May 31, 2006
A 1-2-3 Bounce In Gold -- David Penn
A cycle swing sets up a short-term low in unhedged gold mining stocks. The 1-2-3 trend reversal helps traders and speculators take advantage of it....
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OEX Battles 580 -- Arthur Hill
The S&P 100 came down hard in May, but managed to find support at a prior resistance zone. Meanwhile, the battle for 580 is still raging....
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STI Nears Reversal Zone -- Arthur Hill
The Singapore Straits Times fell off a cliff in May but has yet to become oversold as it nears support....
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Retesting The Lows -- David Penn
Assuming the market doesn't crash in the last week of May and first week of June, the NYSE is setting up for an ideal test of the recent lows....
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May 30, 2006
Yahoo! Trying To Bounce -- Gary Grosschadl
As the overall markets attempt to bounce off the recent downleg, many stocks will try to follow suit. Will Yahoo! have something to shout about?
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Pfizer Tests Supports -- Paolo Pezzutti
The stock is testing the lower trendline of a channel that contains prices during the past months' downtrend....
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Canadian Nickel Miner Inco Making Dollars -- Gary Grosschadl
Inco Ltd. is Canada's nickel-producing giant and is on another upswing. Who needs gold with profits like this?...
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May 26, 2006
A Golden Sandwich -- Gary Grosschadl
The TSX Gold Index reflects the current uncertainty of where gold is headed next. It's caught in an "EMA sandwich."...
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Dancin' Days For The Dollar? -- David Penn
Bouncing off the lows as gold suffers through a major correction, how much upside does the greenback have left?...
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May 25, 2006
Bucking For A Bounce? -- David Penn
A rebound from intraday lows sets up the possibility of higher prices in stocks by the Memorial Day weekend....
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Wal-Mart Downside -- Gary Grosschadl
A long-term view of this retail giant shows significant downside....
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May 24, 2006
Doomed By The Divergence -- David Penn
Negative divergences in the Russell 2000 signaled the potential for weakness in late May....
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The Volatility Index As A Forecasting Tool -- Koos van der Merwe
Can the volatility index be used to predict market direction?...
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May 23, 2006
Fibonacci, Trading Ranges, And A Semiconductor Bounce -- David Penn
Where will the falling Philadelphia Semiconductor Index find support?...
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The Canadian Dollar -- Koos van der Merwe
Is the recent strength in the Canadian dollar a type I or a type II move?...
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May 22, 2006
Hammer And Triangle For Sugar -- Luis Ferro
The formation of a hammer pattern has bullish implications in the short term. An Elliott wave theory triangle in the medium-term trend strengthens the chances that sugar prices will go up....
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JetBlue Airways: Short-Term Reversal -- Paolo Pezzutti
The stock has developed an interesting bullish reversal pattern, although general market conditions are negative....
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Disney Tests Resistance -- Paolo Pezzutti
The stock is in an uptrend and is outperforming the stock market....
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Mind The Gap At Ameristar Casinos -- Arthur Hill
After a laborious advance over the last six months, Ameristar Casinos broke down in a big way, signaling a continuation of the prior decline....
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Dow Nears Support Zone -- Arthur Hill
The Dow Jones Industrial Average has entered a support zone that marks the make-or-break level for the medium-term uptrend....
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May 19, 2006
Trading Ranges -- David Penn
Does the NASDAQ 100's recent trading range suggest the magnitude of the move down?...
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May 18, 2006
Support Is Close At Hand For The FTSE -- Arthur Hill
Some indicators suggest that support is close at hand for the FTSE and that traders should prepare for a bounce....
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Home Depot Breaking Down -- Arthur Hill
After underperforming the S&P 500 for months, Home Depot is finally cracking with a high-volume decline....
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May 17, 2006
Google And Fibonacci -- David Penn
The first major correction in GOOG found support at one Fibonacci level. Will a subsequent correction in GOOG find support at another?...
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May 16, 2006
A Moving Average Sandwich For Dow Chemical -- Arthur Hill
Dow Chemical is stuck in a support zone bound by two moving averages, and the direction of the break when it happens will have long-term implications....
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A Double Top For DR Horton -- Arthur Hill
This home-builder stock is testing support from its October 2005 lows, and a break below this level would confirm a double-top formation....
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