March 26, 2004

It's The Chart Stupid -- Arthur Hill

The media attributed the decline in U.S. stocks during the month of March to "security" issues. However, a look at Turkey and Pakistan suggests that the terrorist threat has little to do with stock pr...(more)

Crude Oil Moves Slowly And Surely Upwards -- Ashwani Gujral

Looking at their weekly chart, Crude Oil futures are ready to break out of a head and shoulder consolidation pattern. This consolidation occurred over the last four years and now seems headed toward...(more)

March 25, 2004

Is Gold Restarting Its Bull Run? -- Ashwani Gujral

Flags are often pauses in ongoing trends. They offer a good place for traders to book profits or enter into the trends. Is gold breaking out of one such weekly flag?

...(more)

Are Silver Futures Overheated? -- Ashwani Gujral

Silver is part of the precious metals sector currently in a long-term bull market. With all the uncertainity related to the equity markets and the global terror threat, it has had a vertical upmove i...(more)

Applied Materials Follows Intel Down -- Arthur Hill

The recent support break in Applied Materials (AMAT) confirms a bearish reversal as well as widespread weakness within the group....(more)

All Ords Looking Toppy -- Arthur Hill

The Australian All Ords Index ($AORD) has been one of the top performers over the last 12 months, but the index just met a major resistance level with slowing momentum....(more)

March 24, 2004

Corn Futures Looking For Another 33% Upside -- Ashwani Gujral

Corn futures have formed a rounding bottom over a period of eight years and are now breaking out. A sharp gain of 33% can be expected immediately if futures maintain over 2922....(more)

March 23, 2004

Selling Climax For Lockheed Martin -- Arthur Hill

Extensive selling pressure in Lockheed Martin (LMT) over the last few weeks smacks of capitulation, but the long-term trend is clearly down with a head and shoulders pattern looming....(more)

Gold Moving Toward Overhead Resistance -- Gary Grosschadl

Gold successfully bounced off $390 support and now has upside resistance to tackle....(more)

Where Technicals And Fundamentals Sing The Same Tune -- Matt Blackman

Technical signals are good and can often be used to anticipate future price movement. But when technicals and fundamentals agree, your probability for success goes up....(more)

Double Trouble For Applied Materials, Inc. -- Gary Grosschadl

Applied Materials, Inc. (AMAT) has moved below recent support and in doing so has violated two important thresholds....(more)

March 22, 2004

A Potential Downside Target For The S&P 500 -- Kevin Hopson

The S&P 500 Index looks to be headed lower in the near-term but when will the bleeding stop?...(more)

When Technicals And Fundamentals Tangle -- Matt Blackman

How many times have you seen a great technical pattern form only to watch it fall apart later? Often the reason is simple and knowing it can keep the savvy trader safe from harm....(more)

March 19, 2004

S&P E-mini Futures Enter A Downtrend -- Ashwani Gujral

The S&P e-mini ended its agonizing rally on the daily chart and took the path of least resistance, which was down. This exhaustion pattern is called "Three Little Indians."...(more)

Nasdaq TRIN Not Oversold Yet -- Arthur Hill

Oversold readings in the Nasdaq TRIN have preceded a number of rallies over the last twelve months. Despite the current decline, the Nasdaq TRIN has yet to become oversold and this suggests more room ...(more)

March 18, 2004

A Simple Way To Use Money Flow -- Kevin Hopson

Money flow for XTO Energy has been negative recently but the trend may be ready to reverse....(more)

Japanese Yen Futures Ready For More Downside -- Ashwani Gujral

The Japanese yen futures are in a deep downtrend. The recent respite appears to be forming a bear flag, the breakdown of which will lead to a level of 8500....(more)

Boeing Co. Tries To Hammer Out A Bottom -- Gary Grosschadl

Boeing, like many others, fell below its 50-day EMA as the overall markets tunrned south. The hammer signal formed on March 16, hints at a possible bounce here....(more)

Gann, Elliott And The Dow -- Koos van der Merwe

The terrorist act in Spain has led to a change in government and the threat of a withdrawal of troops from Iraq. Has Al Qaeda won? What does the Dow say?...(more)

Newmont Mining's Bullish Gap -- Kevin Hopson

Though Newmont Mining faces further obstacles in the short-term, bearishness in the stock is starting to subside....(more)

March 17, 2004

Barr Labs Breaks Down From Consolidation Pattern -- Ashwani Gujral

Most stocks or commodities cannot maintain a sharp rise or fall for an extended period of time. Sharp moves in any direction are often followed by a consolidation pattern, with an eventual breakout or...(more)

Copper's Relentless Uptrend -- Ashwani Gujral

The ADX on the copper chart is at extraordinarily high levels. Profit booking and consolidation should be expected at this point....(more)

March 16, 2004

Barrick Gold Stalls At Key Retracement -- Arthur Hill

Barrick Gold (ABX) suffered a sharp decline in January and the current advance looks like a corrective rally....(more)

What's Next For Natural Gas? -- Kevin Hopson

As expected, natural gas prices broke to the upside from a falling wedge formation but is there more steam left in the rally?...(more)

General Electric Co. Testing Major Support -- Gary Grosschadl

General Electric (GE), one of the market's bellweather stocks, has been sliding down hard. It has now reached an important support level, will it hold?...(more)

FTSE 100 Nears Double Fibo Zone -- Arthur Hill

FTSE 100 works its way high towards key retracements and remains in uptrend....(more)

March 15, 2004

No Fun In Toyland -- Arthur Hill

Both Mattel (MAT) and the Dow Jones Toy Index broke important support levels to signal a continuation lower....(more)

The Nasdaq: A Tough Call -- Koos van der Merwe

"Further, of bearish importance is that the Nasdaq has itself failed for the second time at a level below the previous top, while making new and lower lows. Bull markets make higher highs and higher l...(more)

March 12, 2004

Squeeze, Pop Goes The S&P -- Matt Blackman

For those who have been following volatility using Bollinger Bands, an interesting thing happened to the S&P500. . ....(more)

OTC Cousin Leads Nikkei 225 -- Arthur Hill

The Nikkei 225 was profiled on February 18, with a potential head and shoulders brewing. Now that the index broke above neckline resistance, it is time to consider what it would take to prove the brea...(more)

Stochastic Divergences, Diamonds And Elliott Waves -- David Penn

Once again, a positive stochastic divergence suggests a low in the S&P 500....(more)

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