. The sector is likely to witness a correction during the uptrend.