September 08, 2008

Energy Select SPDR Has Peaked -- Alan R. Northam

The bull market in XLE that started in 2002 came to an end in May 2008. XLE has broken the up trendline and is now in a market correction that could see XLE fall to 50 or more.
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September 05, 2008

Is Cisco Losing Support? -- Chaitali Mohile

A gap up in Cisco created a strong support line for the bullish rally. Any move below the support level could result in a big drop.
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September 04, 2008

Pfizer May See A Bullish Rally -- Chaitali Mohile

A small range-bound rally may complete the cup with handle pattern. The bullish breakout of the pattern may attract new traders....(more)

BNI Traces Out An ABC Pattern -- Arthur Hill

Burlington Northern Santa Fe formed an ABC pattern over the last two months, and a big bearish engulfing pattern signals the end of wave C....(more)

September 03, 2008

QQQQ Crash Coming? -- Alan R. Northam

QQQQ has now entered into wave (3) of 3, the crash wave, just in time for the worst two months of the year for the stock market. Expect QQQQ to sell off rapidly from here on out.
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Air Products Breaks Wedge Trendline -- Arthur Hill

After meeting resistance from two key moving averages, Air Products broke a rising wedge trendline and appears to be set to continue lower....(more)

Will The US Lead The Way To Recovery? -- Koos van der Merwe

How much farther can the Standard & Poor's 500 fall?...(more)

September 02, 2008

Can The GDP Move The Market Higher? -- Alan R. Northam

The latest GDP numbers are now out and they were better than expected. Investors are starting to get optimistic about the economy, but will the positive GDP data move the stock market higher?
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August 28, 2008

JNPR Finds Support At Gap -- Arthur Hill

Oversold stochastics and gap support could lead to a bounce for Juniper....(more)

A Breakdown For Brinker -- Arthur Hill

After breaking channel support with a gap, Brinker International is now challenging head & shoulders support, and a break here would extend the long-term downtrend....(more)

August 27, 2008

S&P 100 Has More Downside -- Chaitali Mohile

The S&P 100 has retraced back to 38.2% retracement levels. The correction may hit the lowest level....(more)

Is Wal-Mart Stock About To Fall Again? -- Alan R. Northam

Wal-Mart is up against overhead resistance, and recent trading has produced a rare triple divergence. Is WMT about to fall again?

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

Has the time come to start nibbling at financials, or is it a case of "Fools rush in..."?...(more)

August 26, 2008

Crude Oil May Bounce Back -- Chaitali Mohile

The sharp plunge in oil prices since July brought great relief across the financial markets. The commodity has cooled almost $40 from the highs. Can the oversold stochastic result in a price bounce?...(more)

RIMM Hits Resistance -- Arthur Hill

Research in Motion is meeting resistance from a big gap, and a recent MACD crossover signal points to lower prices....(more)

A Bearish Triangle For CAT -- Arthur Hill

Caterpillar formed a triangle consolidation after a sharp decline. This pattern looks like it could be a rest before a continuation lower....(more)

August 25, 2008

Post-Olympics, Will Prices Rise Again? -- Koos van der Merwe

The Olympic Games have ended. Is the atmospheric pollution back?...(more)

August 22, 2008

Intel's Symmetrical Triangle -- Alan R. Northam

Intel has been in a symmetrical triangle trading pattern for approximately six years, and the downward trend is expected to resume in early 2009 with a price target of $12.06 by 2010.
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August 21, 2008

The QQQQ Gets A Top Failure Swing -- Ron Walker

The relative strength index gave an early signal to the current weakness on the QQQQ by forming a top failure swing. Additional clues in other time frames suggest that there may be further downside to...(more)

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