June 04, 2007
The Golden Bounce -- David Penn
Hourly charts of gold and gold stocks underscore the turnaround in late May....
(more)
American Semiconductor Comes Out Of Consolidation -- Chaitali Mohile
American Superconductor Corp. has finally emerged from long consolidation....
(more)
Biotechnology Index Completes Reaction Move -- Chaitali Mohile
By forming a bullish wedge, the biotechnology index gets ready to continue the bull run....
(more)
June 01, 2007
Smells Like Reflation -- David Penn
An early test of the rally in rates looms on the horizon....
(more)
Microsoft Double Top? -- Gary Grosschadl
Microsoft has hit a previous resistance level just above $31. A confluence of candlesticks, symmetry, and indicators suggests a possible early warning of potential double top on this 17-month weekly c...
(more)
Relative Weakness Weighs On Cymer -- Arthur Hill
Cymer has been underperforming the market for months, and the stock is on the verge of a support break that would signal a continuation lower....
(more)
The Advance-Decline Line -- Koos van der Merwe
Is the current chart of the advance-decline line of the Dow Jones Industrial Average trying to tell us something?...
(more)
May 31, 2007
Russell 2000 Gets Cold Feet -- Arthur Hill
The Russell 2000 broke consolidation resistance, but immediately pulled back, and now, waning momentum points to a bull trap....
(more)
Tuning In To XM Satellite Radio -- Gary Grosschadl
Has a bottom finally shown up to produce a tradable bounce?...
(more)
US Paper Index Beats Rock And Scissors -- Gary Grosschadl
This Dow Jones index is in a breakout pattern. So what is the upside target?...
(more)
Should You Buy The Dollar? -- David Penn
Positive divergences, bullish moving average alignments, and overbought conditions combine to make the greenback attractive....
(more)
A Cup With Handle In Transports -- David Penn
As crude oil breaks down, the consolidation in the Dow Jones transports hints at a move higher....
(more)
May 30, 2007
A Head & Shoulders Top In REITs -- David Penn
Has the great REIT rally finally run out of upside?...
(more)
Ranged Break -- Austin Passamonte
An expanding wedge coupled with a narrow-range channel spelled imminent action for the S&P....
(more)
S&P Seeking Support -- Austin Passamonte
Measuring support and resistance zones via Fibonacci and retracement tools....
(more)
Candlestick Warning For The NASDAQ Composite -- Gary Grosschadl
The high-tech index looks vulnerable here. A downturn would not be a surprise, but what are the targets?
...
(more)
Blowing Bubbles -- Koos van der Merwe
Everyone's talking about a bubble, whether there's one ready to burst or there's one expanding.
...
(more)
XAU Lags And Drags -- Arthur Hill
The Philadelphia Gold & Silver Index ($XAU) has been stuck in a rut the last 15 months, and relative weakness remains a serious drag. Here are the levels to watch....
(more)
May 24, 2007
A Lift In Lumber -- David Penn
Positive divergences and a stochastic pop lead lumber higher in May....
(more)
Nike Looks Ready To Run -- Arthur Hill
After a long consolidation period, Nike gapped up off support and looks ready for a run to new highs....
(more)
Biogen Returns To The Breakout -- Arthur Hill
After breaking resistance with a gap and a surge in April, Biogen Idec returned to the scene of the crime. This level should offer support....
(more)
$DJUSCH Readies To Break Out From Ascending Triangle -- Chaitali Mohile
The US Chemical Index has formed an ascending triangle on daily and weekly time frames and is now ready to break out....
(more)
Cascade Bancorp Has A Bullish Engulfing Pattern -- Chaitali Mohile
CACB is in an intermediate downtrend. Will a bullish engulfing pattern really offer a reliable buying opportunity?...
(more)
Reversal Warnings -- Austin Passamonte
Pure price action can tell us a great deal about pending market direction. Intraday emini traders can see clear reversal signal patterns almost every session -- fair warning to exit existing trades an...
(more)
Predictable Patterns Period -- Austin Passamonte
Since mid-March 2007, big-cap stock index markets seem to have a constant bid beneath them. Any intraday selloff that lasts into the closing bell is immediately reversed the next session. Most other d...
(more)
May 23, 2007
A Crude Pause -- David Penn
A pause in the crude oil bounce as oil stocks test historic highs....
(more)
May 21, 2007
Volatile NASDAQ 100 Stays In Range -- Chaitali Mohile
$NDX is volatile and moving in a 20-point range for the last two weeks. The lower range can dip to the previous low of the rally....
(more)
May 17, 2007
The S&P 500's Intraday Ascending Triangle -- David Penn
A pair of 2B tops helps mark the upper boundary of an ascending triangle....
(more)
May 16, 2007
Intraday 2B Tops In The June Emini S&P 500 -- David Penn
"What we have here is a failure to follow through..."...
(more)
May 15, 2007
Silver Signals Higher ... And Lower -- David Penn
Will the third triangle be the charm?...
(more)
Bullish Consolidation In Microchip Technology -- Chaitali Mohile
The possibility of long consolidation remains in Microchip Technology, while the stochastic is overbought but flat, so bulls sustain the rally....
(more)
Heavy On The Hog -- David Penn
The bearish implications of a double top tip the scales toward a breakdown in July hogs....
(more)
May 14, 2007
Go With The Flow -- Koos van der Merwe
The maxim "Trade what you see, not what you think you see" applies to all charts, but sometimes pure common sense carries greater weight....
(more)
...More Articles