Chartology: S&P 500 Breakout Pattern Set for New Highs?
By Andrew Nyquist
After breaking out above the 1420 level, the S&P 500 ran to 1474... and quickly. Most breakouts tend to get a bit euphoric...
Chartology: Nasdaq 100 (NDX) Bounces Off Key Technical Support
By Andrew Nyquist
After slipping out of a mini rising wedge pattern in August, the Nasdaq 100 continued it's ascent higher, forming another more macro rising...
Chartology: Dow Transports Resting on Important Support
The Dow Jones Transportation Average is sitting on an important technical support: the 38.2 percent Fibonacci retracement level. It has already bounced off this level...
Market Update: 3 Charts to Watch in the Week Ahead
By Andrew Nyquist
This week's market update is going to be short and to the point. I believe much of the coming action in the weeks...
Chartology: German DAX Technical Update
As per usual, the world is asked to wait and wait a little longer on Europe (see previous DAX chartology). The market lost some...
Chartology: S&P 500 Set to Battle Bernanke and Jackson Hole
After breaking down through near-term trend line support, the S&P 500 backtested the trend line, failed, and moved lower. The setup calls for lower...
Chartology: Dow Transports Lagging Industrials
Since peaking last summer, the Dow Jones Transportation Index has lagged the Dow Jones Industrials and other major market indices.
Currently sitting under downtrend resistance,...
Chartology: German DAX Flirting with Resistance, Waiting on Draghi
By Andrew Nyquist
The German DAX composite index has been on a nice run of late... aided in part by Mario Draghi's commitment to do "whatever...
Chartology: Nikkei 225 Magnetized to Overhead Gap
Tokyo's Nikkei 225 stock market index is nearing an interesting band of resistance comprised of the early May gap lower and the 50 percent fibonacci retracement...
Chartology: A Closer Look at the Hang Seng
The Hang Seng rallied hard into August and is now consolidating into what bulls hope is a bullish flag formation. Tonight's session (not reflected...
