March 31, 2010

Copper's Convincing Break Higher? -- Donald W. Pendergast, Jr.

Copper has staged a very strong and somewhat unexpected rally after taking a tumble during the first two months of 2010. Is this latest breakout destined to eventually challenge the all-time highs ach...(more)

March 30, 2010

Resistance Levels In Trending Markets -- James Kupfer

Fibonacci lines are normally used to project support and resistance zones for retracement moves, but as we can see on the DJIA, they may also prove useful for identifying resistance levels for trendin...(more)

Computer Technology Index At Breakout Point? -- Chaitali Mohile

A long-term bullish reversal pattern has appeared on the monthly time frame....(more)

March 26, 2010

RMO New Buys And Sells In Currencies -- Donald W. Pendergast, Jr.

The Rahul Mohindar trading system has flashed new swing trade signals -- long for the US Dollar Index and short for the Canadian dollar....(more)

The VIX Hints Of Irrational Exuberance -- Ron Walker

A bullish P-p-P pattern on the MACD histogram hints that volatility is on the rise. But market sentiment remains very bullish at these levels as the indexes make fresh highs, drawing the bulls into a ...(more)

High-Flying ZION Prepares For Pullback -- Donald W. Pendergast, Jr.

Of all the stocks in the S&P 500, Zions Bancorp has the highest 13-week relative strength ranking versus this key large-cap index. But even the strongest stocks will eventually pull back to key suppor...(more)

March 25, 2010

Simple Strategy For IWM -- Donald W. Pendergast, Jr.

System trading can be just plain boring, but compared to the nonstop emotional ups and downs of discretionary trading, trading with a simple and steady mechanical method might be the best choice....(more)

Is It Time To Buy Citigroup? -- Koos van der Merwe

Citigroup has been receiving a great deal of publicity recently. Is it time?...(more)

March 24, 2010

Combo Deals Are Better -- Ranjan Jha, CMT

Trading decisions can be simplified if both psychological and mechanical aspects of price action are understood. A combination of candlesticks and Western oscillators does that job well....(more)

March 23, 2010

Adventures At Wally World -- Donald W. Pendergast, Jr.

Continuing with last week's test theme of applying the reversed MACD trading system to a variety of high- and low-volatility stocks, this week we look at a three-year backtest of the system on a more ...(more)

March 22, 2010

The Vertical Rally Halts -- Chaitali Mohile

The bullish rally of Office Depot has reached an important support area. Will the stock resume the existing upward action?...(more)

March 19, 2010

Will The DJIA Reach 11,000? -- Koos van der Merwe

CNBC is calling for votes on whether the Dow Jones Industrial Average will reach 11,000. What do you think?...(more)

R2K Ripe For A 21-Day EMA Retest -- Donald W. Pendergast, Jr.

Based on current internal strength readings and other technical criteria, the Russell 2000 index appears to be at or very near the start of a corrective move lower....(more)

Reading The Bar, Identifying The Countertrend -- Alan R. Northam

The main trend of a market determines its long-term trend. However, long-term trends are regularly interrupted by countertrends otherwise known as market corrections. By reading the bar of the next sm...(more)

March 18, 2010

Reading The Bar, Identifying The Trend -- Alan R. Northam

It is easy to get trapped in relying upon technical indicators to identify the direction of the trend when all necesssary information is embedded within the trading bar. By properly reading the bar it...(more)

March 17, 2010

More GBP/USD Currency Reversals Underway -- Donald W. Pendergast, Jr.

After enduring a nearly four-month decline, the GBP/USD forex pair might just have enough of a fire beneath it to bring it back up toward the 1.56 area again....(more)

March 16, 2010

Euro At Make Or Break Point -- Donald W. Pendergast, Jr.

The euro's three-month-long decline has been put on hold for the time being, but is the recent runup from the lows confirmation of a trend reversal, or will strong resistance force a retest of the Mar...(more)

WYNN Waits For Breakout -- Chaitali Mohile

The breakout of an inverted head & shoulders pattern of Wynn Resorts turned sideways under the moving average resistance, and the stock is waiting for another breakout....(more)

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