December 06, 2002

Island Reversal Pattern For The Nasdaq -- Gary Grosschadl

Island reversals are topping formations, rather uncommon they often portend considerable downside action....(more)

Cocoa Reversals -- David Penn

Cocoa's year-long bull market hit a reversal in October. Has it hit another in November?...(more)

December 05, 2002

Dow Reversal? -- David Penn

Broken trendlines and failed new high attempts suggest that the Dow Utilities, Industrials and Transports remain under pressure....(more)

Bearish Rising Wedges Abound -- Matt Blackman

The markets are caught in a holding pattern at current levels and evidence is growing that they will head lower. The question is how far could they drop?...(more)

December 03, 2002

Triangle Trouble for Wheat Futures -- David Penn

A descending triangle in December wheat may signal the break for which the bears have awaited ......(more)

Double Bottoms Plus a Cup & Handle -- Gary Grosschadl

It looks like Goodyear Tire & Rubber has finally established a bottom via an intriguing looking pattern....(more)

December 02, 2002

Bearish Rising Wedge Spells Danger -- Gary Grosschadl

This Canadian telecom play also trades on Nasdaq (JDSU). Several negatives point to likely downside making this a poor prospect for shorter term traders holding long positions....(more)

November 27, 2002

Royal Bank's Divergent Swings -- Gary Grosschadl

Positive and negative divergences often lead to predictable moves, as this chart of Canada's largest bank shows....(more)

Nasdaq Turned Back At Formidable Resistance -- Gary Grosschadl

The Nasdaq's impressive rise (similar to other indices) was finally halted by its overhead resistance line - the 200-day exponential moving average....(more)

Rally Showing Signs of Fatigue -- Matt Blackman

As this rally moves into the third month, it is beginning to show its age. Is it simply taking a breather, or is it running out of gas?...(more)

November 26, 2002

Moving Average Crossovers and the Red/Green Trading Strategy -- Koos van der Merwe

Any moving average based strategy does not function well when the share price moves in a sideways pattern. Here is a share that has given good profits in the past using the red/green strategy....(more)

1-2-3 Reversals and Commodities -- David Penn

The CRB Index has been in a bull market for exactly one year. So what comes next for the subgroups?...(more)

November 25, 2002

Nasdaq Composite Index - Is It Finally Shaking Off the Bears? -- Matt Blackman

Is the Nasdaq Composite Index (COMPQ) -and the tech sector- finally out of the woods or is it just another bear rally?...(more)

November 22, 2002

QLT Inc. and Comfort Paramenters -- Koos van der Merwe

I have followed QLT Inc. for many years. It is a pharmaceutical company that is sitting on $300 million in cash and no debt. The share price reached a high of $85.75 on January 24, 2001 and is now t...(more)

The AMEX Oil Index is Testing Key Resistance -- Kevin Hopson

The AMEX Oil Index (XOI) has been capped by its 50-day moving average since July of this year. With this moving average coming into play once again, could the XOI be setting up for a short-term top?...(more)

Agilent Showing Signs of a Bottom -- Matt Blackman

Agilent (A - NYSE) is on the move again but this time it looks to be heading upward....(more)

November 21, 2002

Livestock's Last Upswing -- David Penn

As the Goldman Sachs Livestock subgroup goes parabolic, it looks like the bull markets in cattle and pork bellies are on their last legs....(more)

Gold Index Looks Rangebound, Waiting For Triangle Break -- Gary Grosschadl

Gold's choppy action may continue until we get a decisive move via a triangle break or a reversal off trendline....(more)

November 19, 2002

December Crude Oil Showing Signs of Recovery -- Kevin Hopson

December crude oil has been in a downward spiral for the last month-and-a-half. Though the contract failed to confirm a bottom last week, there were some positive technical developments on Monday....(more)

The Nasdaq: Elliott Wave and Kondratieff -- Koos van der Merwe

I discovered Elliott wave theory in 1969, and since then have been hooked. Has Elliott made money for me? No, but it has forewarned me of what to expect in the future, and that helps, but only if I ac...(more)

November 18, 2002

Time To Take Profits In Magna Entertainment -- Gary Grosschadl

Two key divergences and a 62 percent retracement level say it's time to cash in or at least use a trailing stop-loss to lock in profits....(more)

December Natural Gas Bounces Off Long-Term Support -- Kevin Hopson

December natural gas (NGZ2) has seen a sharp sell off over the last few weeks, as weakness in the crude oil futures market has weighed on prices. However, the contract successfully tested key long-ter...(more)

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