August 16, 2007

Transports Stall Near Support Break -- Arthur Hill

After breaking support with the sharp decline, the Dow transports stalled over the last seven days, and it looks like a continuation pattern is forming....(more)

Is Downside In Biotechnology Index Complete? -- Chaitali Mohile

The lower highs in price and the long-term moving average upside move formed a symmetrical triangle. The breakdown has forced the index to plunge. Will the freefall continue?...(more)

Consumer Staples Bounce Back -- Chaitali Mohile

XLP moved smartly above resistance with strong support and heavy volume....(more)

Intel Traces Out Two Bearish Patterns -- Arthur Hill

Intel is trading at support with two potentially bearish patterns emerging and money flows weakening....(more)

August 10, 2007

A Bearish Wedge For IBM -- Arthur Hill

A filled gap and bearish wedge look ominous for Big Blue. A breakdown from here would target further weakness toward the next support level....(more)

Dow Jones Industrial Average At Crossroads -- Chaitali Mohile

With stronger support & resistance at different levels, is it wise to expect wide range moves in the DJIA?...(more)

Bearish Breakdown In S&P 600 -- Chaitali Mohile

The S&P 600 Small-Cap Index are full of bearish indication after past weeks' correction on credit issues....(more)

August 09, 2007

The TSX Composite's Monthly View -- Gary Grosschadl

The Toronto Stock Exchange has outpaced the Dow Jones Industrial Average since the big runup started late in 2002....(more)

Is Biopure Set To Rise Through The Ceiling? -- Koos van der Merwe

Biopure Corp. is a leading developer and manufacturer of oxygen therapeutics, a class of pharmaceuticals that are intravenously administered to deliver oxygen to the body's tissues. Wishful thinking, ...(more)

Morgan Stanley Price Finds Support -- Paolo Pezzutti

The stock finds an important support in the $60 area and outperforms the DJ Investment Services Index....(more)

Microstrategy Inc, Is Still Under A Dark Shadow -- Chaitali Mohile

MSTR stands on major support after a bad week, but an increase in bullish pressure would bring in a relief rally....(more)

West Marine Moves On With Bullish Mood -- Chaitali Mohile

Downtrend ends for West Marine, with three white soldiers formed on three black days for US indexes.

...(more)

August 08, 2007

USD/CHF: Positive Divergences And Hammer Candlestick Lines -- David Penn

"I'm not dead yet!" cried the greenback, as divergences and reversal patterns hint at a bottom....(more)

The Wheat Diamond -- David Penn

A diamond breakout in September wheat begins another leg higher....(more)

A Momentum Breakout For Carbo Ceramics -- Arthur Hill

Carbo Ceramics remains range-bound on the weekly chart, but a high-volume breakout on the daily chart points to higher prices and a breakout on the weekly chart....(more)

August 06, 2007

Divergences And The Dow Jones Utilities Index -- David Penn

Positive divergences in the second half of July helped create a bottom in the falling DJUA....(more)

Upside Opportunities In The S&P 500 -- David Penn

Intraday divergences and candlestick reversal patterns hint at a higher S&P in the early days of August....(more)

Russell 2000 Hits Support -- Arthur Hill

The Russell 2000 bore the brunt of selling pressure over the last two to three weeks, but the index could be ripe for a bounce as it becomes oversold and trades at support....(more)

August 03, 2007

A Breakout For Lockheed Martin -- Arthur Hill

Lockheed Martin reversed a multimonth decline with a breakout over the last few weeks, and renewed relative strength points to higher prices....(more)

Ryder Fuels Up On Big Volume -- Arthur Hill

Ryder Systems bounced off support with big volume, and a resistance breakout looks imminent....(more)

The Dow Jones Pitchfork View -- Gary Grosschadl

The Dow Jones Industrial Average has declined some 800 points from its 14,000 high. What is the next likely move?...(more)

August 02, 2007

Belt Holds Bolster The Dollar -- David Penn

A pair of bullish belt hold patterns in the greenback suggest near-term strength....(more)

Hartmarx Corp. Bucking The Trend -- Gary Grosschadl

This Chicago-based clothing company founded in 1872 has a bullish chart and appears headed higher....(more)

A Long-Term Analysis Of The DJIA -- Koos van der Merwe

Are the events of the week ended July 27 the start of a major correction in the Dow Jones Industrial Average? A look at the chart presents conflicting evidence....(more)

July 31, 2007

A Breakdown In The Nikkei -- Arthur Hill

After meeting stiff resistance from its March high, the Nikkei gapped down and broke support to reverse a 12-month uptrend. At the very least, we can expect a retracement of this big rally....(more)

July 30, 2007

Dark Cloud Cover Caps Bond Rally -- David Penn

A reversal pattern brings the bearishness of the stock market to the world of bonds....(more)

The NASDAQ Composite's Monthly Chart -- Gary Grosschadl

It's been a hard week for the indexes. The NASDAQ, for one, lost 4.66% for the week, or 125 points. What does the monthly chart reveal?...(more)

Dow Jones Basic Materials Hits Support -- Arthur Hill

The Dow Jones Basic Materials Index led the market lower last week, but traders should be on guard for a bounce as the index is now oversold and at support....(more)

July 27, 2007

The QQQQ's Intraday Head & Shoulders Top -- David Penn

The rally in the NASDAQ 100 lasted almost a month before a head & shoulders pattern signaled a correction....(more)

Sierra Wireless Heading Lower -- Gary Grosschadl

Several candlestick warnings hint at the coming downside....(more)

Daimler Chrysler And Cerberus -- Koos van der Merwe

We all know that German products are built to last, and that the US's financial success lies in that it is a consumerist society....(more)

Topping The Pound -- David Penn

Bearish candlestick patterns anticipate a correction in the British pound/US dollar currency pair....(more)

July 26, 2007

A Working Wave Count For The S&P 500 -- David Penn

A late June bottom sets the stage for the last move higher in the bull market that began in March....(more)

...More Articles