S&P 500 Rally Levels to Watch
By Andrew Nyquist
A couple weeks back, the financial markets appeared to be on the cusp of a breakout. But follow through was nigh, and the...
Emerging Markets (EEM) Bulls Looking For Consolidation
By Andrew Nyquist
The price action in Emerging Markets (EEM) has many investors excited about the broader market prospects, for when high beta sectors (i.e. emerging...
Financial Sector Leadership? Key Price Levels to Watch
By Andrew Nyquist
Considering all the fiscal cliff dramatics, it's amazing to think that the Financial Sector (XLF) has been one of the best performing sectors...
Market Indices Breaking Out, Follow Through Key
By Andrew Nyquist
Of the 3 major market indices, the S&P 500 is showing the most strength, breaking out above the downtrend line and closing on...
Nasdaq 100 Symmetry: Potential for Several More Weeks Consolidation
By Brad Tompkins
Back in September, I wrote a piece detailing the difficult trading period we experienced following the sharp drop last summer (Read: Technical Patterning...
Technical Update for SP 500 and Nasdaq 100
By Andrew Nyquist
As the action continues to percolate (and on Fed day, no less), I thought it would be a good idea to provide a...
A Closer Look at the Tech Sector
By Andrew Nyquist
Since the bottom a couple weeks back, the Technology Sector has surged higher. And it isn't a surprise that Apple (AAPL) has lead...
S&P 500 Technical Update: Key Levels
By Andrew Nyquist
The rubber band was stretched too far. Similar to sentiment getting too negative too fast, price fell too far too fast.
On November 16...
Dow Transports Looking Weak, Back at 38.2 Fib
By Andrew Nyquist
The Dow Jones Transportation Average is back on the 38.2 Fibonacci retracement magnet. It's actually a bit surreal because my previous blog on the Transports...
IWM Chart Note: Nearing Important Price Zone
By Brad Tompkins
I was running through some charts late yesterday and noticed that IWM (Russell 2000 iShares) is nearing an important support/resistance confluence zone.
The reaction over...